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Value Quotes by Rudolf Hiferding
- Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another.
- Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition.
- The object of the law of value is to elucidate the actual exchange relations of commodities.
- 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…
- 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…
More Value Quotes
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- But human beings fall easily into despair, and from the very beginning we invented stories that enabled us to place our lives… — Karen Armstrong
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- A subtle thought that is in error may yet give rise to fruitful inquiry that can establish truths of great value. — Isaac Asimov
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