This question <214|214> overall <213|217> BonzoIsGod: <110|735>. graded A–  
  Question 134: How does Marx's statement in 138:2/o that a commodity's value material “does not contain a single atom of physical matter” relate to his other statement in 177:3-4 that “no chemist has ever discovered exchange-value in pearl or diamond.” Do they say the same thing or something different?   
  [214] BonzoIsGod: Commodity Value and Exchange-Value.   Marx's statements are related in that both are asserting that a commodity's value and exchange-value are not tangible items. “That so and so much abstract labor was used up in the production of the linen is not evident from its use-value” (Ehrbar, 72). It is a principle of society that one cannot reach out and touch or scientifically discover the value of an item. It is understood what an item's value is, based on society's practices.   
  Hans: The value of an item cannot be determined up to 3 decimal places as its weight etc. But a Marxist would still say it can be investigated scientifically. Even if social science does not look like physics, it nevertheless deserves the name of “science.”   
 
 
 
  Students enrolled for Econ 5080 in 2009fa are invited to give feedback to the above message
Pseudonym:      UofU ID:  
Text: