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[103] Hans: Another Attempt at Defining Exchange Value JoeHill's definition [101] is not good. Bull's [97] was
better here, who said exchange value was the
“exchangeability” of the commodity. I complained about it
in [99] because Bull said that exchangeability was “given”
to the commodity, presumably by the individuals, rather than
it being the result of the way production is organized.
Perhaps the following formulation makes it clear that
exchange value has a social origin and does not just depend
on individual decisions: |
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