Note 22 — Chapter III · CONCERNING THE INTERPRETATION AND CRITICISM OF SOME CONCEPTS OF MARXISMToC

In making an hypothesis of this nature, Marx distinguished clearly that, in such a case, 'labour-time would serve a double purpose: on the one hand as standard of value, on the other as a standard of the individual share reckoned to each producer in the common labour' (andrerseits dient die Arbeitzeit zugleich als Mass des individuellen Antheils des Producenten an der Gemeinarbeit, und daher auch an dem individuell verzehrbaren Theil des Gemein products): See Das Kapital I, p. 45.