Business, Management and Accounting
8 years ago

New Study Reveals Two Forms of Commodity Value Beyond Material Labor

Economic Survey
On the Two Existence of commodity Value
Gao Zhong-ting

Paper Summary

The article discusses how commodity value can exist in two forms: through tangible products created by labor, and through services provided by live labor. It argues that creating physical goods is not the only way to create value, as services also have value. This means that commodity value can be seen in both materialized labor and live labor.

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