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The concept of commodity fetishism in Karl Marx's theory would apply to the King Midas story. This theory suggests that people attribute magical properties to commodities and value them for their exchange value rather than their actual utility, similar to how King Midas valued riches above all else. Ultimately, this can lead to negative consequences, as shown in the story of King Midas turning everything he touched into gold.
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Earn +20 ptsQ: Which Karl Marx theory would apply to the king midas story?
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