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[41] Zeek: Why commodity, not value? Marx throughout this first Chapter has been referring to
Commodities rather than Value. Upon reading what Marx refers to when
talking about value we understand that value takes on many different
forms. Marx often referred to an expression that, “20 yards of linen =
1 coat.” Here he is talking about commodities and their values. The use
value of the linen is expressed in the coat. Linen itself has no use
value, until you put it with another item (commodity). To understand the
value we need to look first at commodity. Marx expresses value through
commodities. Marx states that in order for something to have value it
must have some form of utility associated with it. According to Marx the
only way that a commodity can make itself known is through its exchange
value. Values of an item can only be shown through that of a commodity.
Linen in the coat has value, but alone its value is not apparent. This is
why Marx refers to commodity rather than value in his first Chapter. |
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