This event is the third in a series of open, critical discussions of
the Marxist approach to philosophy, history and society. In this
session, we will discuss the basic concepts behind Karl Marx's
analysis of capitalism. The discussion will closely follow the first
20 pages of Chapter 4 of Robert Heilbroner's 1980 book "Marxism: For
and Against". However, reading the chapter is not essential for coming
to the discussion, as the ideas will be presented and explained during
the first part of the discussion. This session will cover the notions
of use-value and exchange-value, the notion of the "commodity" form,
and the Labor Theory of Value as conceived by Marx.