Examples of using Value of a commodity in English and their translations into German
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Political
What constitutes the value of a commodity?
So what you have got here is something of this form, which then allows us to talk about the value of a commodity.
You will predict whether the value of a commodity with go up or down.
The value of a commodity is determined, in the phraseology of vulgar economics, by the cost of production.
The market rewards the capitalist who pushes the value of a commodity under the social norm.
But the value of a commodity represents human labour in the abstract, the expenditure of human labour in general.
For present-day society, this means the value of a commodity is determined by the wages contained in it.
The value of a commodity is determined by the total labor-time, whether past or living, incorporated in it.
The relation of price to value is complex but essentially the value of a commodity is a notional average around which its actual price fluctuates.
In Marx, the value of a commodity is defined as the socially necessary quantityof abstract labour spent in its production;
The derivative is a financial instrument that is"derived" from the price of other commodities, which by principle speculates with the possible,future value of a commodity.
Ricardo recognised that the magnitude of the value of a commodity was determined by the quantity of labour expended upon its production.
So while at certain times the first pull is stronger and the rate of profit rises, over the long run, the tendential fall of the rate of profitdominates, because there is no immanent limit to the degree in which the value of a commodity can fall, in which the production process can be run on past labor with ever less living labor;
We know, however, that the value of a commodity undergoes a modification as a result of the attempts to equalize the rate of profit.
If we compare these remarks by Marx in the Critique with those statements where he says that sociallabour assumes"the abstract form of universality" and that the value of a commodity assumes the form of a particular determined commodity, the form of money, then the close ideal relationship of these concepts becomes evident.
The lowest value of a commodity or financial asset within a certain, and usually standard, period of time: day, week, month, or year.
By his wrong analysis of prices, Smith upset the whole foundation of the scientific demonstration of the capitalist process as a whole. This wrong analysis of prices ruled bourgeois economics for a long time;it is the theory which maintains that, although the value of a commodity represents the amount of labour spent in its production, yet the price consists of three elements only: the wage of labour, the profit of capital, and the rent.
The plausible idea that the value of a commodity derives from its utility for the purchaser had also not been foreign to the classical economists.
But the value of a commodity is the sole cause of its price just as little as gravity is the sole determining cause of the phenomena of gravitation.
Marx's labour theory of value is that the value of a commodity is determined by the amount of socially necessary labour required for its production.
But the value of a commodity is determined, not only by the quantity of labour which the labourer directly bestows upon that commodity, but also by the labour contained in the means of production.
Price, like relative value in general, expresses the value of a commodity(e.g., a ton of iron), by stating that a given quantity of the equivalent(e.g., an ounce of gold).
The value of a commodity in capitalism thus becomes: c+v+s, in which c(constant capital) stands for the value of the past labor(machinery, infrastructure, raw materials) that is consumed in its production, v(variable capital) for the value of the new labor power that is used in its production, and s(surplus-value) for the snlt that labor power expended on its production minus the snlt needed to reproduce its own value v.
Not one that primarily has the value of a commodity, a business, a corporation in view, but rather the process and the speculation with the line itself.
Since the value of a commodity must be realized on the market, every commodity must find a buyer, so that in constantly changing forms-labor-time quantities can exchange against labortime quantities.
It might seem that if the value of a commodity is determined by the quantity of labour expended to produce it, it would be the more valuable the more unskilful and lazy the worker who produced it, because he would need more time to complete the article.
Some people might think that if the value of a commodity is determined by the quantity of labour spent on it, the more idle and unskilful the labourer, the more valuable would his commodity be, because more time would be required in its production.
Some people might think that if the value of a commodity is determined by the quantity of labour spent on it, the more idle and unskilful the labourer, the more valuable would his commodity be, because more time would be required in its production.
While we express the relative value of a commodity in the general equivalent, we cannot express the value of the general equivalent in a single commodity, because the general equivalent has, in fact, the social characteristic of being general and of being the equivalent.