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Commodity In Communist Manifesto By Karl Marx

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In his work, he focusses on commodities and how they are affected in capitalism. On one hand, consumers use commodities, or any good or service produced by human service, without thinking about all parts of production that led to the product being in their hands. This phenomenon is what Marx calls commodity fetishism. In Capital, he discusses how a commodity has both a use and exchange value. A use value refers how a commodity can be used to satisfy a human want or need and how it is used in society, where as the exchange value is is how it can exchanged for other commodity. In a sense exchange value is how labor can be traded for other labors. This fetishism of commodities done by the consumers leads to extreme alienation or estranged laborers, as Marx talks about in Economic and Philosophic Manuscripts. According to Marx, estranged labor happens when a laborer is separated from their work, when the laborer is doing someone else's work, the separation of laborer from their human-identity, or when the laborer doesn’t fully benefit from the work that they’ve done and a surplus value is distributed to someone …show more content…

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