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Exchange value

In political economy and especially Marxian economics, exchange value (German: Tauschwert) refers to one of the four major attributes of a commodity, i.e., an item or service produced for, and sold on the market, the other three attributes being use value, economic value, and price. Thus, a commodity has the following:

Economy, Exchange value and price according to Marx & Relation to mainstream economics

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Exchange value and price according to Marx

Equilibrium pricesFixed assetsFictitious capitalCountertradeDialectical
9 related topics

Relation to mainstream economics

Neoclassical economicsSocialForeign exchange markets
3 related topics

Transformation of values into prices

Relations of productionTransformation problemLaw of valuePrices of productionSurplus value
5 related topics

Overview

Political economyMarxian economicsCommodityMarketUse value
14 related topics

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Overview

Exchange value and price according to Marx

Commodification

Marx's quote on commodities and their exchange

Transformation of values into prices

Relation to mainstream economics

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Exchange value

Nodes45
Edges44
Triples31
Avg. degree1.96
Density0.044444
Components1

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Exchange value

Top relations

related to References · 16
Exchange value → Alexander Gersch, Capitalism, Ch, Das Kapital, David Ricardo, James Heartfield, Karl Marx, Makoto Itoh, On, Part, Political Economy, Taxation, The Basic Theory, The Economy, The Principles, Theory
related to Transformation of values into prices · 8
Exchange value → Capital, Das Kapital, Despite, He, However, II, In, Marx
related to Relation to mainstream economics · 7
Exchange value → Exchange, In, Market, Marx, Professor John Eatwell, The, These

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Important terminology

value price exchange prices commodity marx exchange-value market economic trade commodities one social money use economics labor economy time produce

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Exchange valuerelated to ReferencesKarl Marx0.60section
Exchange valuerelated to ReferencesDas Kapital0.60section
Exchange valuerelated to ReferencesPart0.60section
Exchange valuerelated to ReferencesCh0.60section
Exchange valuerelated to ReferencesMakoto Itoh0.60section
Exchange valuerelated to ReferencesThe Basic Theory0.60section
Exchange valuerelated to ReferencesCapitalism0.60section
Exchange valuerelated to ReferencesAlexander Gersch0.60section
Exchange valuerelated to ReferencesOn0.60section
Exchange valuerelated to ReferencesTheory0.60section
Exchange valuerelated to ReferencesDavid Ricardo0.60section
Exchange valuerelated to ReferencesThe Principles0.60section

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