| This question <97|101> overall <98|100> Hans: <98|102>. |
| Exam Question 38: What is the exchange value of a commodity? (Give its definition, not an analysis where it comes from). |
| [99] Hans: Exchange Value: A Gift we could do Without “Exchangeability” does not really capture it. You pick up that stick from the ground there and I pick up this rock here, and now let's exchange them. This proves that rock and stick are exchangeable, i.e., that they have exchange value? No, of course it does not. |
| Also the word “given” bears the wrong connotations. In commodity society, things not only can be exchanged but usually they must be exchanged in order to become useful for their producers. And for those who need things but for some reason do not have money to buy them, the exchange value can be a formidable obstacle. |
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