1. The Theory Of Money And The Theory Of Value
... notion of the value of money as the value (or price of production) of the money commodity. It is because the money commodity is itself a value, Marx argues, that it can perform the function of measuring the value of other commodities. How can these two conceptions of the value of money be reconciled? What social institutions mediate between them? Marx's discussion of this issue in the second chapter of the Contribution suggests that the value of money depends ultimately on the conditions of exchange ... what processes govern the motion of the value of money itself. The answer to these q...
- Word Count: 5092
- Approx Pages: 20
- Grade Level: Undergraduate