| This question <53|61> overall <59|61> Makarios: <979|251>. |
| Question 24: Why does Marx say that use values are the “material carriers” of exchange value? |
| [60] Makarios: Marx says this because exchange values are values placed on products by society, and the value that society places on things, or the value of each individual product, is determined by the use values of each product. More simply put, the usefulness of any given product is a determinant of how valuable society determines a product to be. If a product is useless, then its exchange value is likely to be very low. |
| Hans: This is subjective value theory but not Marx. Being a “carrier” of something is a much weaker statement than what you just described. It is like the canvas on which the painting is pained. It does not determine the painting. |
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