We thus see that the Marxist law of value is not canceled by the data of the third volume, but is merely modified in a definite way.
More Quotes from Rudolf Hiferding:Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition.
Since, however, the reduced surplus value is to be distributed among them in like manner, the modification of their respective parts in the production of surplus value must find expression in a modification of the prices.
The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial capital to acquire control of production as well.
But whether, for example, a coat can be exchanged for twenty yards of linen cloth or for forty yards is not a matter of chance, but depends upon objective conditions, upon the amount of socially necessary labor time contained in the coat and in the linen respectively.
The object of the law of value is to elucidate the actual exchange relations of commodities.
Readers Who Like This Quotation Also Like:Based on Topics: Communism & Marxism Quotes, Value Quotes
Still the question remains of what actually speaks in a poem, if not subjectivity as historically constructed.
Flattery is like cologne water, to be smelt, not swallowed.
I really loved Twin Peaks. When I saw the two-hour pilot, they screened it in the big theatre. I said, I don't know what is going to happen. I'm in this and I don't understand it. This is never going to sell. Who's going to watch this thing?