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https://vocal.media/authors/fallesen-burnett Bertram Schefold notes that in medieval Japan, the Empress Genmei simply decreed the introduction of minted coinage someday in 708 CE (the so-called wadōkaichin), to "lighten the burden of carrying round commodity equivalents" resembling arrowheads, rice and gold. So, the "money form of value" is just not the same as a "worth", in the first instance because the cash type of worth refers to an indeterminate variety of N commodities that are all equivalents for a given amount of money. If all commodities enhance or decrease in value by the same quantity, then their relative values all remain exactly the same. Since of them categorical a amount of cash, all costs belong to the identical object class (they're qualitatively the same, and differ only quantitatively, irrespective of the type of transaction with which they're related, or the valuation ideas used). It's an amorphous strong-a state someplace between these two states of matter. In 1951, Stalin settled the matter by affirming officially that commodity production and the law of value did exist underneath socialism, with the implication, that the planning authorities ought to account properly for true labour prices, as the basis for appropriate pricing of products, property and salaries. Costs don't necessarily have something to do with the production or consumption of tangible wealth, although they could facilitate claims to it. Marx describes capitalist society as "a society where the commodity-kind is the common form of the product of labour, hence the dominant social relation is the relation between people as possessors of commodities". However, there have been very prolonged tutorial debates about what Marx actually did imply particularly passages. The basic reason for that was, that each economists blended up "worth" with "exchange value" and with "value" (and also mixed up precise prices with theoretical prices). The explanation that a curved piece of paper does

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