"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

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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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"Life can only be live with grace, gratitude and generosity."

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"That I may carry on what I have begun, that I may do good, that I may be one day a grand and encouraging example that it may be said that there was finally some little happiness resulting from this suffering which I have undergone and this virtue to which I have returned!"

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"Virtue could see to do what Virtue would by her own radiant light, though sun and moon where in the flat sea sunk."

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"Virtue consists, not in abstaining from vice, but in not desiring it."

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"Every faculty and virtue I possess can be used as an instrument with which to worry myself."

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"The greater the wisdom, the greater the mind. The greater the courage, the greater the heart. The greater the love, the greater the soul."

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"According to the new ethics, virtue is not restrictive but expansive, a sentiment and even an intoxication."

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"The beauty of the soul shines out when a man bears with composure one heavy mischance after another, not because he does not feel them, but because he is a man of high and heroic temper."

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Explore more quotes by Rudolf Hilferding

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

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."

Force

"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

"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

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

Law

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

Competition

"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

"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