"The object of the law of value is……" — Rudolf Hiferding
"The object of the law of value is to elucidate the actual exchange relations of commodities."
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Rudolf Hiferding
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11 Quotes by Rudolf Hiferding
Rudolf Hiferding has 11 quotes on this site.
A few more worth reading:
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For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights.
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The publication of the third volume of Capital has made hardly any impression upon bourgeois economic science.
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Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can…
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Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist…
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The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial…
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Since, however, the reduced surplus value is to be distributed among them in like manner, the modification of their respective…
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It is therefore utterly false to say that Marx revokes the law of value as far as individual commodities are…
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It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in…
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But whether, for example, a coat can be exchanged for twenty yards of linen cloth or for forty yards is…
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As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point…
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More Actual Quotes
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