Thus, though the trade worth of a commodity finds solely ideally a distinct expression in value, and the twofold character of labor contained within the commodity exists as yet merely as two distinct forms of expression, and, although in consequence thereof, the embodiment of common labor-time, gold, confronts precise commodities only as an imaginary measure of worth, but the fact that trade worth exists as value, or that gold exists as a measure of value implies the necessity of the alienation of commodities for onerous cash and the possibility of their non-alienation. Because the determination of the unit of measure, of its aliquot components, and of their names is purely standard, and since they need to possess throughout the sphere of circulation the character of universality and compulsion, they had to be settled by law. As such varied quantities of the identical factor, gold, they're equated, compared and measured with each other, أسعار الذهب اليوم and thus arises the technical necessity of referring them to a definite amount of gold as a unit of measure, a unit which develops into a normal measure by virtue of its divisibility into aliquot parts, which in their flip may be sub-divided into aliquot parts.

Gold is the measure of worth, as a result of its value is variable; it's the standard of price, because it's fastened as a continuing unit of weight. The necessity of settling upon a amount of gold as a unit of measure and upon its aliquot components as subdivisions of that unit, has given rise to the notion that a certain quantity of gold which has naturally a variable worth had been assigned a set ratio of worth to the alternate values of all commodities; the fact is overlooked that exchange values of commodities are remodeled into prices, i. For that reason, the utopians, who want to have commodities but not cash, who want a system of production primarily based on personal change with out the necessary circumstances underlying such a system, are constant after they "destroy" money not in its tangible type however in its nebulous illusory form of a measure of worth.

That will depend on whether or not or not it proves to be a use-worth, whether or not or not the quantity of labor-time contained in it's the amount essentially required by society for the manufacturing of a quarter of wheat. Thirty days of labor are contained in a quarter of wheat and it want not, due to this fact be expressed by way of labor-time. In this distinction between exchange value and value lies the demonstration of the truth that the particular individual labor contained in a commodity has first to be expressed through the strategy of alienation by way of its counterpart, i. In estimating all commodities in gold it is just assumed that usd gold price represents a given amount of labor at a given second, as was executed when the trade value of any commodity was expressed when it comes to the use-worth of another commodity. "Export of money makes a rustic a good place to buy in by decreasing prices, and thus secure a readjustment." No case given in illustration. Being illogical and silly, that what must serve to alternate these (money) is given value that it does not have. So as to have the ability to function a measure of value, gold must be as far as potential a variable worth, as a result of it can grow to be the equivalent of other commodities only as an incarnation of labor-time, and the identical labor-time is realized in unequal volumes of use-values with the change in the productive power of concrete labor.

On the planet market, however, the place nationwide boundaries disappear, these nationwide characteristics of the measure of cash additionally disappear and provides place to the overall measures of weight of metals. The standard of measure is thus discovered prepared in the general measures of weight of metals and, due to this fact, whereever metallic circulation is in vogue, these measures serve originally as requirements of value. Gold turns into the measure of worth by virtue of its relation as exchange value to commodities as trade values; as normal of value, a particular quantity of gold serves as a unit for other quantities of gold. On this case, as in all circumstances of measuring quantities of the identical denomination, the establishment of a definite and unvarying unit of measure is all-important. Gold as measure of worth and as customary of worth has solely different forms of manifestation and the complicated of the 2 has resulted within the wildest of theories. In several nations the authorized customary of worth is naturally different. Taiwanese regarded to different countries to forge their own system.

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