This question <570-1|102> overall <100|102> Desarrollo: <72|333>. graded B–  
  Question 176: Describe the joint work of all commodities which is necessary to appropriately express the value of one commodity.   
  [101] Desarrollo: The work that gives value.   Through comparison with other commodities a commodity gains value. This “general form of value” is a combined effort of the ‘warenwelt’ or commodity-world. In this world the reality of a commodity is its value. The work of all commodities that goes into expressing the value of each new commodity is a constant task, with each new commodity following suit of those that preceeded it.   
  This process of commodities being compared to one another is due to the social need for a commodity to have a value. Social actors act to create a form of value which is generally useful. This value is the general value and it is valid to the society in general.   
  Because this is a general value, there is no one actor who influences value more than another, it is “all-sided”. It is not really the commodities that do the work, but their existence in the society of the warenwelt entails a value.   
  Hans: Commodities receive their value not through comparison with other commodities, but through the labor that went into their production. And the question where a commodity gets its value from is a different question than how it can express its value.   
 
 
 
  Students enrolled for Econ 5080 in 2009fa are invited to give feedback to the above message
Pseudonym:      UofU ID:  
Text: