2018年6月1日 · "A commodity is, in the first place, a thing that satisfies a human want; in the second place, it is a thing that can be exchanged for another thing. The utility of a thing makes is a use-value. Exchange-value (or, simply, value), is first of all the ratio, the proportion, in which a certain number of use-values of one kind can be exchanged for ...

2020年3月27日 · Commodity production is the production of a use-value specifically for the purpose of exchange. There is nothing inherently wrong, bad, or unstable about this, and commodity production to some level has existed since the earliest human civilizations and will almost certainly continue into future ones (communism included).

2020年8月17日 · In short, commodity fetishism can be defined as when the commodity form appears to be a socio-natural property of things and it’s not thought by the everyday, spontaneous consciousness, subject to ideology, that this is a result of peculiar behaviour of humans wherein they relate privately expended acts of labour to the total labour of ...

2020年7月14日 · "Commodity fetishism" is a concept discussed by Marx in the early chapters of Capital, Vol I. It involves the filtering of all human social relations through the lens of commodity exchange. For example, an election propaganda poster using a sack of cash or gold coins, or stocked shelves in a supermarket to represent social prosperity.

Value, in turn, does not simply express the labour-time actually embodied in the commodity (either individually or on average), but the socially-necessary labour-time, the portion of the total labour-time of the society allocated to that commodity, the labour-time of the individual producer in relation to the labour-time of society as a whole ...

2024年4月9日 · A commodity is a very generic term. In the simplest form, a commodity is just "goods" usually physical. The term is also used to mean something that can be bought and sold and is relatively generic. Wheat is a commodity whereas a custom supercomputer is likely not. A security is a financial instrument like a share.

2020年10月14日 · The main question Marx's section on commodity fetishism revolves around is the issue of why commodities must take on the value-form, meaning, why the value of commodities must be expressed through (socially necessary) labor. Commodity exchange is central to answering this question.

2024年3月4日 · But I don't see those qualities as inherently vapid, soporific or fascist. There seems to be a presupposition that this sort of culture is inherently alienating. I don't think commodity culture is inherently less able to criticize modern society or less able to connect. I doubt commodity culture is inherently radical though.

2022年10月8日 · A commodity has a use value and an exchange value. Gold, in the form of currency, has no use value. It exists only to be exchanged. Without use value it doesn't fulfill Marx's definition of commodity, so, commodity fetishism doesn't apply. There's some "alienation" involved here though, which is definitely related.

2020年1月31日 · There can be a lot to learn about hedging and there is definitely an art to doing it most effectively. I'm a series 3 licensed commodity broker/market strategist and my team does a lot of work with both producers and consumers looking to hedge. I'd be happy to share our hedging guides with you if your looking to learn more.