About This Book
The author analyzes the foundations of bourgeois political economy by dissecting the commodity and the money form, treating commodities’ dual character as use-value and exchange-value and identifying labor-time as their common substance. He develops how money emerges as the universal equivalent, detailing physical qualities required for a universal medium—divisibility, homogeneity, uniformity, and durability—and critiques earlier value theories. An introductory section frames the inquiry in a materialist account of social development and outlines a broader program to examine capital, landed property, wage labor, the state, foreign trade, and the world market.
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