Marx 1.1-1.2 Class Notes
Marx 1.1-1.2 Class Notes MGT 248
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This 2 page Bundle was uploaded by Shannon Panagopoulos on Monday October 12, 2015. The Bundle belongs to MGT 248 at DePaul University taught by Daniel Pepe in Summer 2015. Since its upload, it has received 78 views. For similar materials see business ethics in Ethics at DePaul University.
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Date Created: 10/12/15
101215 Class Notes Marx Capital Volume ch 1113 Das Kapital quotCapitalquot 1867 1St edition 1873 2nCI edition freedom cannot be like Smith39s notion of abstract rights and autonomy eiminate social contract theory state of nature materia equality concrete equality doesn39t mean everyone has the same things etc by material equality he means freedom as freedom from domination and exploitation freedom of human being ought to be an ethical caim concrete claim about how we should form our social relations Immanent critique Marx39s l contrasts with transcendence aka second re ection The commodity Dual character Usevalue value exchangevalue Realized only in consumption the value of a commodity relative to other commodities Private consumption What do we mean by values Underlying value that allows for 2 different values use and exchange the commodity Usevaue5 amp exchange values Values concrete labor amp ab5tract labor Exchange Rea tive value amp Equivaent form M0ney X commodity A Y commodity B Relative value Equivalent value AA 1biron 5 lbs corn begin with usevalue use value has to do with the quality of the commodity exchange value has to do with quantity of commodity proportion of quantity of value between 2 commodities Abstract identity of value needs to be identical with the concrete relation of the 2 commodities abstract labor key to understanding money and how commodities can be exchanged socialy necessary labor time subsume to take under Phantom ghostly like objectivity term for abstract labor Abstract labor measure of value labortime
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