Discussion
“The process by which actors fail to recognise that it is their labour that gives the commodities their value”, is termed by Marx as :
Answer: A
Marx called this process fetishism, the fetishism of commodities.
In Capital, volume I, Marx argued that in a market economy the social relations between producers appear as relations between things. People see value as a natural property of the commodity and of its price, and fail to recognise that it is their own labour that gives commodities their value, much as worshippers attribute power to a fetish they have made themselves.
Emancipation is the freeing of people from domination, socialism is the society Marx expected to replace capitalism, and contradiction refers to the conflicting forces within a mode of production.
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