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Shop talks on economics
Image 18
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Marcy, Mary, 1877-1922. Shop talks on economics - Image 18. 1911. Special Collections, University of Houston Libraries. University of Houston Digital Library. Web. November 22, 2017. http://digital.lib.uh.edu/collection/scpamp/item/892/show/841.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marcy, Mary, 1877-1922. (1911). Shop talks on economics - Image 18. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from http://digital.lib.uh.edu/collection/scpamp/item/892/show/841

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Marcy, Mary, 1877-1922, Shop talks on economics - Image 18, 1911, Socialist and Communist Pamphlets, Special Collections, University of Houston Libraries, accessed November 22, 2017, http://digital.lib.uh.edu/collection/scpamp/item/892/show/841.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Compound Item Description
Title Shop talks on economics
Creator (LCNAF)
  • Marcy, Mary, 1877-1922
Publisher Charles H. Kerr & Company
Place of Creation (TGN)
  • Chicago, Illinois
Date 1911
Subject.Topical (LCSH)
  • Economics
  • Socialism
  • Marxian economics
Genre (AAT)
  • pamphlets
Language English
Type (DCMI)
  • Text
Original Item Extent 58, [6] pages; 18 cm.
Original Item Location HX86.M3 1911
Original Item URL http://library.uh.edu/record=b8304396~S11
Original Collection Socialist and Communist Pamphlets
Digital Collection Socialist and Communist Pamphlets
Digital Collection URL http://digital.lib.uh.edu/collection/scpamp
Repository Special Collections, University of Houston Libraries
Repository URL http://libraries.uh.edu/branches/special-collections
Use and Reproduction This item is in the public domain and may be used freely.
File Name index.cpd
Item Description
Title Image 18
Format (IMT)
  • image/jpeg
File Name uhlib_3783716_017.jpg
Transcript 16 SHOP TALKS ON ECONOMICS or whatever it may be) determines what it will exchange for. The natural tendency is for commodities of equal value to exchange for each other, or for other commodities of equal value. For example: the amount of wheat produced by ten hours of necessary social labor time will exchange for the amount of cloth, shoes, chairs, gold or some other commodity that will be produced by ten hours of necessary social labor. The value or values for which commodities will exchange change constantly as the social labor necessary to their production changes. Last month we read of a new molding machine that enables one boy to produce as many castings in one day as four men had been accustomed to produce. These castings have now greatly decreased in value (in the individual plant where the new process is used) but the total value of castings in general has been only slightly reduced. The average labor necessary to produce castings is only a little less than formerly. When the new process becomes general and the average necessary labor greatly reduced, castings will greatly decrease in value. "If we consider commodities as values, we consider them exclusively under the single aspect of realized, fixed, or, if you like, crystalized human labor. In this respect they can differ only by representing greater or smaller quantities of labor, as for example, a greater amount of labor may be worked up in a silken handkerchief than in a brick.