| This question <90|105> overall <92|94> Dew: <24|101-1>. |
| Exam Question 80: In the equation “20 yards of linen = 1 coat,” what is the difference between the left hand side and the right hand side? |
| [93] Dew: This equation implies that the definite quantities of two kinds of commodity are equal to each other. The purpose of the equation is to express the magnitudes of different things that become comparable in quantitative terms when they have been reduced to the same unit. |
| Id-[69] said that this relationship is attempt to explain how the old barter economy used to work before money was even an issue. I agree with it, because long time ago people did not use money as a standard measurement of commodities. That's why I think this relationship played an important role in old barter economy. |
| The left hand side of the equation is the relative form of the value of the linen, and the right hand side of the equation is the equivalent form of the linen, that is coat. Therefore, the equation, 20 yards of linen = 1 coat, is expressing only the value of linen by being related to the coat as linen's equivalent form. Marx says that this relationship is two poles of the value expression, therefore, one commodity can not hold both relative and equivalent forms at the same time. And we can not switch these two commodities' positions if we are examining the value of linen. If we switch the positions, the meaning of the equation will no longer be the same as before. Then the equation will be expressing the value of a coat, and it is expressed in the equivalent form of the coat, namely, 20 yards of linen. |
| Hans: You merely recited Marx without explaining in your own words what he said. And your submission is the 6th submission about the same question, without adding anything to what all the others had said. You should have chosen another Question. |
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