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Commodity, Use and Sentimental Value
Manage episode 231686183 series 2502413
Commodity value is the most beautiful and metaphysical product of the capitalist market and our imagination. Few things could be more supernatural than this value; it makes a pound of gold appear ‘naturally’ more valuable than a pound of steel. And the day gold stops appearing naturally more valuable (that is, the day commodity value disappears) is the day capitalism dies.
Copyright 2013 Nicholas Herriman / La Trobe University, all rights reserved. Please contact for permissions.
26 episodes
Manage episode 231686183 series 2502413
Commodity value is the most beautiful and metaphysical product of the capitalist market and our imagination. Few things could be more supernatural than this value; it makes a pound of gold appear ‘naturally’ more valuable than a pound of steel. And the day gold stops appearing naturally more valuable (that is, the day commodity value disappears) is the day capitalism dies.
Copyright 2013 Nicholas Herriman / La Trobe University, all rights reserved. Please contact for permissions.
26 episodes
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