The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-12-09
| Workers Communist Party
Questions for Fourth Lesson in Capital
pages 81 to 90; The Fetishsm of Commodities to the
End Of Chapter -

expression which value receives when
the commodity is brought into the
exchange relation with a commodity
of another kind.
z. The elementary form Of value
ESQ much of commodity A being equal
to so much of commodity b brings
forth the commodity A only as a use
value, the value of which it is sought
to express for purpose of exchange,
while commodity B is brought forth,
not as a use-value but merely as the
bodily form which expresses the value
of A.
5. The expanded relative form of
value, is that in which single com
modify expresses its value in terms Of
a series of other commodities.
3. The expanded relative form of
value is defective because it is in
complete and can only be fully ex-
pressed by naming every other exist
ing commodity; because it consists
of disparate and independent express
sions of value; and because each com
modify must in turn, under this form,
go thru its own series, different in
every case, and consisting of an in
terminable series.
10. The general form of value is
arrived at by reversing the series of
the expanded relative form, SO that
the commodity in the expanded rela-
tive form becomes the equivalent
form of value for the series of
commodities. Under the general form
J of value all commodities now ex-
press their value in an elementary
form, because in a single commodity;
with unity, because in one and the
same commodity.
IL. The elementary form of value
occurs practically only in the first
beginning, when the products of la
Dor are converted into commodities by
accidental and occasional exchanges.
The expanded form distinguishes more
adequately the use-value from the
value; it comes into actual existence
so soon as particular product of la
Dor is habitually exchanged for other
lSOuAAAOulliCos nC 6CACl al lOl III VI
value expresses the whole world of
commodities in terms of a single COM
modify set aside for that purpose, and
are for the first time effectively
brought into relation with one an
other as values.
u. A commodity can become a
general expression of value inasmuch
as all other commodities make it the
material in which they uniformly ex-
press their value.
Il 49,, The universal equivalent is a
form of value in general, form which
can be assumed by any commodity, be-
cause and insofar as it has been ex-
cluded from the rest of all other com
modities, and has been set over
against them as their equivalent; only
from the time this exclusion becomes
finally restricted to one commodity
does the general form of value obtain
general social validity.
IA. The commodity which becomes
La universal equivalent is excluded
from the relative value form, because
its value cannot be expressed in terms
of itself. The universal equivalent
has become the measure of values and
therefore its value cannot be meas
ured.
Is. The money form of value is
that in which the universal equivalent
has, by social custom, become finally
identified with the substance, gold.
16. The difference between the gen.
eral and the money form of value lies
only in the specific form which the
universal equivalent takes; in the
general form, any certain commodity
may be the equivalent-in the money
form it is the particular commodity