Fixing Marx's Reproduction Schema (Part 1: The Problem)

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This is also part 7 of the intro series

00:00 Capitalism as a circulatory system
02:38 A diagram
11:13 A simpler diagram
14:25 The three departmental circulations
21:11 Circulation One
25:48 Circulation Two
30:27 Beginning of schema discussion
32:31 Simple Reproduction
38:28 Expanding Reproduction
44:32 Mathematical shortcomings
47:48 The subtitle
50:57 What is needed
55:12 Stating the problem
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Flow of "stuff", not of "commodities". Remember that commodities are not just "things of use-value to someone".

stavroskarageorgis
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In the diagram, if we are actually going forward with the assumption of department 1 selling one commodity (i.e., we're aggregating), department 1 shouldn't have a flow of commodities from the market, nor a flow of money to the market. Department 1 produces all the means of production that it needs, it doesn't need to buy anything besides labour.

giannistsiligiris
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at 10:05 when you say different parts of the working day correspond with different departments what do you mean? A worker working somewhere that produces sheet metal at no point is making consumer goods and vice versa

MyAce