
Karl Marx's "Capital" Vol. 1 (Part 1/4)
Theory & Philosophy
00:00
The Relationship Between Money and Money
The value of all things can be traced back to homogeneous, abstracted labor or socially necessary labor power. Money only works then in an imaginary or ideal capacity, because it doesn't have use. It is something that stands outside of real things, yet serves as the metric of the value of those things. A rise in value of money might be met with a rise or a fall in the price of commodities. Who knows. There are so many other factors that are going to play a part in this. And i recommend you, may get read their stuff. But i'd have done a few episodes on that if you want a shorter way to approach those texts.
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