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Shop talks on economics
Image 38
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Marcy, Mary, 1877-1922. Shop talks on economics - Image 38. 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/861.

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 38. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from http://digital.lib.uh.edu/collection/scpamp/item/892/show/861

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 38, 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/861.

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 38
Format (IMT)
  • image/jpeg
File Name uhlib_3783716_037.jpg
Transcript 36 SHOP TALKS ON ECONOMICS If B (wages) are not equal in value to A (the cost of living) will this mean that you HAVE NOT RECEIVED the value of your labor-power, or will it mean that the grocer, and butcher, and clothier are cheating you? If wages (B) are reduced will your employer be able to appropriate more surplus value? Owing to the improved methods of production the necessities of life are slowly decreasing in value. A contains less labor; is less valuable. Gold also is decreasing in value, contains less social labor. What would be the natural explanation of the fact that gold today exchanges for FEWER commodities than it did five years ago? Which would you expect to have decreased most in value—gold or the necessities of life? If the necessities of life decreased FASTER than the value of gold decreased, would prices of the necessities fall? In this case B would be of more value than A. Would wages continue to be of more value than A for very long? Would general co-operatives for reducing the cost of living in America benefit the working class? Or would they tend to reduce wages? Why? Will we have to exclude the natives of Central America from -the United States in order to prevent them from competing with us to sell their labor-power? Or are they already taking jobs from American cotton workers even though working in Guatemala? Explain.