On the Property of Commodity Value

Not any abstract work will form commodity value,but only the abstract work with sociality, exchangeability and compensation can form commodity value.The sociality,exchangeability and compensation of the abstract work that form commodity value exist at the same time.They three are preconditions of each other and are closely related to each other.The sociality,exchangeability and compen- sation of the abstract work form the properties of commodity value in the courses of production and exchange.The core of commodity val- ue properties is the relationship between the work time of producers and the whole work time of the society.The category of value proper- ty is helpful for deepening and developing labor value theory and provides a new angle of view for judging whether work produces com- modity and form value.Relying on commodity value property is useful for explaining some economic phenomena, makes labor value theo- ry more persuasive and therefore strengthens its vitality.