Suspicions of Markets by Donald Rutherford

Suspicions of Markets by Donald Rutherford

Author:Donald Rutherford
Language: eng
Format: epub
Publisher: Springer International Publishing, Cham


Perhaps he is going too far. It is hard to say that labour is manifested. In exchange the output of labour is transferred from a producer to a consumer who will have little interest in most cases in the original labourer unless it is a rare craft object.

He introduces the idea of guardians, presumably the holders or retailers of stocks of commodities:Commodities cannot themselves go to market and perform exchanges in their own right. We must, therefore, have recourse to their guardians, who are the possessors of commodities… the guardians must therefore recognize each other as owners of private property. For the owner the commodity has use-value for others but not himself so he brings it to the market. (Marx 1976: 1, 178–9)



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