commodities

Trade between us in commodities is far more balanced than we had thought.

Where are Canada and the U.S. Going? 1976

Species of Money than Gold (1691): “what we call commodities is nothing but land severed from the soil; man deals in nothing but earth.”

System der volkswirthschaft. English Wilhelm Roscher 1855

The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command.

A Bland and Deadly Courtesy skzbrust 2009

But the exchange of commodities is evidently an act characterized by a total abstraction from use-value.

A Bland and Deadly Courtesy skzbrust 2010

The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labor which it enables him to purchase or command.

A Bland and Deadly Courtesy skzbrust 2009

Section 2 is “The two-fold character of the labour embodied in commodities”

A Bland and Deadly Courtesy skzbrust 2010

The value of commodities is revealed by their relationship to other commodities.

skzbrust: Capital Volume 1 Part 1 Chapter 1 Section 3A2. skzbrust 2010

Hence exchange-value appears to be something accidental and purely relative, and consequently an intrisic value, ie, an exchange-value that is inseparably connected with, inherent in commodities, seems a contradiction in terms.

A Bland and Deadly Courtesy skzbrust 2010

The value of commodities is revealed by their relationship to other commodities.

A Bland and Deadly Courtesy skzbrust 2010

The value of commodities is the very opposite of the coarse materiality of their substance, not an atom of matter enters into its composition.

A Bland and Deadly Courtesy skzbrust 2010