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Commodity Value

The undifferentiated human labor in general congealed in commodities, i.e., the expenditure of human mental and physical powers. Marx pointed out: “If we then disregard the use-value of commodities, they have only one property left, that of being products of labor.” The labor mentioned here does not refer to the concrete labor with various useful characteristics embodied in the products of labor but to the human labor common to them, i.e., abstract human labor…

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