Money, Value and Price. Labour Time as the General Equivalent
Marx’s subsequent lengthy elaboration concerning the issue of the replacement of metal money by chit money is introduced by yet another review of the ‘contradiction’ between value and price, a discourse in which he includes several references to ‘universal currency’.
KeywordsActual Labour Real Difference Commodity Price Average Figure Labour Time
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Notes and Comments
- 14.J.G. Hubbard, The Currency and the Country (London, 1843), p. 33.Google Scholar