Money, money circulation and credit - страница 3

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On the first pole is the good which expresses its value, which plays the active role (relative form of value); and on the second pole is the good which is used as a material for the first good value expression, which plays the passive role and is in an equivalent form. Thus, the relative and the equivalent forms are the two poles of the value expression.

The equivalent form of value has Эквивалентная форма стоимости some features:

The use value of the equivalent good serves as a form of the opposite good value expression;

The concrete labor spent on the equivalent good production serves as a form of the opposite abstract labor expression;

The private labor spent on the equivalent good production serves as a form of the opposite social labor expression.

The second stage is a total or expanded form of value.

The labor division with the human productive power development which expended the range of the got goods strongly resulted the requirement in the labor products exchange. Initially it was a simple exchange of one good on another which in small scale is still applied up to now and is known as «barter».

With the pastoralist and agricultural tribes’ development the first big social division of labor: people began to exchange many different social labor items and goods of relative form of value. The substantial fault of this form of value that the value of each good doesn’t get reasonable expression because of a wide range of the equivalent goods exsistance.

The third stage is a general form of value.

With an increase of the exchange operations volume and the range of exchanged goods the natural exchange on the principle of «the good for the good» became more and more problematic, led to the time loses during the searches of companions or to direct damages if perishable goods staled.

It can be assumed that some nebbish sellers at a risk of the goods loss or in despair exchanged them not on needed but on fast-moving in order to exchange it again on required. Thus, the fast-moving goods appeared which played the role of the first «commodity» money. Multiple usage of the fast-moving goods as an intermediary made them common twice. That is why the ratios in which they were exchanged on the other goods became stable. It let us say about the birth of «the equivalent goods» which confirms their role and functions of the commodity money.