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[96] Stuart: Physical properties of commodities != value. Both of these statements say the same thing. The first statement that a
commodity's value “does not contain a single atom of physical matter” is saying
that the physical properties of a commodity do not contribute to its value. The
2nd statement says the same thing in a different way, it states “no chemist has
ever discovered exchange-value in a pearl or diamond.” Chemists examine
physical properties of matter, by only examining the physical properties one is
not able to determine value. According to Marx, value of a commodity is
determined by the abstract labor used in creating the commodity, not its
physical characteristics. |
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