This question <658|278> overall <269|271> ZACH: <80|271>.

Question 371: By putting a price tag on a commodity, does the seller declare, assert, that this commodity contains as much labor as the corresponding amount of gold?

[270] ZACH: Commodities worth Gold.   Assuming that we are comparing the commodity to gold, then I believe that yes. As the book says, “although invisible, the value of iron, linen and corn exists in these very articles: it is signified through their equality with gold, even though this relation with gold exists only in their heads, so to speak.” If I am understanding correctly, then whatever the owner of the commodity feels his commodity is worth, in his head, compared to gold, that is the price he/she is going to charge for that commodity. If gold is the value that we are comparing the commodity to, then the owner is of course going to try and charge the full amount for the commodity that he feels it is worth.

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