Page 36: “Exchange-value, at first sight, presents itself as a quantitative relation, as the proportion in which values in use of one sort are exchanged for for those of another sort, a relation constantly changing with time and place.” Since I was just discussing this with Scott in the previous post, I’ll quote myself, so [...]
Part 1 is “Commodities and Money.” Chapter 1 is “Commodities.” Section 1: “The two factors of a commodity: use-value and value (the substance of value and the magnitude of value)” Page 35: “The wealth of those societies in which the capitalist mode of production prevails, presents itself as ‘an immense accumulation of commodities,’ it’s unit [...]
Volume 1 of Capital was first published in 1865. I am using the 1967 edition by International Publishers Co, Inc., including the changes made by Engels for the fourth edition, 1887. LofC# 67-19754, ISBN 0-7178-00170-2. Volume 1 is: “A critical analysis of capitalist production” The first requirement for human history is human beings. That is, [...]