This question <49|64> overall <50|52> Hans: <48|52>.  
  Question 148: Can one say the coat, in the equation 20 yds of linen = 1 coat, symbolizes the value of the linen?   
  [51] Hans: Elementary misunderstanding.   Both Goshen [45] and Vasco [49] make a basic mistake when they say the coat symbolizes the value of the linen because it shows what can be made out of linen. This is completely wrong (see p. 82 of the Annotations). When Marx talks about the “value” of linen he means its labor content, not its use-value. The only person who knows this labor content is the linen weaver, and she is not motivated to tell us the truth. But actions speak louder than words. If the linen weaver agrees to exchange 20 yards of linen for one coat, then this action gives information about it what the linen weaver thinks her labor is worth. This is why the above equation is called an expression of the value of the linen in the use-value of the coat. Question 148 asks: is the coat in this equation a “symbol” of the value of the linen?   
 
 
 
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