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Shop talks on economics
Image 43
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Marcy, Mary, 1877-1922. Shop talks on economics - Image 43. 1911. Special Collections, University of Houston Libraries. University of Houston Digital Library. Web. September 25, 2017. http://digital.lib.uh.edu/collection/scpamp/item/892/show/866.

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 43. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from http://digital.lib.uh.edu/collection/scpamp/item/892/show/866

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 43, 1911, Socialist and Communist Pamphlets, Special Collections, University of Houston Libraries, accessed September 25, 2017, http://digital.lib.uh.edu/collection/scpamp/item/892/show/866.

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 43
Format (IMT)
  • image/jpeg
File Name uhlib_3783716_042.jpg
Transcript SHOP TALKS ON ECONOMICS 41 ably and as commodities tend to exchange at their values, gold buys fewer commodities. We may still be receiving the same number of dollars each week, but the value of these dollars has decreased. Actually our wages have been reduced. Unless they enable us to buy the necessities of life we are not receiving the value of our labor-power from our employers. 1. An increase in the prices of the necessities of life may come from an increase in the value of commodities. We shall have to receive an equal rise in wages if we are to get the value of our labor-power. 2. Wages (or gold) may decrease in value until they no longer will purchase A. Unless we receive more wages accordingly we will be receiving less than the value of our labor-power. Monopoly Prices. NowT all through the preceding chapters I could hear, in imagination, the reformers crying, "But what about monopoly prices?" In the first place, there never was an absolute, permanent monopoly. There are steel mills in China, Japan, Mexico, England and Germany which will supply the American market if the3r can undersell the home product. China is now shipping steel rails into California at a lower price than the American mills supply them. There are still many independent oil companies in many lands. Automobile service, electric car lines,