Actual Quote 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.

— Rudolf Hiferding

Exchange value forms the substance of money, and exchange value is wealth.

— 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

Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.

— David Ricardo

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

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

A commodity has a value because it is a crystallization of social labor. The greatness of its value, or its relative value, depends upon…

— Karl Marx

Value is the life-giving power of anything; cost, the quantity of labour required to produce it; its price, the quantity of labourwhich its possessor…

— John Ruskin

There is a physical relation between physical things. But it is different with commodities.

— Karl Marx

The meaning or value of a thing consists of what it affords.

— James J. Gibson

When you sell on price, you are a commodity. When you sell on value, you are a resource.

— Bob Burg

The value of a thing is what that thing will bring. -Legal Maxim

— Larry Niven