CMNS 1115 Lecture Notes - Lecture 1: Commodity Fetishism, Social Relation

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Published on 14 Apr 2013
School
Langara College
Department
Communications
Course
CMNS 1115
Professor
May 17/2012
Commodity form, Karl Masx on Commodity, Commodity
Fetishism
Commodity form, Karl Masx on Commodity
Historical content
o Commodities are specific to Capitalism
o Markets
o Exchange value
Use Value
The utility of an object
o Intrinsic to the physical or natural properties of the object but contingent
upon historical factors
o Exists independently of the amount of labour expanded in the production
of the community
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Document Summary

Historical content: commodities are specific to capitalism, markets, exchange value. The utility of an object: intrinsic to the physical or natural properties of the object but contingent upon historical factors, exists independently of the amount of labour expanded in the production of the community. Specific only to commodities is not determined by its utilities on how awesome it is: the quality is determined by its relation to other commodity, the quantity. Results in an equivalence or equality between all commodities. These must be a social division of labour in order to produce commodities: use-values cannot be exchanged as commodities unless the labour embodied in them is qualitatively different in each of them. The value of a commodity has a purely social reality: because it embodies human/social labour, can only be expressed in the social relation of commodity to commodity. Value is material: embedded in useful objects, it is discursive in that, expresses social relations.

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