Commodity Quote by David Ricardo

The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to…

— Adam Smith

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

— Rudolf Hiferding

The values of commodities are directly as the times of labor employed in their production, and are inversely as the productive powers of the…

— Karl Marx

The exchangeable value of all commodities rises as the difficulties of their production increase.

— David Ricardo

“The values of commodities are directly as the times of labour employed in their production, and are inversely as the productive powers of the…

— Karl Marx

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

— Rudolf Hiferding

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of…

— David Ricardo

It is a mere futile process to exchange one set of commodities for another, if the parties; after this new distribution of goods has…

— Thomas Malthus

In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and…

— David Ricardo

If a commodity were in no way useful, - in other words, if it could in no way contribute to our gratification, - it…

— David Ricardo

It is only by being exchanged that the products of labor acquire a socially uniform objectivity as values, which is distinct from their sensuously…

— Anonymous

“Labour is the source and the measure of the value of commodities. But is the price of commodities always determined by their value? Do…

— Georgi Plekhanov