Podcast
Questions and Answers
According to Marx, what is the objective and common measure of exchange value?
According to Marx, what is the objective and common measure of exchange value?
- The concept of value
- The commensurability of unlike things
- The amount of human labor involved in production (correct)
- The absence of any concept of value
What did Marx claim Aristotle's analysis lacked?
What did Marx claim Aristotle's analysis lacked?
- A concept of value (correct)
- An objective measure of exchange value
- A solution to the problem
- An understanding of commensurability
Why does Marx argue that unlike things cannot be commensurable?
Why does Marx argue that unlike things cannot be commensurable?
- The impossibility of measuring value
- The lack of human labor involved
- The absence of a common substance (correct)
- The difference in qualitative characteristics
According to Karl Marx, what problem did he claim to have solved in Capital?
According to Karl Marx, what problem did he claim to have solved in Capital?
What is one distributive principle not based on justice or property rights?
What is one distributive principle not based on justice or property rights?
According to Marx, what did Aristotle recognize about the value of commodities?
According to Marx, what did Aristotle recognize about the value of commodities?