This question <82|161> overall <91|93> Hippie: <91|93>.  
  Question 3: What is a commodity? Marx does not give the definition of a commodity but an analysis. How would you define the thing he analyses? (The answer can be given in one sentence.)   
  [92] Hippie: I would say that a commodity is a good or service   
  Hans: And what would you think Marx would say?   
  [92] Hippie: (datestring)Mon, 30 Jan 1995 13:54:34 -0700 (MST)(/datestring) I think Marx would say that a commodity could be anything. The value of that commodity is determined by its scarcity and useful labor put into that object   
  Hans: Marx does not say that scarcity creates value, only labor creates value. Not useful labor but abstract labor. (and when he talks about commodities he does not just mean “anything,” he means something very specific.   
 
 
 
  Students enrolled for Econ 5080 in 2009fa are invited to give feedback to the above message
Pseudonym:      UofU ID:  
Text: