This question <1683|1425> overall <949|951> Iblindone: <791|1153>. graded A

Question 364: The empirical appearance of the processes of sale and purchase encourages a naive mistake, which makes it difficult to understand the metamorphosis of the commodity. Which mistake?

[950] Iblindone: The naive mistake.   The naive mistake that is commonly made when looking at market transactions is that they are thought of as an exchange, as when bartering. A barter is an exchange of two commodities, or use-value for use-value. This is not the way we want to look at this transaction. We are wanting to look at the sale and purchase of a commodity instead. In the sale or purchase of a commodity it switches forms, from a use-value to a value (money), this process is also known as a “metamorphosis” or “form change.” Gold would not be considered a commodity in this transaction, but as money.

Hans: Your last sentence should read: “Gold would not be considered a different commodity from the commodity sold, but merely as a different form (value-form instead of use-value form) of that commodity.”

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