What people are saying - Write a review
We haven't found any reviews in the usual places.
accrues active capital amount of capital bank credit bank reserves become borrower buyers capital interest capitalist cause chance profits circulation coin commodity competition cost credit instrument credit money creditor currency curve SS debtor demand desire determined dollar duction economic economic rent effect effort employer equal existing fact factors final efficiency final utility fund gold income increase industrial issue issuer John Stuart Mill labor labor power land law of value lender loan debts marginal marginal cost market value means means of production medium of exchange metal monopoly nature obtain owner ownership payment portion possession present price limit pure interest quantity rate of interest reason recompense redeemable redemption rent represented rise seignorage sell sellers share supply supply and demand surplus value things tion volume of money volume theory wages wealth workers
Page 506 - Chinese society will enter the era of communism in which the principle of 'from each according to his ability and to each according to his needs
Page 225 - Corn is not high because a rent is paid, but a rent is paid because corn is high ; and it has been justly observed that no reduction would take place in the price of corn, although landlords should forego the whole of their rent.
Page 224 - When land of the third quality is taken into cultivation, rent immediately commences on the second, and it is regulated as before, by the difference in their productive powers. At the same time, the rent of the first quality will rise...
Page 213 - Each of these units is the same as any other, so far as it has the character of the average labour-power of society, and takes effect as such ; that is, so far as it requires for producing a commodity, no more time than is needed on an average, no more than is socially necessary.
Page 214 - So far as it has value, it represents no more than a definite quantity of the average labour of society incorporated in it.
Page 249 - Thus interest springs from the power of increase which the reproductive forces of nature, and the in effect analogous capacity for exchange, give to capital.
Page 214 - The value of labour-power is determined, as in the case of every other commodity, by the labour-time necessary for the production, and consequently also the reproduction, of this special article.
Page 264 - Here then we have reached the goal of the present inquiry, and may formulate it thus : the value of a good is measured by the importance of that concrete want, or partial want, which is least urgent among the wants that are met from the available stock of similar goods.
Page 278 - When one person lends to another, as well as when he pays wages or rent to another, what he transfers is not the mere money, but a right to a certain value of the produce of the country, to be selected at pleasure ; the hmder having first bought this right, by giving for it a portion of his capita).