Skip to main content

Commodity Production

  • Chapter
Marx’s Capital

Part of the book series: Macmillan Studies in Economics ((MSE))

  • 35 Accesses

Abstract

In analysing a mode of production, for example capitalism, Marx’s starting point was always production. In any society the object of production is use-values, that is to say useful things. Thus the production of use-values can be taken for granted, just as production itself can be. In addition, at the first level of abstraction, Marx felt it unnecessary to explain the distribution of use-values in production, that is, the relative quantities of each product produced. This would depend upon a whole host of influences, for example ideology, technology, and the distribution of income, which could only be studied themselves after the basic relations of production had been uncovered. Contrast this with modern economics with its neutral government and given utility functions and factor endowments.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 74.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Author information

Authors and Affiliations

Authors

Copyright information

© 1975 Ben Fine

About this chapter

Cite this chapter

Fine, B. (1975). Commodity Production. In: Marx’s Capital. Macmillan Studies in Economics. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02485-8_3

Download citation

Publish with us

Policies and ethics