Tag: Digital Commodities

Part 2: Unraveling the Digital Exchange: Understanding the Use-Value and Exchange-Value of Information, Data, and Privacy

In Karl Marx’s exploration of exchange in his seminal work “Capital,” he delved into the concepts of use-value and exchange-value as they relate to traditional commodities. However, in our increasingly digitized world, where information, data, and privacy have become valuable commodities, it is essential to apply these principles to these modern entities. In this blog…

July 9, 2023
Part 1: The Value of Information, Data, and Privacy: Understanding the Modern Commodities

In today’s digital age, where information flows freely and data fuels the economy, the concept of commodities and their value has taken on new dimensions. Karl Marx, the renowned philosopher and economist, may not have foreseen the emergence of the internet and the vast amounts of information and data generated daily. Modern commodities are not…

July 9, 2023

Part 2: Unraveling the Digital Exchange: Understanding the Use-Value and Exchange-Value of Information, Data, and Privacy