2004•Economic SurveyRequires access

On the Two Existence of commodity Value

Gao Zhong-ting

Abstract

Matter labor is not the only existing form of commodity value. Whether creating tangible products is not the necessary condition of creating value. Matter labor is just the existing form of tangible product value. Service labor is a kind of commodity and live labor is its existing form of value. So, commodity value has two kinds of existing forms: materialized labor and live labor.

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Key concepts: Commodity, Value (mathematics), Product (mathematics), Service (business), Economics, Microeconomics, Commodity market, Commerce