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Karl Marx's Teachings And Capitalism
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Karl Marx: the political economist, revolutionary, and the philosopher, was one of the most influential thinkers of the nineteenth century. Few men have caused such heated debate, manifest through the continued arguments of pro and anticommunists, as he has done. Notwithstanding this element of ....
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....all, all we see on the shelves are commodities. According to our current standards, as we live in a capitalist economy, “. . . wealth [of our society] appears as an ‘immense collection of commodities’”. They are commodities because they satisfy our needs – necessary or otherwise. Commodities have a twofold nature, namely: their use-value (or substance of value) and exchange-value (or magnitude of value).
The utility or usefulness of an object, which is conditioned by its physical properti.... |
| Number of words: 6614 |
Approximate pages: 25 |
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