Saturday, August 30, 2008

Capital section 2

Section 2 The two fold characteristics of labor.
The labor which manifests itself to make a product a use value is useful labor.
Coats are not exchanged for coats a use value is not exchanged for another of the same kind.
Useful labor creates division of labor.
The division of labor is a necessary condition for the production of commodities.
In the use value of each commodity, there is useful labor contained.
Use value can not confront each other unless the useful labor is qualitatively different in them
Exercise with a definite aim.
Useful labor is a nature imposed necessity.
The use values are combination of two elements: Matter and Labor.
Labor is not the only source of Material wealth. Labor its father and the earth its mother.

THe useful character of labor is nothing but the expenditure of human labor power.
Different mode of expending human labor.
Different kinds of skilled labor are reduced to unskilled labor
Magnitude of value represents quantity of labor.

Need to be very intelligent to avoid telling Lies, actually. I did not reach that and no hope to even come close.

An increase in quantity of use values is an increase in material wealth.
Productivity and Time: the same quantity of labor will yield the same value but different quantity of use value.
No change in productivity affects the labor represented by value.
Labor is an expenditure of human labor power in abstract form creates value of commodities. On the other hand, it is a specific kind of human labor creates use values.

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