Description
Excerpt from Summary of Marx'' Capital
In the course of time use-values are not bnly appropriated from Nature but are created by man. These latter, therefore, become labor pro ducts, as well as being use-values. When man takes to a pastoral life, and then to agricultural pursuits, we have an interchange of sanctions products, which creates barter. The benefits ac erning from the exchange of these articles arr recognized as being so great that there come a time when products are specially created for the purpose of exchange. It is natural that if a community grows things for its own consumptif and also for the purpose of exchange it shes invent a term to distinguish the latter. We mig'': call them either exchange or market products but society has determined in the name of its economists to call them commodities. It will help ''na if we are careful in noting how the distinction arises between one form of wealth and that of an other, and the reason why. For instance, why does a labor product become a commodity?-todenote a given usage to which a labor product is put, namely, that of being placed on the market for the purpose of exchange instead of being used for home consumption in the ordinary way. Usage. Then. By means of exchange, converts n labor product into a commodity. And usage likewise per forms the same office for the commodity by chang ing it into money. Money.
We come to the next development in the form of wealth - that of money.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
In the course of time use-values are not bnly appropriated from Nature but are created by man. These latter, therefore, become labor pro ducts, as well as being use-values. When man takes to a pastoral life, and then to agricultural pursuits, we have an interchange of sanctions products, which creates barter. The benefits ac erning from the exchange of these articles arr recognized as being so great that there come a time when products are specially created for the purpose of exchange. It is natural that if a community grows things for its own consumptif and also for the purpose of exchange it shes invent a term to distinguish the latter. We mig'': call them either exchange or market products but society has determined in the name of its economists to call them commodities. It will help ''na if we are careful in noting how the distinction arises between one form of wealth and that of an other, and the reason why. For instance, why does a labor product become a commodity?-todenote a given usage to which a labor product is put, namely, that of being placed on the market for the purpose of exchange instead of being used for home consumption in the ordinary way. Usage. Then. By means of exchange, converts n labor product into a commodity. And usage likewise per forms the same office for the commodity by chang ing it into money. Money.
We come to the next development in the form of wealth - that of money.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Details
Publisher - Forgotten Books
Language - English
Hardback
Contributors
Author
A. P. Hazell
Published Date -
ISBN - 9780484417181
Dimensions - 22.9 x 15.2 x 0.2 cm
Page Count - 38
Paperback
Contributors
Author
A. P. Hazell
Published Date -
ISBN - 9780282543266
Dimensions - 22.9 x 15.2 x 0.2 cm
Page Count - 40
Payment & Security
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.