commodity

Discussion Post: The Commodity in Capitalism/yt6d

Discussion Post: The Commodity in Capitalism Marx and Engels (1908) argue that commodities are fundamental to capitalism. They form the basis of capitalist production and exchange. The value of a commodity is determined by the socially necessary labor time required for its production. This concept is central to understanding how capitalism functions. This labor theory […]

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Date: February 3rd, 2025

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