Space issue is increasingly becoming the focus of attention of left-wing camp，and discusses about epistemology and axiology of space have risen to the central category of current emancipatory politics theory. Marxist historical materialism examines the logic of capital space from the aspects of “spatialization of capital” and “capitalization of space” and constructed Space Hermeneutics centering on capital critique and human liberation though space-time dialectics of the system of “world history” and “world market”，providing necessary discourse resources for the “space transfer” of criticism of capital and the revival of radical ethos it triggered.