This question <159|68> overall <43|45> TOAD: <17|74>.

Question 60: Labor power creates products. The value of the products comes from the value of labor power, and the use value from the use value of labor power. Is this a correct rendering of Marx's theory?

[44] TOAD: Labor Power   Yes. I would say that this is a correct rendering of Marx's theory. I feel this way because of the readings of the following paragraphs 132:1-134:0 and R134:0-136:2. in these paragraphs Marx uses the example of the linen material and the coat that is made from the material. He explains that the linen is a product of nature and would exist weathor or not man used it for any purpose. However after the linen is woven into a fabric that can be used it has use value because of the labor that was put into changing it into fabric, eventhough the use value of the fabric is half of the finished product it still has use vlaue. The use value of the fabric doubles when the coat is taylored because there is twice as much labor in the coat then there is in the linen.

The value of the coat only represents the amount of labor put into the production of the coat as the value of the linen only represents the amount of labor put into weaving the material. Therefore the coat has twice the value as the material.

The use value of the material is half that of the coat because the two kinds of labor are of different qualities. The quality of the labor in the material is half the quality of the labor in the coat.

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