Saturday, September 01, 2012

I'm Happy to See You and Yeah That's a Gun in My Pocket Guide to Marxism

First of a series

Commodity fetishism, description: powers that are derived from the relations of labor are attributed to the products of that labor rather than the classes that determine and are determined by the conditions under which that labor is undertaken.

Commodity fetishism, example: The commodity embodies "wealth." What is wealth? Marx defines its as the disposition over time. The commodity, the exchange of commodities, now appears to dictate the distribution, allocation, of time. That is the fetish. In reality, the organization of labor as a commodity means the time is lost to the producers and reappears as a means of subsistence that requires the reproduction of that sacrifice of time.

copyright S. Artesian, but feel free to reproduce at will citing the source.  

September 1, 2012