| This question <20|23> overall <20|22> Charles: <9|27>. |
| Exam Question 10: What is a commodity? Marx does not give the definition of a commodity but an analysis. How would you define the thing he analyzes? (The answer can be given in one sentence.) |
| [21] Charles: What is commodity? Commodity is something that is in demand by the society. It is related to electricity, metals, lumber, oil, gas and other things in regards to the society as a whole. The commodity is the first thing that is needed by the society in order to make or advance it to other goods. |
| Hans: The Annotations, i.e., the Study Guide, say in the paragraph just preceding this question here: “In English business parlance, the word ‘commodities’ is used for products which are available from many suppliers, and which are standardized, so that there is no reason, apart from price, for the buyer to prefer one supplier over another.” Marx does not mean it this way. The word “commodity” is the translation of the German “Ware” which does not have this connotation. |
|
|
|||||