This question <175|173> overall <147|150> TOAD: <74|181-3>.

Question 127: What is the progress of the Money form as compared to the General Equivalent form?

[148] TOAD: Progress of the Money form   If I understand the question correctly you are asking what changes have taken place in the commodity of gold to change it from a commodity to the Universal equivilent.

First off in example form C gold expresses its value in tearms of linen. As Kalle answered in question 83 the value of the commodity on the left of the equivelent is dictated by the the exchange vlaue of the commodity on the right. Meaning that in form C the value of gold was dictated by the “current exchange value” of linen.

As time passed gold was more widely accepted as the universal equivalent meaning that is was used more and more as the means by which the exchange value of other commodities was judged. Gold made its move from the relative value to the equivalent value. (left side of the equation to the right)

As this change became widley accepted it gained a monopoly over all other forms of equivelents and became “the expression of value for the world of commodities”. With this change to the money commodity form D became the Money form and for this reason it is different from form C the General form.

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