From: felix-AT-pseud.pseud
Date: Fri, 06 Oct 2000 17:10:08 MDT


Marx claims that the value of a commodity comes from the labor which was 
expended to produce the commodity.  I am curious how Marx would account for 
the inflated value of commodities that are novel or rare:  old coins, beanie 
babies, collectable stamps, a dress worn by Jackie Kennedy, etc.  The labor 
expended to produce these items is no more than would be needed to produce a 
coin, a stuffed animal, a regular stamp, etc.  Does anyone know how Marx 
explains such phenomenon?
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