| This question <56|56> overall <65|67> Kenshiro: <426|138-1>. |
| Question 142: Describe a situation in which something which was not produced as a commodity is converted into a commodity through the exchange. |
| [66] Kenshiro: The Value of Shaft Regarding the question: We may use the Grains, wheat, rye, barley, etc... A farmer will cultivate the ground, he will then add the seed and fertilizer and pesticides to the area so that the seeds may grow. He will then spend many hours raising irrigating and then harvesting the product. In the end he will have received his harvest of various grains. The farmer may then use the Grain for other commodities or services. Hence, the value of the abstract labor to produce the grain is then equal to the value of the labor used in producing another commodity that they are traded with. |
| In producing the Grain however, the farmer also creates a great deal of shaft. The Shaft is a bi-poduct of the grain production. The shaft is not a commodity unless another farmer can use the shaft and desires an exchange for it. A pig farmer can use the shaft for bedding for the farmers pigs. This does not increase the value of the wheat. It does however, create a market for an otherwise, unmarketable item. Hence creating a market, or a value for the shaft of a grain. |
| Hans: This is exactly the same as [56], you just replaced “pooh” by “shaft”. What grade did you expect to get for this? |
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