What are the components of the value of commodities produced by a capitalist enterprise?

The value of commodities produced by capitalist enterprises consists of three components, c+v+m where: c+v is the capital advanced by the capitalist at the beginning of the production process for the purchase of the means of production and the labor force, which is the actual consumption of the capitalist in the process of production, and m is the new value, i.e., surplus value, which is the new value produced by the combination of the labor force and the means of production.

I. The Composition of the Value of Commodities

1. The value of commodities is the undifferentiated human labor including physical and mental labor condensed in commodities;

2. The amount of the value of a commodity depends on the socially necessary labor time for the production of that commodity; Socially Necessary Labor Time: Under the existing normal conditions of production of the society, under the existing social average of the degree of labor proficiency and labor strong.

Second, what is the value of commodities

The value of commodities is determined by the socially necessary labor time for the production of commodities, that is to say, by the "amount" of labor to determine. The value of commodities, from the current economic practice, has at least the following six characteristics:

1, labor. Any commodity is condensed human labor. This is what Marx said that abstract labor determines the value of commodities.

2. Ornamental. Commodities are used for people, and people need "beauty". So the appearance of goods and packaging is beautiful or not, is also a basic characteristic of goods. A beautifully packaged goods and a roughly made goods, although they are the same in the use of value, but people prefer to buy the beautifully packaged one.

3, scarcity. The value of goods at the same time also determines the power of supply and demand for goods. "Scarcity is expensive", oversupply, the value will fall; and less than demand, the value will rise.

4, value-added. Mainly embodied in some special commodities in the exchange after the "delay" stage, with the automatic appreciation characteristics. Such as stamps, antiques and so on.

5, productive. Refers to the commodity has the ability to produce another new commodity. Means of production class of goods is belong to this type. For example, a machine, which itself is a commodity. But after it is purchased, combined with raw materials and human labor, it can produce a new commodity.

6, speculative. This is determined by the commodity buyers and sellers of "exchange IQ". "Exchange IQ", in layman's terms, refers to the buyer and seller on the bargaining ability difference.