📓 marxs-theroy-of-value-is-a-monetary-one.md by @ryan

Marx’s theroy of value is a monetary one

tags : [[Marx]] [[value]] [[money]]

When Marx talks about “value”, i.e. [[exchange value]], Marx must be referring to money itself. Exchange value is not trans-historical, and one of the key features of capitalism [[is the fact that it can turn money into more money]].