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Shop talks on economics
Image 49
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Marcy, Mary, 1877-1922. Shop talks on economics - Image 49. 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/872.

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 49. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from http://digital.lib.uh.edu/collection/scpamp/item/892/show/872

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 49, 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/872.

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 49
Format (IMT)
  • image/jpeg
File Name uhlib_3783716_048.jpg
Transcript VII. Wages. There are several ways whereby wage-workers may try to improve their condition today. In Lesson Y we discussed Low Prices and their effect upon the condition of working class life. We discovered that as the prices on the necessities of life fall, wages fall proportionately, because of the competition among wage- workers for jobs. It would be impossible for an employer of labor arbitrarily to lower wages, just as it is impossible for capitalists arbitrarily to raise the prices on commodities. The conditions must be favorable to such a rise or fall in prices. It is the Army of Unemployed men and women that force wages (or the price of labor- power) down when the cost of living falls. We were unable to find where low prices would benefit the working class. Tn discussing prices in the last two lessons, we have not said much about wages, or the price of labor- power. Labor-power is a commodity just as stoves, coats or flour are commodities. And the value and ]»rice of labor-power are determined exactly as the price and value of all other commodities are determined. Wage-workers are always trying to get higher wages, or a better price for their labor-power. 47