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Shop talks on economics
Image 53
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Marcy, Mary, 1877-1922. Shop talks on economics - Image 53. 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/876.

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 53. Socialist and Communist Pamphlets. Special Collections, University of Houston Libraries. Retrieved from http://digital.lib.uh.edu/collection/scpamp/item/892/show/876

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 53, 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/876.

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 53
Format (IMT)
  • image/jpeg
File Name uhlib_3783716_052.jpg
Transcript SHOP TALKS ON ECONOMICS 51 in the manufacture of clothing. The competition among capitalists often brings the prices on these things below the rates charged before the workers re- c iived their increase, until these capitalists find they can make more money in other fields, when they invest in other industries and prices fall to what thsy wer^ before the rise in wages. On the very last page of Value, Price and ffroiit, Marx says again: "A general rise in the rate of wages would result,1 in a fall of the general rate of profit, but, broadly speaking, not affect the prices of commodities.' QUESTIONS. If you were getting three dollars a day for digging go! 1 out of a mine and you secured $4.00 by striking, would tLeie be as much surplus value left for your Ross as before? On what do wage-workers usually spend their money 1 On luxuries? If the working CLASS is able to force up wages two dollars a week for evovy man and woman, will they spend the increase on automobiles, trips to Europe, or upon more and better clothing and food? What happens when there is a sudden increased demand for a commodity? Does the price of this commodity rise or fall (temporarily) ? If the capitalist producing this commodity, for which there is a suddenly increased demand, is able to get higher prices for it, will this attract other capitalists into the same field of production in the hope of securing bigger proii What happens when several big capitalists fight for a field of production where prices are high? Do prices fall? Do these capitalists remain producing a commodity after its price falls so low that they cannot make the average fate of profit?