This question <635|458> overall <7|10> JT: <1249|86>.  
  Question 62: Why does Marx's inquiry sometimes reach an impasse which can only be resolved by “considering the matter more closely”?   
  [8] JT: Impasse essentially means an impassable point. Marx reaches these impassable points from a casual observation of the world around him. He becomes torn between two different explanations of the world around him which he believes are both correct. Marx says that the exchange value is based on something outside of the exchange. The exchange could be based on the location of the exchange taking place, the number of similiar commodities that are being exchanged, what people tend to pefer, etc. He also argues that an exchange value has an inherent worth in the commodity being exchanged. This is where Marx says that “considering the matter more closely” is essential. There may be some underlying cause or reason to a phenomenon taking place that one cannot understand without studying it a little closer. An example of this would be a person who has never been swimming in water and then seeing a boat floating and assuming that one could walk on water. Another example is Hans' experience with the people blinking their lights at him and Hans thinking that they must know him, without even considering his lights were off and needed to be turned on.   
  Hans: You had originally written “impassible” which means “unable to feel or suffer.” In addition, there were lots of typos in your original submission which you could easily have fixed by reading over the text again.   
 
 
 
  Students enrolled for Econ 5080 in 2009fa are invited to give feedback to the above message
Pseudonym:      UofU ID:  
Text: