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Rudolf Hilferding

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

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

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Angie karan

"She had received ideas which disposed her to be courteous and kind to all, and to pity every one, as being less happy than herself."

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Personal Development

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Angie karan

"To have mercy and truth requires love, good understanding and respect."

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Personal Development

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Angie karan

"In the midst of vice we are in virtue, and vice versa."

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Angie karan

"Modesty, tis a virtue not often found among poets, for almost every one of them thinks himself the greatest in the world."

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Personal Development

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Angie karan

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

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Angie karan

"It is one of the superstitions of the human mind to have imagined that virginity could be a virtue."

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Angie karan

"Tyrants have always some slight shade of virtue; they support the laws before destroying them."

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Angie karan

"The superior man thinks always of virtue; the common man thinks of comfort."

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Angie karan

"No man can purchase his virtue too dear, for it is the only thing whose value must ever increase with the price it has cost us. Our integrity is never worth so much as when we have parted with our all to keep it."

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Angie karan

"Long-suffering is the greatest life survival virtue."

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

Law

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Rudolf Hilferding
"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

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Rudolf Hilferding
"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

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

Economy

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

Competition

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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

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Rudolf Hilferding
"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

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

Science

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Rudolf Hilferding
"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

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Rudolf Hilferding
"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

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