In this video from our recent “Capital in a Day” event, Ben Gliniecki discusses the origins, societal role, and future of money.
We continue our series on Marx’s masterpiece, Das Kapital, with this video of Ben Gliniecki discussing the question of money.
Covering chapers 2-3 of Capital, Ben explains the historical origins and social basis of money, analysing its economic role within a system of commodity production and exchange.
Applying Marx’s method to this complex question, Ben explores concepts such as inflation and crypto-currencies (like Bitcoin), and shows how money will not simply be abolished under socialism, but will eventually “wither away”.