[Marx and chill 3] Rent of Land 🌎🌍🌏 Economic and Philosophic Manuscripts of 1844 Summary
Channel: MaylingStudio
Date: 2021-01-21

Welcome to the 3rd episode of Marx and Chill. Today we discuss "Rent of Land" from Karl Marx's Economic and Philosophic Manuscripts of 1844. We learn about the true nature of the landlord, and the true value of the land.

In "Rent of Land" from Karl Marx's Economic and Philosophic Manuscripts of 1844 we examine the relationship between the landowner, the land, and their tenant. How the landlord has a monopoly and is favored by all exterior conditions. We also discuss how the landlord holds zero value and is wrongly accredited with the value of what the earth can naturally produce.

Furthermore, we learn that the landlord's interests go against the interest of the tenant, the workers, the capitalists, and society at large. "Rent of Land" from Karl Marx's Economic and Philosophic Manuscripts of 1844 walks us step by step, as to how the selling of land actually creates a money aristocracy. The competition among landlords, and the accumulation of land actually blurs the lines between classes. And the simultaneous drop in wages to the working class leads to the inevitable consequence of a revolution.

"Rent of Land" from Karl Marx's Economic and Philosophic Manuscripts of 1844 is fascinating in the sense that it separates landlords from capitalists. Their interest are not the same, even though their behavior and its consequences have very similar patterns.

PDF of the text: https://www.marxists.org/archive/marx/works/1844/manuscripts/rent.htm

Marx and chill playlist: https://youtube.com/playlist?list=PLyJlOW6AjvyfPyPTahC0OU3lFmwIJgrUN

**Buy Marx' Economic and Philosophic Manuscripts of 1844 -  https://bookshop.org/a/82436/9780486455617

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00:00 Intro
00:12 Rent of Land begins
01:20 Rent
01:55 Relationship between landlord and tenant
02:57 Cost of rent
03:44 Increase of rent
04:17 Landlord's interest
05:31 big vs. small land
06:56 the selling of land
07:53 abolishing romanticism 
09:26 division of land
11:16 final thoughts

Marx and Chill
Previous episode - Marx and Chill 2: https://youtu.be/DX5u_jy85NE
Next episode - Marx and Chill 4:  https://youtu.be/wVRx9BqPWJQ

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