Marx, Capital, Volume 1, Chapter 1, Section 3: The Value-form, or Exchange-Value, Subsection 1: The Simple Form of Value: Part 1, The two poles: 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/1128640083/marx-capital-volume-1-chapter-1-section-3-the-value-form-or-exchange-value-subsection-1-the-simple-form-of-value-part-1-the-two-poles-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. Marx calls the first or simplest form of the value relation the s_____, i________ or a______________ form of value.

simple; isolated; accidental

2. The simple form of value can be expressed as x commodity A=y commodity B, where x and y are the q__________ of commodity A and commodity B, respectively, and A and B refer to the specific kind of use values (q__________ difference).

quantities; qualitative

3. Concretely, the simple form of value has the form of 20 yards or meters of l_____ (or another specific commodity with a definite quantity of use value)= (or are worth) 1 c____ (or another specific commodity with a definite quantity of use value).

linen; coat

4. The expression of the value of a commodty has two poles: the r________ form of value and the e__________ form.

relative; equivalent

5. The relative value form, such as the linen, e___________ its value in the equivalent form, such as the coat.

active; passive

6. The relative and equivalent forms of value, like the poles of a magnet, exist only if b______ exist–they are i__________.

both; inseparable

7. Because the relative and equivalent forms of value are inseparble, they mutually c__________ or affect each other.

condition

8. While the relative and equivalent forms of value are inseparable and mutually condition each other, they also exclude/include each other; the same commodity can/cannot be simultaneously both in the relative and equivalent forms of value.

exclude; cannot

9. Linen, considered solely as a use-value (and this applies to any commodity taken only as use-value), cannot express its own value. In its n_______form, linen does not express either the s______ character of labour or the e_______ of human labour; it is simply a useful object. Its value can only be expressed through its r________ to another commodity.

natural; social; equality; relation

10. The commodity which expresses its value in another commodity is in the relative/equivalent form of value.

relative

11. The commodity in which another commodity expresses its value is in the relative/equivalent form.

equivalent

12. If two commodities are brought into an exchange relation with each other, they simultaneously split up into one of the two forms, the relative form of value and the equivalent form of value, but if one is in the equivalent form of value, then the other is in the ______________ form of value.

relative

13. If two commodities are brought into an exchange relation with each other, they simultaneously split up into one of the two forms, the relative form of value and the equivalent form of value, but if one is in the relative form of value, then the other is in the ______________ form of value.

equivalent

14. Does the equivalent form of value express its value?

No

15. If the coat expresses its value in the linen, then instead of being in the equivalent form, it becomes the __________ form of value.

relative


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