Amount Quote by Millicent Fawcett

Labor, being itself a commodity, is measured as such by the labor time needed to produce the labor-commodity. And what is needed to produce…

— Karl Marx

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 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

“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

The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an…

— David Ricardo

“To maximise output, every organisation will strive to obtain its necessary raw materials, labour and machinery at the lowest possible cost and combine them…

— Alain de Botton

A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases,…

— David Ricardo

But it is clear that the price of labour has no necessary connection with the price of food, since it depends entirely on the…

— David Ricardo

Labour is not a commodity.

— Sharan Burrow

“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

In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up.

— Rakesh Jhunjhunwala

It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon…

— Rudolf Hiferding