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Some notes on value and crisis

On the newly created demonetization.it mailing list (see demonetize.it), a hot debate on money and value started. As it went along, I thought it would be helpful to differentiate separate notions of value. This might refine our understanding of both the crisis and the way out of it: demonetization. The linguistic field of value as it appears in everyday language could be differentiated into four distinct concepts which are interrelated:

1. value
2. exchange value
3. use value
4. price

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Kategorien: English, Theorie

1. März 2011, 08:29 Uhr   4 Kommentare