Commodity (Marxism) - Wikipedia
In Marx's theory, a commodity is something that is bought and sold, or exchanged in a relationship of trade. [4] It has value, which represents a quantity of human labor. [5] Because it has value, implies that people try to economise its use. A commodity also has a use value [6] and an exchange value. [7]
Marx and the Idea of Commodity – Postcolonial Studies - Emory …
Jun 21, 2014 · Commodities, Marx begins his investigation of societies and their wealth with an analysis of commodities. As analysis will demonstrate, the idea of commodity itself becomes the framework through which the larger concept of capitalism may be accessed and understood.
The Commodity by Marx 1867 - Marxists Internet Archive
The wealth of societies in which a capitalistic mode of production prevails, appears as a ‘gigantic collection of commodities’ and the singular commodity appears as the elementary form of wealth. Our investigation begins accordingly with the analysis of the commodity.
Selected Works of Karl Marx: Commodity Fetishism - SparkNotes
Marx argues that this commodity fetishism allows capitalists to carry on with day-to-day affairs of a capitalist mode of production without having to confront the real implications of the system of exploitation on which they depend.
Economic Manuscripts: Capital Vol. I - Chapter One
A commodity is, in the first place, an object outside us, a thing that by its properties satisfies human wants of some sort or another. The nature of such wants, whether, for instance, they spring from the stomach or from fancy, makes no difference.
A commodity appears, at first sight, a very trivial thing, and easily understood. Its analysis shows that it is, in reality, a very queer thing, abounding in metaphysical subtleties and theological niceties.
Karl Marx - Stanford Encyclopedia of Philosophy
Aug 26, 2003 · In Marx’s analysis labour power is the only commodity which can produce more value than it is worth, and for this reason it is known as variable capital. Other commodities simply pass their value on to the finished commodities, but do not create any extra value.
Das Kapital Chapter 1, Section 1: The Commodity (Section one) - SparkNotes
A summary of Chapter 1, Section 1: The Commodity (Section one) in Karl Marx's Das Kapital. Learn exactly what happened in this chapter, scene, or section of Das Kapital and what it means. Perfect for acing essays, tests, and quizzes, as well as for writing lesson plans.
The Role and Place of ‘Commodity Fetishism’ in Marx’s ... - Brill
Dec 13, 2017 · This article offers a detailed critical reconstruction of Marx’s account of commodity fetishism which, broadly speaking, can be substantively located within this latter tradition that reads section 4 of Chapter 1 of Capital as a critical investigation of the social constitution of value-objectivity out of the social form of capitalist social rel...
Definition: Commodity - Purdue University College of Liberal Arts
The physical body of the commodity is made up of 1) the material provided by nature (e.g. linen, gold, etc.); and 2) the labor expended to create it (see Marx, Capital 133). Note that a commodity can refer to tangilble things as well as more ephemeral products (e.g. a lecture).