SOCIOL 3AC Chapter 2: Marx (Week 2)
Document Summary
~ marx, karl. (cid:523)1(cid:890)(cid:888)(cid:889)(cid:524) 1(cid:891)(cid:889)(cid:890). (cid:498)fetishism of commodities(cid:499) (cid:523)from capital, vol. I) in the marx-engels reader (robert c. tucker, ed. ) Relationships and their meanings are expressed through market exchange (not relationships between people) Economic relationships among money and commodities are exchanged in market trade. Subjective, abstract aspects of economic value --> objective, real things that people believe to have intrinsic value. Failure to realize that: labor is an absolute, a fountain on which all capitalist production is built the labor that took to make the product is the most important commodity. An external object that satisfies a human need either directly or indirectly the end product. Once the object emerges as a commodity that has been assigned a monetary value for universal exchange. Object"s value comes from commodity and not the individual human labor required to produce the commodity. The price of the product becomes separated from the value of labor.
