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[95] Geo: fetish Marx did not do a very good job of explaining the “secret” of the fetish
like character of the commodities. He used the description of why the
abstract labor and the commodity value were or are placed at the levels they
are placed at (in relation to the private labor and market value) to explain
how the commodity takes on its actual value (the use value). Now this
explanation made it much more clear as to why Marx focuses on the idea that
labor is something so important to the value of a comodity, but it does not
help explain how or if there is a “secret” to the idea that a non-needed
commodity has the value it has. The relation of the commodity to other
commodities of equal value (in the market) is not what Marx would call a
secret. Therefore, Marx falls short in his search for the “secret” of the
fetish like character. But by giving this title to an idea, it somewhat
helps one to understand that there is a difference in the value of a
commodity when it is a neccessity or just a materialistic commodity. |
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