Commodity Production

  • Ben Fine
Part of the Macmillan Studies in Economics book series (MSE)


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.


Modern Economic Capitalist Society Factor Endowment Price Theory Commodity Production 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Ben Fine 1975

Authors and Affiliations

  • Ben Fine
    • 1
  1. 1.Birkbeck CollegeUniversity of LondonUK

Personalised recommendations