Ep. 360: Karl Marx on Economic Value (Part Two)
The Partially Examined Life Philosophy Podcast
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Exploring Economic Value: Use and Exchange
This chapter examines the intricacies of economic value, focusing on use value and exchange value within a barter economy. It highlights the challenges of establishing a universal value and explores the concept of an abstract value that can unify commodities. The discussion draws on Marx's theories to illustrate the relationship between labor and value, while questioning the nature of exchangeable commodities and their implications.
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