(The Artificial Fabrication of Arbitrary Value, Price, and Wage Across Post-Industrial, Post-Modern Capitalism)
According to Friedrich Engels, Anti-Duhring , “the only value known in economics is the value of commodities”. 1 Commodities are products produced, not for individual consumption by their producers, but products produced for general public consumption. The value of a commodity, according to Engels, is determined via comparison with other commodities, namely, “they can be…said to be equal or unequal [with other commodities], according to the quantity of [general human] labor embodied in each”. 2
As a result, for Engels, “social conditions remaining the same, two equal […]
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