Introduction to the Marxist critique of political economy. Clara. 3.

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An excerpt from The Capital Volume 1, on the process of surplus value creation: here Marx elaborates in detail how the production process in capitalism is simultaneously a production of use-values, of value and of surplus value. It elaborates several important basic concepts and basic mechanisms (use-value vs. value, labor power and its value, lengthening labor hours to achieve surplus-value creation, socially necessary labor, etc.). In addition, Marx illustrates this logic by means of a concrete example, occasionally putting himself (in his usual ironic, humorous way) in the capitalist's shoes. [1]

An excerpt from Mandel's Marxist Economic Theory, the beginning of the chapter on periodic crises: in this excerpt, Mandel points out the difference between pre-capitalist and capitalist crises, explains what creates the possibility of overproduction crises in capitalism, and also briefly elaborates their general course. The vocabulary in this section is not that easy. But still it seems interesting to me because I will only have a limited time to talk about production crises during the presentation. I especially hope that after the presentation, in which I explain the basic concepts, it will be easier for them to better understand this text excerpt. [2]