[Marxism] meaning of labor time in Capital

Waistline2 at aol.com Waistline2 at aol.com
Fri Apr 17 18:53:41 MDT 2009

1). While, therefore, with reference to use value, 
2). the labour contained in a commodity counts only qualitatively,
3). with reference to value it counts only quantitatively, and must  first 
be reduced to human labour pure and simple. 
4). In the former case, it is a question of How and What, in the latter of  
How much? How long a time? 
5.) Since the magnitude of the value of a commodity represents only the  
quantity of labour embodied in it, it follows that all commodities, when taken 
 in certain proportions, must be equal in value. 
(direct quote, same source. Numbers added for easy reading)
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