According to Marx there are always two things going on simultaneously in the capitalist mode of production. There are three different duality components. The first component, the duality of use value and value is where the rest of the components derive from. Use value is the intrinsic component to a commodity that it has been predisposed to. It is a qualitative value because it consists of the specific qualities that the commodity has and since each commodity has different use-values one use-value cannot be like the other. It is defined by itself and can explain itself. Value on the other hand, is the form of appearance of exchange value. Exchange value is the quantitative amount that one commodity can exchange for another. By stating that
…show more content…
The use-value duality and concrete labor is correspondent to simple circulation. In simple circulation everyone is simultaneously the buyer and the seller. The first person starts out with a commodity and uses money to exchange, in order to obtain another commodity for it 's specific use value. The formula in this case is C1-M-C2. The purpose of this circulation is to obtain a commodity to satisfy a want or need and money is just a mechanism to achieve that. This process will continue on and on as another person exchanges a commodity for another. But each time this happens there is equal exchange. Simple circulation therefore is limited, because it is specific to the use-value, which only serves one purpose and can only be realized in the household when it is …show more content…
The inequality stems from labor power as a commodity. This is because as the laborers exchange their labor power for wages, the labor they are producing in turn produces more value to the commodity or surplus value, which is the ultimate purpose of the Capitalist. But the commodity is not theirs, thus, the surplus value that the worker creates goes unpaid but the capitalist still gets to keep it. This puts the laborers at a disadvantage. The contradiction of use-value and value is reflected through the laborer and the capitalist. While it may seem that everyone is in a system of equal exchange that is not the case. Use-value is limited and is equal in exchange but value is not, laborers are at the disadvantage and the capitalist will obtain the benefits of the their labor through surplus
The use-value duality and concrete labor is correspondent to simple circulation. In simple circulation everyone is simultaneously the buyer and the seller. The first person starts out with a commodity and uses money to exchange, in order to obtain another commodity for it 's specific use value. The formula in this case is C1-M-C2. The purpose of this circulation is to obtain a commodity to satisfy a want or need and money is just a mechanism to achieve that. This process will continue on and on as another person exchanges a commodity for another. But each time this happens there is equal exchange. Simple circulation therefore is limited, because it is specific to the use-value, which only serves one purpose and can only be realized in the household when it is …show more content…
The inequality stems from labor power as a commodity. This is because as the laborers exchange their labor power for wages, the labor they are producing in turn produces more value to the commodity or surplus value, which is the ultimate purpose of the Capitalist. But the commodity is not theirs, thus, the surplus value that the worker creates goes unpaid but the capitalist still gets to keep it. This puts the laborers at a disadvantage. The contradiction of use-value and value is reflected through the laborer and the capitalist. While it may seem that everyone is in a system of equal exchange that is not the case. Use-value is limited and is equal in exchange but value is not, laborers are at the disadvantage and the capitalist will obtain the benefits of the their labor through surplus