Week 5: Capitalism as a System

Marxism: Theory, Political Economy, State Forms, and Contemporary Debates · 5:07

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Lyrics

[Verse 1]
In the market square where products gleam
Things appear much more than they seem
A simple chair holds mystery deep
Social relations hidden underneath
Workers' hands that shaped the wood
Are invisible where shoppers stood
The commodity stands alone and bright
Hiding labor from our sight

[Chorus]
Use value, exchange value, labor power too
Three concepts that Marx wanted me and you
To understand how capitalism flows
Commodity fetishism nobody knows
Use value what you need it for
Exchange value what you pay at the store
Labor power sold by the hour
That's the source of profit's power

[Verse 2]
Use value is the concrete need
A coat to warm, a book to read
Exchange value's abstract form
Numbers dancing in the storm
Ten dollars, twenty, fifty more
Measured by the market's score
But neither tells the fuller tale
Of human effort without fail

[Chorus]
Use value, exchange value, labor power too
Three concepts that Marx wanted me and you
To understand how capitalism flows
Commodity fetishism nobody knows
Use value what you need it for
Exchange value what you pay at the store
Labor power sold by the hour
That's the source of profit's power

[Bridge]
Labor power is special goods
Sold by those in working hoods
Creates more value than it costs
While the worker pays what's lost
Surplus value flows upstream
To the capitalist's dream
This is how the system turns
While the laborer barely earns

[Verse 3]
Behind each thing upon the shelf
Lives a story of ourselves
Human labor crystallized
In forms that leave us hypnotized
The fetish makes us all forget
The social bonds within our debt
Objects seem to have their own
Power that's not theirs alone

[Chorus]
Use value, exchange value, labor power too
Three concepts that Marx wanted me and you
To understand how capitalism flows
Commodity fetishism nobody knows
Use value what you need it for
Exchange value what you pay at the store
Labor power sold by the hour
That's the source of profit's power

[Outro]
When you see that shiny thing
Remember what these concepts bring
Social relations hide in plain sight
Marx's lens brings them to light

← Week 4: Historical Materialism | Week 6: Exploitation and Surplus Value →