Marx's Theory Of Money

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Issue:

Miscellaneous

 

Written by:

John B

 

Date added:

May 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

19 / 5097

 

Was viewed:

2043 times

 

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Essay content:

Each of these aggregations of commodities has a value, usually expressed as the equivalent of a certain amount of money, but it is clear that neither goods in process nor fixed capital is money. Marx views the value of commodities in this sense as analytically prior to money; money can be explained according to Marx only on the basis of an understanding of the value of commodities...
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Marx views the value of commodities in this sense as analytically prior to money; money can be explained according to Marx only on the basis of an understanding of the value of commodities. Marx follows Smith in regarding value as the property of exchangeability of commodities. In a society where exchange is common, products come to have a dual character as use values and as values...
displayed 300 characters

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