In Karl Marx's critique of political economy, the value-form is the social form that wealth takes in a society where commodity exchange is the dominant mode of production. Marx's analysis of the value-form, primarily in the first chapter of Capital, Volume I, argues that the value of commodities is not an intrinsic or natural property but a historically specific social one that must necessarily be expressed in a particular form: first as exchange value and ultimately as money.
In Karl Marx's critique of political economy, the value-form is the social form that wealth takes in a society where commodity exchange is the dominant mode of production. Marx's analysis of the value-form, primarily in the first chapter of Capital, Volume I, argues that the value of commodities is not an intrinsic or natural property but a historically specific social one that must necessarily be expressed in a particular form: first as exchange value and ultimately as money.
Source: Wikipedia "Value-form" · CC BY-SA 4.0
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