- Capitalism and Alternatives -

Why we distinguish exchange from other uses

Posted by: Samuel Day Fassbinder ( Citizens for Mustard Greens, USA ) on November 04, 1999 at 18:57:41:

In Reply to: show use value to be quantifiable,objective & universal absolute posted by Gee on November 03, 1999 at 17:19:56:

: Their USE for the stuff is in order to realize a profit. The USE is not the increase in dollars, its the fact that having the stuff makes it possible to sell it for more dollars.

SDF: That's called EXCHANGE. The point in distinguishing exchange from other uses is to show that exchanges can produce calculations. It's also to understand exchange as an activity worth studying in itself, as exchange is in fact the primary activity of capitalist economics. That's why they are called stock exchanges, and not stock uses. Your use of the term "use-value" in regards to financial speculation can only be interpreted as trying to confound the distinction between "use-value" and "exchange-value".

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  • thanks Gee si November 05 1999 (0)

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