Commodity value measurement and connotative value currency

Jinjun Cheng

No f45qe, OSF Preprints from Center for Open Science

Abstract: Goods of utility, in the final analysis, contain two parts of natural value and labor value:the natural value is created by god and given to us for free, the labor value is the human labor which is condensed in the commodity without any difference, and the commodity value is reflected by the labor value.The essence of human labor is the process of consuming the energy and life time of the body and doing physical work to the object of labor.The value of labor, W, is the square root of the product of the energy consumed by the worker, E, and the time spent on labor, T(W= ).To design a new currency that conforms to the principles of freedom and fairness -- the Talent(symbol: ), whose value corresponds to its value：1 =1JS , J is joules, S is seconds, perform all functions of currency.

Date: 2020-04-20
New Economics Papers: this item is included in nep-gen
References: Add references at CitEc
Citations:

Downloads: (external link)
https://osf.io/download/5e9dc1b643016606dba056b1/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:f45qe

DOI: 10.31219/osf.io/f45qe

Access Statistics for this paper

More papers in OSF Preprints from Center for Open Science
Bibliographic data for series maintained by OSF ().