life history of the currency - the life history of the currency
goods is the unity of two valuable properties and values used. terms of use value, ie, the natural form of goods, we can identify directly by the senses.
but in terms of value, ie social form of goods,it does not have a nuclear material should not be perceived directly. it only manifest itself in the exchange process through its morphological expression. monetary history is the history of the development of morphological values from low to high, from simple forms to complete most forms of currency.
- The value of simple forms or random: this is the embryonic form of value, it appears in the early stages of the commodity exchange, exchange random nature, the direct exchange of this material for another one. tangible par three characteristics: its use value becomes the value form of expression;specific labor become expressions of abstract labor; private employers become expressions of social labor. morphology relative value and tangible level as two interrelated aspects, can not be separated, as are the two opposite poles of a value equation.in the form of simple values or randomly, the exchange rate can not be fixed.
- full morphological value or extend: the development of productive forces than, after the social division of labor times First, apart from livestock farming, exchanges become more frequent, a commodity can be related to many other goods.This period corresponds to the full form or expansion.
This is the extended form of simple values or random. in the above example, the value of a meter of cloth is expressed in 10 kg of rice or chicken 2 or 0.1 gold. Such morphological character parity has been extended in many different goods. however, there is a direct exchange,exchange rate is not fixed.
- common forms of value: the further development of the productive forces and the social division of labor, goods made frequent exchanges, diverse and much more. exchange needs therefore become more complex, people want to change the fabric grain,but people have grain fabric that does not need to be something else. therefore, the direct exchange is no longer appropriate and interfere with the exchange. in that situation, one must walk the path round, bringing their goods commodity exchange that it is more popular, and bring goods in exchange for something you need.as vectors in the fixed exchange goods in order to be more popular, the general form of value appears.
here, all the goods are manifestations of their value in the a commodity material acting as the general price level. however, the general price level material is unstable in a certain commodity.different localities, the goods used as general price level is different.
- some currency: the productive forces and the social division of labor further develop, produce and market goods expanding, the material situation of more general price level makes the exchange between local difficulties encountered,therefore requires an objective to formulate general price level objects uniformly. the general price level objects are fixed at a unique and popular character, the appearance of some currency values.
at first many metal currency role, but was later fixed at precious metals: gold, silver and finally gold.silver and gold trim monetary role is due to its advantages such as homogeneous in nature, easily broken, not damaged, with a small amount and volume but contains a great value. currency appears to be the result of long-term development production and exchange of goods, when the currency was born, the world's goods are divided into two poles:one side of the common goods, the goods side (gold) currency role. At this point the value of the goods had a uniform means of expression. exchange rate to be fixed again.
life history of currency - the life history of money
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