SOCI 330 Study Guide - Midterm Guide: Mikhail Bakunin, Human Capital, Geopolitics
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He is explaining the materialist conception of history. History is determined by modes of production so communism will change the material conditions of every person. Marx is an egalitarian and against individualism. (cid:498)a thing can be a use-value, without having value. This is the case whenever its utility to man is not due to labor. A thing can be useful, and the product of human labor, without being a commodity (cid:523) (cid:524). )n order to others, social use-values(cid:499) produce (a commodity), he must not only produce use-values, but use-values for. This is marx labor theory of exchange. The utility of a commodity gives it value, but it also has to be part of a social context. Through this context, the laborer sells his labor and this leads to his exploitation. Here, marx is discussing the value of exchange. state of things, would never return us what it would have cost us, even if we had.
