SOC 3126 Lecture Notes - Lecture 4: Commodity Money, Social Relation, Class Consciousness
22 Oct 2018
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What is the commodity: a commodity is, in the rst place, an object outside of us, a thing by its properties satis es human wants of some sort or another. The nature of wants, whether for instance, they spring from the stomach or from fancy, makes no di erence : must be a product of labour. (human labour produces) commodity - money - commodity. Money is the mediator for the commodity. Commodity is the mediator of the money. Money makes money = money - money. As the use values, commodities are, above all, of di erent qualities, but as exchange values they are merely di erent quantities, and consequently do not contain an atom of use value. Value as produced through human labour is central to all human activity - commodity production is driven by abstraction of human labour in capitalism.
