- Capitalism and Alternatives -
In Reply to: Why we distinguish exchange from other uses posted by Samuel Day Fassbinder on November 04, 1999 at 18:57:41:
: 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".