This episode presents an overview of the third chapter of Hosseini and Gill's book Capital Redefined. This chapter introduces a "modular approach" for theorizing capital, aiming to move beyond traditional Marxist value theories and provide a more integrative social theory of capitalist socio-ecological relations. The authors argue for a redefinition of capital that acknowledges its complex, interactive, and evolving nature, as opposed to a fixed, all-inclusive definition. The approach differentiates between "fetish value" (capitalist value extracted through "decommonizing" fundamental commoning sources) and "true value" (a normative concept rooted in these sources when liberated from capital's relations). This framework is intended to facilitate critical dialogue between various Marxian and post-Marxist theories and serve as a basis for developing context-specific theories of transformational change.