Given the contemporary climate of identity politics, how should we grasp the relation between difference and capital? Rather than considering difference as a social positivity and a given identity that is divorced from the logic of capital, this course approaches difference as it is (re)produced within capital's logic and the historical and materialist development of capitalism itself. In Part 1, we review the logic of capital through the theoretical lens of Marx's Capital, Volume One (1867), paying particular attention to the basic 'doctrines' of circulation, production, and distribution of capital. In Part 2, we investigate diverse methods and techniques by which capitalist development historically (re)produces difference in terms of the division of the world; uneven and combined development; nation, race, and gender; and civilizational difference. By clarifying how difference is (re)produced historically by capitalist development, this course seeks to debunk how difference-as-identity is naturalized in ideology. The course is also intended to give students the increasingly rare opportunity to practice narrating the logic of capital according to Marx.