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[95] KStone: commodity and money. Money in Marx's view is the concept of value for commodities and the universal
confusion of exchanges for everything. Money exchanged for a commodity is much
easier to calculate rather than trying to judge equal amounts of labor put into
different objects. Marx sees complications when money is calculated as a
ratio of how much utility an individual receives from a material object. This
is due to variables, which happen when physical qualities are given to
commodities in order to determine their use value. These physical qualities
can't be directly compared to a quantitative sense, or reflection of personal
use in a capitalist society. The only element that is common to all commodities
is their pure form of exchange values, or the amount of money an individual is
willing to pay for one unit of a particular commodity. Complications arise when
the price of a certain commodity is given an inherent relation, physical
characteristic, or useful qualitative attribute. Therefore money exchange for a
commodity is better represented as an attribute of the commodity itself rather
then an attribute of utility one receives from the commodity. |
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