Week 3. Rühle part 1 section 3 and parts 2 and 3; Marx, chapter 1 section 3 and chapters 2 and 3


1. Marx says that Aristotle came close to solving the riddle of value, but was prevented by 'the historical limitation of the society in which he lived'. What do you think Marx meant?
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2. List the forms of value that Marx analyses and give a short definition of each one.
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3. How does money represent labour?
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4. What's wrong with the usual economist's explanation of money as a mere convention to make exchange easier than it would be with pure barter?
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