In this regard one works for another that is labour works in the production of a commodity which in return is used by another men, according to Karl Marx this can be regarded as Social form. Labour power consists of the use of human brain, activities, muscles, nerves etc. The Equivalent form can be expressed when two commodities of the same kind or type, but of different magnitude are made equal or equivalent, so that they can be exchanged from each other.Ĭommodity, as a whole emerges as a very basic thing, which is capable of satisfying human wants and is responsible of mere use value but apart from the use value there appears a mystical character of commodities, which therefore, is hidden in the labour power which is responsible for the production of a commodity. The Relative (relativity) form can only be expressed in the presence of other commodity that is the magnitude difference and relation between two commodities. To express the value of commodity, there are two forms, Relative form and Equivalent form.
The two fold character of labour accounts for 1)character of human labour power which creates value of commodities, 2) character of human labour power which is concrete, useful,productive and creates use value of commodities. This is called productive activity, where there is expenditure of human labour power, and labour is capable of working in multiplicity modes. Two Commodities are different from each other in terms of their value, also in quantitative terms, but The same individual puts in effort of doing two different forms of labour and is capable of producing two different products and performing two forms of labour which are different qualitatively. According to Karl Marx, there are variations in commodities and their values, so does their labour, different kinds of labour produce different kinds of commodities which are different from each other, hence Marx termed this as division of labour. Karl Marx was the first person to point out the two fold nature of labour which is incorporated in commodities.
Capital: Critique of Political Economy: Book by Karl Marx
0 kommentar(er)
