value-form

Definitions

The social form of a commodity as a representation of value (socially necessary labour time).

Marxism, countable, uncountable

Equivalents

Examples

“Commodities come⟳ into the world in the shape⟳ of use⟳ values, articles, or goods, such as iron⟳, linen, corn, &c. This is their plain, homely, bodily form⟳. They are, however, commodities, only because they are something two-fold, both objects of utility, and, at the same time, depositories of value. They manifest themselves therefore as commodities, or have⟳ the form⟳ of commodities, only in so far as they have⟳ two forms, a physical or natural form⟳, and a value form⟳.”

CEFR level