| This question <71|70> overall <65|70> Dange: <1684|248>. content A– form 80% |
| Question 63: Marx says that the exchange-relations are characterized by an abstraction from use-values. But use-values do affect the exchange proportions. If a use-value is in high demand compared to supply, then it commands a higher exchange-value. If a competitor brings out a better product, the firm's own product may not sell any more. Can this be reconciled with the claim of abstraction from use-value? |
| [69] Dange: My answer would be no. Marx's view that exchange-relations are characterized by an abstraction from use-value cannot be reconciled with market supply and demand. Marx is saying that the use-value of a product is not taken into account when making exchanges. The quantity of the good is the only thing taken into account--one apple may equal five oranges and so that is how much each good is worth, having nothing to do with the use-value connected with it. | Originally: I would answer this question no, Marx's view of exchange-relations being set apart by an abstraction from use-value does not reconcile with market supply and demand. Marx is saying that the use-value of a product is not taken into account when making exchanges. The quantity of the good is the only thing taken into account--one apple may equal five oranges and so that is how much each good is worth, having nothing to do with the use-value connected with it. |
| By looking at market supply and demand, I can make the assertion that this is false. If you were to trade with me, I would give you five oranges in exchange for one apple because the apple is more valuable to me. Therefore, I would say that exchanges are based more on consumer preferences and desires than pure quantitative operations. | By looking at market supply and demand, I can make the assertion that this is false. The way I see it, I would give you five oranges in exchange for one apple because the apple is more valuable to me. Therefore, I would say that exchanges are based more on consumer preferences and desires than pure quantitative operations. |
| Hans: I had to edit your submission. My edited version is shown in the left and your original text in the right column. “Characterize” is not the same as “set apart.” Other than that, only fairly small changes were necessary to convert your colloquial English into a well readable and clearly written text. |
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