Abstract
The process is thus simply that the product becomes a commodity, that is, a pure element of exchange. Commodities are converted into exchange value. So that it can be identified as exchange value, it is exchanged for a symbol, which represents it as exchange value properly so called. In this symbolic form it can again be exchanged, under certain conditions, for any other goods. When the product becomes a commodity, and the commodity becomes exchange value, it possesses (ideally at first) a double existence. This ideal dual identity necessarily means that the commodity appears in a dual form when actually exchanged: as a natural product on the one hand, as an exchange value on the other. In other words, its exchange value has a material existence, apart from the product.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
