“At any time, each owner of a consumers’ good must judge on his value scale whether its exchange-value or its highest direct use-value is the greater. In the money economy, the problem of exchange-value is simplified, since it will be exchange for money that will be especially important. The utility on his value scale of the highest direct use-value will be compared to the utility of the sum of money the good could procure in exchange.”
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- 13-1a3a2d1 Money superimposes direct use-values of things onto a commensurable unit
- 13-1a3a2e Some products are produced because of the greater extent of the market
- 13-1a3a2f The market implies specialization implies speculation
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