"Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another."

Virtue, Fact, Value

42

Create Your Own Wallpaper

Standard

Customized

"Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another."

Exlpore more Virtue quotes

"Assume a virtue if you have it not."

William Shakespeare, English Dramatist

Virtue, Truth, Wisdom, Power, Today

"Crime when it succeeds is called virtue."

Seneca, Roman Philosopher

Virtue, Crime, Statesman

"The only thing is, people have to develop courage. It is most important of all the virtues. Because without courage, you can't practice any other virtues consistently."

Maya Angelou, American Poet

Virtue, Courage, Practice, Consistency, Importance

"There are two things that men should never weary of, goodness and humility; we get none too much of them in this rough world among cold, proud people."

Robert Louis Stevenson, Scottish Writer

Virtue, Goodness, Humility, Cold, People

"To copy a virtue in another is more copying than it is virtue. Try to learn what that virtue is based upon."

Idries Shah, Indian Author

Virtue, Learning, Imitation, Authenticity

"Virtue is like a rich stone, best plain set."

Francis Bacon, English Philosopher

Virtue,

"It is not living that matters, but living rightly."

Socrates, Greek Philosopher

Virtue, Living

"What is virtue but the Trade Unionism of the married?"

George Bernard Shaw, Irish Dramatist

Virtue, Trade

"There is certainly no greater happiness than to be able to look back on a life usefully and virtuously employed to trace our own progress in existence by such tokens as excite neither shame nor sorrow."

Samuel Johnson, English Author

Virtue, Happiness, Life, Progress

"The real virtue is not to be free from desires but to be content with what you have."

Abhijit Naskar, Indian Author

Virtue, Wisdom, Truth, Inspirational, Contentment

Explore more quotes by Rudolf Hilferding

"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."

Time

"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."

Expression

"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."

Force

"The publication of the third volume of Capital has made hardly any impression upon bourgeois economic science."

Science

"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."

Control

"The object of the law of value is to elucidate the actual exchange relations of commodities."

Law

"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."

Society

"For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights."

Economy

"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."

Calculations

"Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition."

Competition