▁any ▁perfect ▁match ▁of ▁supply ▁and ▁demand , ▁but ▁by ▁the ▁social ▁framework ▁which ▁permitted ▁the ▁bal ancing ▁act ▁to ▁occur . ▁The ▁role ▁of ▁the ▁political ▁state ▁was ▁essential ▁in ▁this , ▁to ▁provide ▁an ▁enfor ced ▁legal ▁framework ▁for ▁fair ▁trade , ▁currency ▁stability ▁and ▁secure ▁property ▁rights ▁ ▁Marx ▁himself ▁regarded ▁the ▁idea ▁that ▁society ▁was ▁somehow ▁bal anced ▁out ▁by ▁market ▁trade ▁as ▁a ▁typical ▁fig ment ▁of ▁" bour ge ois ▁ide ology " ▁and ▁he ▁was ▁a ▁strong ▁critic ▁of ▁Jean - B apt iste ▁Say . ▁In ▁the ▁real ▁world , ▁there ▁was ▁only ▁a ▁more ▁or ▁less ▁ha ph az ard ▁adjust ment ▁of ▁supply ▁and ▁demand ▁through ▁in cess ant ▁price ▁fl uct u ations . ▁In ▁reality , ▁a ▁lot ▁of ▁non - market ▁activity ▁was ▁necessary ▁to ▁keep ▁market ▁activity ▁going , ▁and ▁the ▁role ▁of ▁the ▁state ▁was ▁ind isp ens able ▁( for ▁the ▁security ▁of ▁private ▁property , ▁currency ▁stability ▁and ▁the ▁enfor cement ▁of ▁trad ing ▁oblig ations ). ▁ ▁Fact ors ▁counter act ing ▁the ▁law ▁of ▁value ▁The ▁law ▁of ▁value ▁can ▁interact ▁with ▁other ▁phen omena ▁which ▁modify ▁its ▁effects . ▁The ▁ 1 5 ▁main ▁factors ▁counter act ing ▁the ▁operation ▁of ▁the ▁law ▁of ▁value , ▁as ▁a ▁law ▁gover ning ▁the ▁economic ▁exchange ▁of ▁products , ▁are ▁the ▁following : ▁The ▁non - ex istence ▁of ▁regular ▁trade ▁or ▁an ▁established , ▁stable ▁market ▁for ▁products , ▁so ▁that ▁a ▁dominant ▁social