
Lecture 1 - Capital as Value in Motion
Marx and Capital: The Concept, The Book, The History (audio)
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Value for Marks Is a Social Relationship
value is a very complicated idea in Marks, and therefore it's not something that I'm going to actually try to unravel at this point. Value for Marks is the social label we do for others has mediated through commodity production through price-fixing markets. So what Marks' doubts is to suggest that the rise of the money commodity parallels the transformation of all those multiple values into a single notion of value. The only way you can set up myriad exchanges between all sorts of different commodities is to have one commodity which becomes the measure of value across them.
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