Learn more about philosophy with this collection
How to adapt to different speaking situations
How to engage with an audience
How to use body language effectively
Use-value
Use-value of a commodity is the aspect of a thing that satisfies human needs.
It makes no difference what the nature of the need is or how the commodity satisfies it.
A thing can also be useful in more than one way, depending on what is known about it.
Use-values constitute the material content of wealth.
8
43 reads
MORE IDEAS ON THIS
The wealth of societies in which the capitalist mode of production prevails appears as an 'immense collection of commodities'; the individual commodity appears as its elementary form
KARL MARX
8
70 reads
Exchange-value
Exchange-value appears as the proportion in which a use-value of one kind is exchanged for a use-value of another kind, e.g. a certain quantity of wheat for a certain quantity of iron.
8
42 reads
CURATED FROM
IDEAS CURATED BY
Learn about the two aspects of commodities.
“
Related collections
Other curated ideas on this topic:
The Value Fulfillment Theory: Values Are Personal
The Value Fulfillment theory assumes that most people have different values, but are the same at a universal level. Human nature can be simplified by taking the most common values and perspectives on what a good life should be.
Individuals struggle, and through their perso...
The value of NFTs
NFTs have no physical or tangible value. The technology of NFTs codifies and enforces a metric of scarcity on a digital file.
- Functional value (What can I use this for?)**:** Most of the discussion around NFTs is about how you will use the ...
The value of gold
Some people think that gold has no intrinsic value and that gold's only worth is as a material to make jewellery. Others assert that gold is an asset with various intrinsic qualities that make it unique for investors to gather in their portfolios.
- Mo...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates