Last Updated:2022/12/23
It is with the help of the commodity concept that the mechanism of the market is geared to the various elements of industrial life. Commodities are here empirically defined as objects produced for sale on the market; […]. But labor, land, and money are obviously not commodities; the postulate that anything that is bought and sold must have been produced for sale is emphatically untrue in regard to them.
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It
is
with
the
help
of
the
commodity
concept
that
the
mechanism
of
the
market
is
geared
to
the
various
elements
of
industrial
life.
Commodities
are
here
empirically
defined
as
objects
produced
for
sale
on
the
market;
[…].
But
labor,
land,
and
money
are
obviously
not
commodities;
the
postulate
that
anything
that
is
bought
and
sold
must
have
been
produced
for
sale
is
emphatically
untrue
in
regard
to
them.