In Volume 2 of Capital, Marx introduced several schemas and tables that were designed to represent his model of reproduction on a social scale. To get a better sense for how both simple and expanded reproduction work in Marx's theory, we will go over the relevant mechanisms and dynamics.
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Narration, script, and video graphics by "M."
Animated intro by Jack, co-host of the Auxiliary Statements podcast @AuxStatements on Twitter.
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Background music from ToastedTomatoes:
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Further Reading/Source Material:
Marx, K., Engels, F., Mandel, E., Fernbach, D., & Marx, K. (1990). Capital: A critique of political economy (Vol. 2). London: Penguin Books in association with New Left Review. [See Chapters 18, 20, 21]
(Thank you to the people who pointed at the error in the first upload!)
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