Title | Wage labour and capital |
Creator (LCNAF) |
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Contributor (LCNAF) |
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Publisher | International Publishers |
Place of Creation (TGN) |
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Date | 1932 |
Subject.Topical (LCSH) |
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Genre (AAT) |
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Language | English |
Type (DCMI) |
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Original Item Extent | 48 pages; 20 cm |
Original Item Location | HB301.M3813 1932 |
Original Item URL | http://library.uh.edu/record=b8302360~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 | In Copyright: This item is protected by copyright. Copyright to this resource is held by the creator or current rights holder, and the resource is provided here for educational purposes. It may not be reproduced or distributed in any format without permission of the copyright owner. Users assume full responsibility for any infringement of copyright or related rights. |
Note | Translation of Lohnarbeit und Kapital. |
File Name | index.cpd |
Title | Image 27 |
Format (IMT) |
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File Name | uhlib_2981922_026.jpg |
Transcript | BY WHAT IS PRICE DETERMINED? 25 apply ibove is al- fince high e an the luc- and uc- %ys ip- tie, he ce by production are balanced by the periods in which it sinks below the cost of production, and vice versa. Of course this does not hold good for a single given product of an industry, but only for that branch of industry. So also it does not hold good for an individual manufacturer, but only for the whole class of manufacturers. The determination of price by cost of production is tantamount to the determination of price by the labour-time requisite to the production of a commodity, for the cost of production consists, frst of raw materials and wear and tear of tools, etc., i.e., of industrial products whose production has cost a certain number Of work-days, which therefore represent a certain amount of labour-time, and, secondly, of direct labour, which is also measured by its duration. )e )- if n |