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"As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production."
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Exlpore more Calculations quotes
"There are many different kinds of radioactive waste and each has its own half-life so, just to be on the safe side and to simplify matters, I base my calculations on the worst one and that's plutonium."
"Some years ago, I wrote a book called the Emperor's New Mind and that book was describing a point of view I had about consciousness and why it was not something that comes about from complicated calculations."
"There was a project at Lawrence Livermore National Labs where many years ago they went down this path for scripting and controlling very large numerical calculations."
"As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production."
Explore more quotes by Rudolf Hilferding
"The publication of the third volume of Capital has made hardly any impression upon bourgeois economic science."
"It is therefore utterly false to say that Marx revokes the law of value as far as individual commodities are concerned, and maintains it in force solely for the aggregate of these commodities."
"Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another."
"For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights."
"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."
"It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon the simple production of commodities."
"Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition."
"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 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."
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