Exchange creates value as genuinely as production does.

Evidence

This consideration makes it particularly clear that exchange is just as productive, as creative of values, as is so-called production. In both cases it is a matter of securing goods at the cost of others which one gives up, and in such a manner that the end result yields a surplus of satisfactions over what obtained before the action. We can create neither matter nor energy anew, but only so attack the given that as many quanta as possible ascend from the realm of reality to the realm of value as well. … Only by virtue of this movement do objects become detached from the needing and enjoying ego with which they were fused, and thereby become values. — Georg Simmel, on individuality and social forms_…, 228

Categorization

• XREF: connects to: Exchange stands as the purest form of human interaction and rationalizes daily life. — Georg Simmel, on individuality and social forms_…, 217; Exchange is a change within each party, not a thing between them. — Georg Simmel, on individuality and social forms_…, 223; Exchange itself, not utility or scarcity, creates economic value. — Georg Simmel, on individuality and social forms_…, 261 (+11 more)

Related

• Exchange itself, not utility or scarcity, creates economic value. (similarity 0.95)
• Exchange creates value such that the sum exceeds what each party held. (similarity 0.94)
• Economic value arises only through sacrifice and exchange (similarity 0.91)
• Exchange stands as the purest form of human interaction and rationalizes daily life. (similarity 0.89)
• Exchange is a change within each party, not a thing between them. (similarity 0.89)
• Labor power only becomes a value through the possibility of exchange. (similarity 0.88)
• Economic value emerges through the distance exchange creates between self and object (similarity 0.87)
• Two-person exchange is a subspecies of the individual’s internal sacrifice-and-gain. (similarity 0.86)
• Exchange value is measured by what a commodity trades for, not by its price (similarity 0.85)
• Exchange value is always judged relative to the moment’s circumstances (similarity 0.85)
• Every exchange is individually advantageous given its actual circumstances (similarity 0.84)
• Labor is the commodity whose surplus value is expropriated and realized through market exchange (similarity 0.82)
• Surplus-value emerges where equivalent exchange opens a gap over reproduction costs (similarity 0.81)
• Individuality paradoxically emerges through the exchange process that levels it. (similarity 0.81)
• What people are coincides with what and how they produce (similarity 0.81)

Broader Connections

• Exchange itself, not utility or scarcity, creates economic value. #corroborates (0.85) — Georg Simmel, on individuality and social forms_…, 261
• Market ideology conceals exploitation by making exchange stand in for production #contradicts (0.80)
• The exchange sphere’s apparent equality masks the extraction of surplus in production. #contradicts (0.75)
• Exchange creates value such that the sum exceeds what each party held. #expands (0.70) — Georg Simmel, on individuality and social forms_…, 219
• Economic value emerges through the distance exchange creates between self and object #expands (0.60) — Georg Simmel, on individuality and social forms_…, 250
• Economic value arises only through sacrifice and exchange #corroborates (0.60) — Georg Simmel, on individuality and social forms_…, 245
• Labor power only becomes a value through the possibility of exchange. #corroborates (0.55) — Georg Simmel, on individuality and social forms_…, 258