Ep. 360: Karl Marx on Economic Value (Part One)
The Partially Examined Life · Mark Linsenmayer
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Show Notes
On Capital (1867), Ch. 1, "The Commodity."
What makes something we buy or sell valuable? Marx says it's ultimately the labor that goes into it, though there are some wrinkles in formulating this accurately, and the commodities and surrounding marketplace activity blind us to labor's role and its ethical import.
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