Marx, Capital, Volume 1, Chapter 1, Section 3: The Value-form, or Exchange-Value: Preliminaries: Flashcards on Quizlet and in this Post

I have created a set of flashcards for the preliminary part of the third section of chapter one of Marx’s Capital (see https://quizlet.com/ca/1128667331/marx-capital-volume-1-chapter-1-section-3-the-value-form-or-exchange-value-part-1-preliminaries-flash-cards/).

There are also previous flashcards for the earlier section of chapter 1 on that site (as well as on this blog).

Here is a copy of the flashcards:

1. The immediate or natural form of the commodity is its u_____________.

use-value

2. The form of use-value permits the commodity to f__________ in a certain way–in this case, to be useful or to be used.

function

3. The commodity has a double or dual nature, and therefore it has a double or dual f___________.

form (could also be function)

4. The appearance of commodities (and not just use-values) requires two forms and not just one since they have a d_______ nature.

dual (or double)

5. The natural form of the commodity cannot express the nature of value since the nature of value is immediately n____________: its substance, abstract labour, is/is not not social labour as it is being performed.

negative; is not

6. Since abstract labour is not only i___________ to the form in which it occurs (it can assume many forms and still remain human labour), but also is/is not social labour as it is being performed concretely, the i___________ form of use value does/does not express the nature of abstract labour and value.

indifferent; is not; immediate; does not

7. The concrete material labour process produces, objectively, a use value, but the o____________ of value as a c____________ or attribute of the commodity is/is not due to this concrete material labour process and its elements.

objectivity; characteristic; is not

8. As an immediately produced use value, it is possible/impossible to understand the commodity as a value.

impossible

9. Since commodities possess value (a product of abstract or equal human labour) due to the negative (p________ or i________) performance of concrete labour, the objectivity of value as potentially social labour can be expressed in the r________ of one c__________ to another–in the social relation, not of commodity producers to each other d________, but in the s_______ relation of commodities to each other.

private; independent; relation; commodity; directly; social

10. The concrete labour process that produces use values must somehow produce the conditions for that concrete labour process to continue to exist; otherwise, the society ceases to exist. That need does/does not depend on the intentions or wills of the producers since it is a n__________ necessity.

does not; natural

11. In a society where production is largely commodity production, the need for labour that is not social labour while the concrete labour process is being performed to have its value expressed in another commodity is dependent on/independent of the will of the owners of commodities and their specific desires.

independent of

12, The movement of analysis since the first two sections has been from a consideration of the e_________ value of commodities, to their v______, and now the move will return to e__________ value

exchange; value; exchange

13. The objectivity of commodities as values is due to the concrete labour process being/not being simultaneously a c_________ social process of production, connected to other forms of labour by the w_________ themselves.

values; not being; consciously; workers

14. The objectivity of the value of commodities as products of abstract or equal human labour is due to a n______ s______ relation and not due to any physical, chemical or geometric relation.

negative; social

15. Not an atom of m________ enters into the commodity as value.

matter

16. If social labour were performed simultaneously with concrete labour, would the result be a commodity with value? Explain.

No–the commodity would actually be a social product as a result and not possess the potential property of social labour.

17. Since the value of a commodity as the product of abstract or equal human labour is due to a n_______ social relation, this negative social relation finds expression, n____directly in the relations of workers to each other, but only in the r_________ of commodities to each other as entities endowed with p_________ equal s_______ labour.

negative; not; relation; potentially; social

18. What is the common value-form that commodities have that contrasts sharply from the form of their use-values?

Money-form

19. Has bourgeois economics ever attempted to determine how the expression of the value of commodities develops into the money-form?

No.

20. Given that bourgeois economics has never attempted to determine how the expression of the value of commodities developes into the money-form, Marxian economics, although it s______ some aspects with bourgeois economics (such as the R_________ labour theory of value), is quite d_______ from it.

shares; Ricardian; distinct

21. The value r________of commodities contains a value e_________, or an expression of the v________ of commodities.

relation; expression; value

22. The d_____________ of the expression of value that is contained in the value relation at first takes as its point of departure the s________ form of the expression of value.

development; simplest

23. To begin with the simplest form of the expression of value presupposes that the researcher has/has not determined what is the simplest form of the expression of value

has determined;

24. Beginning with the simplest form of something from the point of view of the r_______ involves, for the r__________, a c__________ after a process of investigation.

reader; researcher; conclusion

25. Once the the value expression contained in the value relation between commodities is d_________ to the money-form, then the m_________ of money will have been solved.

developed; mystery

26. The purpose of the exposition of the value form is, at least in part, to r________the nature of money.

reveal

27. The simplest value relation is the relation between one kind of commodity and another kind of a commodity of a d_______________ kind.

different

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