“.. [H]ow wretched, how shadowy and flighty, how aimless and arbitrary, the human intellect appears in nature.” –Frederich Nietzsche
Giving an Economic Value to the “ housewife” in Society driven by Capitalism
The illusion of the perfect housewife is one that is not displayed in modern…
“Every owner of a commodity wishes to part with it in exchange only for those commodities whose use-value satisfies some…
The rich get richer and the poor stay poorer is a known phrase that is thrown around in the media…
How did we go from the idea that we need to satisfy our needs, to the ideas about capitalism and currency that Karl Marx so eloquently described in the exchange? we’ve moved away from our roots and have somehow arbitrarily assigned value to certain “commodities” that can be deemed…
Drawing on Karl Marx’s exchange section of Capital, he develops a framework to understand commodities — their use and exchange values — and the economic relations between them that develop through capitalism. The value of a commodity is determined by the utility value of said…