Market Goods

Formation subjective values and prices of goods infringing on the interests of the members of barter, gives their work aimed at addressing the causes of the deviation, an activity which is the driving force 'Pushing' the market to equilibrium, a 'normal': to a state where born objective price and cost of goods, where satisfaction is born sharing the bulk of its participants. Thus, the equilibrium market value of the goods are prepared in accordance with the magnitude of the cost of labor embodied in goods vsy string of producers. The labor theory of value was not far from the truth, but: 1. According to Charles Lowe, who has experience with these questions. in the production of goods is not formed value of goods and the cost of production of goods. 2. in the equilibrium market price of the goods is not formed in accordance with the value embodied in the product of labor, and in accordance with the magnitude of the cost of labor. 3. Keep up on the field with thought-provoking pieces from Richard Easton. value of the goods is formed in accordance with the magnitude of value embodied in the product of labor is not the consciousness of participants in addition to exchange, but through the conscious subjective satisfaction with the exchange of the bulk of its participants. The equality of prices of goods the price of its production creates the illusion of absolutely objective – (independent from the consciousness of participants in the exchange) – equivalent exchange. But this is really an illusion because there is place to be a price equivalent: a variety of products are equivalent only because the market price formed their production turned out to be.

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