This question <51|51> overall <49|51> Cleo: <23|53>. graded B  
  Question 124: What does the qualitative equation “linen = coat” tell us about the coat? about the linen?   
  [50] Cleo: The coat and linen are directly related to one another. Yet one relies on the other, and A may rely on B, however B may not necessarily rely on A. This is how Marx explains the phenonemona of the qualitative equation of linen equals coat. One relies on the other, as it depends on how much linen the weaver is willing to trade for one coat. If the weaver is willing to trade 40 yards to linen for one coat, then we would have the equation, linen = coat, in the sense that the linen is 40 yards, not the 10 yards that had previously been explained. Depending on how much the linen weaver is willing to exchange for a coat, will prescribe the value of linen in relation to a coat. One good is dependent on the other. The coat has a given value, which will allow one to trade it for another good. The value that the coat contains can be exchanged with the linen, which also has value. The value of the linen is determined by how much one is willing to trade for a coat, this could be a small amount of linen or a large amount of linen. Both commodities have a value which allow one to be exchanged for another. In this example, the linen consists of a base value, which in the end, results in the allowance for the purchase of linen.   
  The maker of linen determines the value of linen by the amount that she is willing to trade for a coat at market. The value of linen will determine its market value, not its use value. The use value of linen is at this point determined by the weaver. She does not know how much labor was put into the coat, yet she knows the value of the coat to her. Her desire to trade linen for a coat, describes the value of the linen, in her opinion, not that of the coat. However, the coat contains labor, which makes them equivalent, containing value, and allows for a trade at the market level.   
  Each good has a value, and its value is reflected in ones willingness to trade at the market, for another commodity containing equal value.   
 
 
 
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