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Value and its forms in the Marxian critique of political economy

ABSTRACT:

The present article aims to present and explain the theoretical status of the Marxian category of value, as determined in the context of the critique of political economy in its mature phase (1857-1881). In particular, it discusses how Marx presents the relationship of categorical determination of value with other relationships that compose and constitute the commodity form of the products of human labor. In this sense, the Marxian theory of value appears as a critical exposition of the capitalist mode of production, based on the categorical analysis of the commodity and aiming to reveal it in its most essential dimension: as the vehicle for implementing the appreciation of value. Value, according to the development of the Marxian argument in the Grundrisse and the Capital, is analyzed in its configuration as a determination process that unfolds, presupposes, and implies a set of other formen. These are articulated in moments of real differentiation and development that are concretely expressed in objectifications human labor existing as moments of capital. Goods, market, and capital lose all their appearance as the reciprocal externality of "stuff", to reveal realizations of a socio-historical mode of producing human life.

KEYWORDS:
Marx; Critique of Political Economy; value; capital; category

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