7 Quotes by Karl Marx about commodity
- Author Karl Marx
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What exclusively determines the magnitude of the value of any article is therefore the amount of labour socially necessary, or the labour-time socially necessary for its production.
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- Author Karl Marx
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A use-value, or useful article, therefore, has value only because abstract human labour is objectified or materialized in it. How, then, is the magnitude of value to be measured? By means of the quantity of the "value-forming substance", the labour, contained in the article. This quantity is measured by its duration, and the labour-time is itself measured on the particular scale of hours, days etc.
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- Author Karl Marx
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A use-value, or useful article, therefore, has value only because abstract human labour is objectified or materialized in it. How, then, is the magnitude of this value to be measured? By means of the quantity of the "value-forming substance", the labour, contained in the article. This quantity is measured by its duration, and the labour-time is itself measured on the particular scale of hours, days etc.
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- Author Karl Marx
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All commodities, as values, are realized human labours.
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- Author Karl Marx
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The values of commodities are directly as the times of labor employed in their production, and are inversely as the productive powers of the labor employed.
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- Author Karl Marx
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The circulation of commodities is the original precondition of the circulation of money.
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- Author Karl Marx
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There is a physical relation between physical things. But it is different with commodities.
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