Post on 25-Feb-2016
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What is not meant by fetish:
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The table as use-value and as commodity
As a use-value, a table is simply a table: as a material object, it can be used for various purposes (to eat or write on, as firewood, etc.).
As a commodity, the table becomes «mysterious» …
… as soon as it emerges as a commodity, it changes into a thing which
transcends sensuousness. It not only stands with its feet on the ground, but, in relation to all other
commodities, it stands on its head … (p. 163)
The enigma of the commodity form
Whence, then, arises the enigmatic character of the product
of labour, as soon as it assumes the form of a commodity? Clearly,
it arises from this form itself.(p. 164)
The solution of the enigma ...
The mysterious character of the commodity-form
consists therefore simply in the fact that the commodity reflects the social characteristics of men’s own labour as […] the socio-natural properties
of these things.(pp. 164–65)
Private independent producers
I assume pants will sell
well.I hope that there will
not be too many tables on the market.
I suspect there is a great need
for chairs.
I am speculating that the market
needs tables.
I bet I can sell all of my
pants.
The total labour of societyThe private producers A, B, C, D, and E produce the products a, b, c, d, e, which are to be exchanged on the market as commodities.
e and d are not exchanged. The labour expended on them is not part of the total labour of society.
a, b and c are exchanged. The labour expended upon them becomes part of the total labour of society, and has the character of abstract labour.
The total labourof society
A
aB
bE e
d
D
c
C
Exchange on the market
Social relations between things – material relations between people
Agency and consciousness
… by equating their different products to each
other in exchange as values, they equate their different kinds of
labour as human labour. They do this without being aware of it.
(pp. 166–67)
Reification and naturalization
The chair has a value: always and everywhere.
=
Examples of naturalization
That which is only valid for this particular form of production appears «to those caught up in the relations of commodity production» (p. 167) as natural, trans-historical and final:
In every society Only in commodity production
>>>
Product of labourRelations between peopleConcrete useful labour
CommodityRelations between thingsAbstract human labour
… Things that control them …
Association of free men
What do we need?
Let’s get it organized!
And howmuch?
Who can and wants to do
something?
Critique of political economy I
As regards value in general, classical political
economy in fact nowhere distinguishes […] between labour as it appears in the
value of a product, and the same labour as it appears in the
product’s use-value.(p. 173, footnote 33)
Critique of political economy II
Political economy has indeed analysed value and its
magnitude, however incompletely, and has uncovered the content concealed within
these forms. But it has never once asked the question why this content has assumed that particular form …
(pp. 173–74)