commodities 1 of 2
to a different way of measuring the value of a commodity. Now we will look closer at each of these three dimensions, or values, to see what sort of secrets they conceal. Let’s start with the last one: consuming. Licking an ice cream cone, riding a bike, shooting a gun, watching TV- these are the ways we normally interact with commodities. They have value to us because we can use them. This is called “use value”. If we didn’t have a use for something, we wouldn’t buy it. And if no one had a …
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