Book Description

Price is a manifestation of the law of value. Value is the law of prices, i.e., a generalized expression of the phenomenon of price” . In prices, the first function of money as a measure of the value of commodities finds its manifestation, which consists, as Marx says, “to supply the world of commodities with material for expressing value, i.e., in order to express the values of commodities as quantities of the same name, qualitatively the same and quantitatively comparable”