CMNS 323W Lecture Notes - Lecture 3: Commodification, Free Market

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Value comes from the function of the product. The amount of labour embedded to the product gives the exchange value. The value of the product consists of labour when it"s at the exchange value level. And when two goods are exchanged with exchange value, the two types of labour are being exchanged. Social condition where a process of giving meaning to things is now organized according to commerce. The form - that is where the logic of promotional culture reproduces.

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