Marx, Capital, Volume 1, Chapter 1, Section 3: The Value-form, or Exchange-Value: Subsection2: The total or expanded or form of value: Part 3, Defects of the total or expanded form of value

I have created a set of flashcards for that part of the third section of chapter 1 of Marx’s Capital, volume 1, Section 3: The Value-form, or Exchange-Value, Subsection 2: The Total or Expanded Form of Value: Part  3, Defects of the total or expanded form of value (see https://quizlet.com/gt/1056758024/flash-cards/?funnelUUID=a120c121-9b31-4d2b-a3cf-08a07d17be99).

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:

The expanded form of value has three defects: First defect:

1. The material forms in which the value of the same commodity in the relative form is expressed is always incomplete since n____ m________ f_________are produced.

incomplete; new material forms

2. The expanded form of value has the advantage of making it easier to grasp that the value of a commodity is/is not identical with any particular use-value or material form of the equivalent, but this advantage is also a drawback: the expanded form lacks a s______ and u_________ form of appearance for the g_________ character of value—that is, for abstract labour as equal human labour.

is not; single; unified; general

3. In this form, the same commodity can be expressed in relation to an unlimited series of other commodities, each of which serves as its e________, but to adequately express the g_______nature of value, what is required is not the endless multiplication of relative expressions but rather the exclusion of particular, different material forms or use values from the relative/equivalent form.

unlimited series; equivalent; general; exclusion; different; equivalent

Second defect

4. The second defect is that the expanded form of value expresses the same value through many d_________ and mutually e________ use-values, without any one of them serving as a u________ or general equivalent.

different; exclusive; unified

5. As a result of the second defect, the common nature of value—abstract labour—has no s________, c__________ form of appearance.

single; coherent

6. This defect can be expressed logically in terms of the logical operator “____”: the value of the commodity in the relative form is expressed either in this commodity, or that commodity, or in another commodity, etc.

or

Third defect

7. Every commodity in the relative form of value will at any moment be expressed d_________ from e_______ other commodity in the relative form of value.

differently; every

8. The e______________ form of value shares certain defects with the expanded relative value form of value.

equivalent

9. The equivalent form of the expanded form is l_______ since there are m_______other forms of appearance of the same value.

limited; many

10. Any/No particular equivalent can exclude the others from r___________ value.

No; representing

11. Since no other particular equivalent can exclude the others from representing value, every particular equivalent fails to represent equal, general or a________ labour.

fails; abstract

12. Just as the value of the commodity in the relative form expresses itself in many particular equivalents, so too does the concrete labours that produce the equivalents only express particular/general manifestations of value and therefore f____ to represent value as such in a u______manner.

particular; fail; unified

13. The totality of useful, concrete labours that produce the equivalents do constitute the complete manifestation of human labour at any particular time (abstracting from the possibility of new concrete forms of labour producing new particular equivalents over time), but the totality of labours still remains only an i_______ u______w_____ rather than o___ r____unified whole e________ since the concrete labours do not form one h___________ whole but are s________from each other.

implicitly unified whole; one real; explicitly; homogenous; separate

14. The transition to the general form of value involves the r________ of the o_______ of the expression of the value of the expanded relative form of value: instead of the same commodity expressing its value relatively in many other equivalent forms, the m______ commodities express their relative values in the same one commodity, or in the same relative/equivalent form.

reversal; order; many; equivalent

 

 

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.