Simple commodity production Guide, Meaning , Facts, Information and Description
In Marxian political economy, simple commodity production refers to a hypothetical economy used to describe some of Karl Marx's economics: it is market economy in which all producers own the resources (including the ability to work) that they use in production. No-one is a proletarian, selling his or her labor-power to another. Instead, each is self-employed. In this imaginary model, there is a direct correspondence between prices and the values of commodities.This is an Article on Simple commodity production. Page Contains Information, Facts Details or Explanation Guide About Simple commodity production