Help


[permalink] [id link]
+
Page "Commodity" ¶ 47
from Wikipedia
Edit
Promote Demote Fragment Fix

Some Related Sentences

Marx and held
In February 1936, shortly before the purge started in earnest, Bukharin was sent to Paris by Stalin to negotiate the purchase of Marx and Engels archives, held by the German Social Democratic Party ( SPD ) before its dissolution by Hitler.
Marx and Engels held the view that the consciousness of those who earn a wage or salary ( the " working class " in the broadest Marxist sense ) would be moulded by their " conditions " of " wage-slavery ", leading to a tendency to seek their freedom or " emancipation " by overthrowing ownership of the means of production by capitalists, and consequently, overthrowing the state that upheld this economic order.
Religion, Marx held, was a significant hindrance to reason, inherently masking the truth and misguiding followers.
Once Engels made it to Britain, he decided to re-enter the Manchester company in which his father held shares, in order to be able to support Marx financially so he could work on his masterpiece " Das Kapital ".
However, Marx held that the value and price of any commodity would coincide only when demand and supply were equivalent to each other.
The TV Times world yo-yo championship was held in the United Kingdom in 1974 with heats across the United Kingdom and a final in London in 1975, the championship was sponsored by the Louis Marx toy company with the ' Lumar ' brand of yo-yo.
Agreeing with the link between capitalism and civil society, Marx held that the latter represents the interests of the bourgeoisie.
" According to Marx, this began with the phase of primitive communism ( hunter-gatherer society ), after which the Neolithic Revolution gave way to slave societies, progressing into the feudal society, and then into his present era of the Industrial Revolution, after which he held that the next step was for the proletariat to overthrow the owners of industry and establish a socialist society, which would further develop into a communist society, in which class distinctions, money, and the state would have withered from existence entirely.
This result, which orthodox Marxists believe is a principal contradictory characteristic leading to an inevitable collapse of the capitalist order, was held by Marx and Engels to, as a result of various contradictions in the capitalist mode of production, result in crises whose resolution necessitates the emergence of an entirely new mode of production as the culmination of the same historical dialectic that led to the emergence of capitalism from prior forms.
Part of his theory is the impossibility of ' socialism in one country ' – a view also held by Marx, but not integrated into his conception of permanent revolution.
It will be noted that at no stage does Marx make the central claim with which Trotsky's conception ( see below ) of ' permanent revolution ' is concerned-i. e., that it is possible for a country to pass directly from the dominance of the semi-feudal aristocrats, who held political power in Russia in the early part of the 19th century, to the dominance of the working class, without an interceding period of dominance by the bourgeois.
The reason Marx and Engels wanted to find D ' Ester was that he had been elected to the Central committee of the German Democrats together with Reichenbach and Hexamer at the Second Democratic Congress held in Berlin from October 26 through October 30, 1848.
Evola further held that Jewish people denigrated lofty " Aryan " ideals ( of faith, loyalty, courage, devotion, and constancy ) through a " corrosive irony " that ascribed every human activity to economic or sexual motives ( à la Marx and Freud ) ( Kevin Coogan, Dreamer of the Day: Francis Parker Yockey and the Postwar Fascist International, p. 309 ).
He read Karl Marx's Communist Manifesto and Das Kapital, Harold Laski's " Communism ", and " came to the conclusion that while Marx stood for a harmonised social system, Sri Aurobindo held the key to a harmonised human personality.
Most of the 19th century pioneers of social theory and sociology, like Saint-Simon, Comte, Marx, John Stuart Mill or Spencer, never held university posts.
At a congress held in London in June 1847 the League of the Just merged with members of the Communist Corresponding Committee headed by Karl Marx and Friedrich Engels, adopting a new organizational charter and programme and reconstituting itself as the Communist League.
At a dinner party held in the home of Samuel Goldwyn, she was seated next to Harpo Marx and found him fascinating.
Marx held that the rate of surplus-value is determined by struggle between the working class and the capitalist class.
A second referent is the materialist conception of history held by many socialists, most notably Marx and Engels, as well as their philosophic concept of dialectical materialism.
Here, he held lectures on Marx ’ critique of political economy, on the history of the workers movement and served as critical co-referent at seminars with other guests such as Maximilien Rubel, Ernest Mandel, Joan Robinson and others.
By 1920 he was chief editor of that newspaper, a position first held by Karl Marx.
Marx for instance would not accept that the state was the seat of universality and rationality, i. e. that it was inherently rational, and made it his goal to prove that the difference between civil society, which Hegel held to be the sphere where individual interest is pursued in conflict with the interests of others, and the state, where such conflicts are transcended, was in fact misplaced, the goal of the proletariat being in fact to abolish such differences.
Harpo Marx and Gummo Marx held minority interests at the opening.

Marx and price
However, Karl Marx never used the phrase " labor theory of value " to describe his theory of value, but instead made reference to a law of value, which is not to be confused with the classical economics concept of labor theory of price.
Both David Ricardo and Karl Marx attempted to quantify and embody all of the labor components in order to set the real price, or natural price of a commodity.
Rather, for Marx, price equal the cost of production ( capital-cost and labor-costs ) plus the average rate of profit.
Marx distinguished sharply between value and price, in part because of the sharp distinction he draws between the production of surplus-value and the realisation of profit income ( see also value-form ).
In these theories, surplus product and surplus value are equated, while value and price are identical, but the distribution of the surplus tends to be separated theoretically from its production ; whereas Marx insists that the distribution of wealth is governed by the social conditions in which it is produced, especially by property relations giving entitlement to products, incomes and assets ( see also relations of production ).
Nevertheless, it seems undeniable that all the major classical economics and Marx explicitly rejected the labor theory of price ().
Such were the political-economy arguments of the economists whom Karl Marx criticized when they spoke of the " natural equilibria " of markets, as if the price ( value ) of a commodity were independent of the volition and initiative of the capitalist producers, buyers, and sellers of commodities.
During the 1980s, K-Line filled much the same role that Marx had in the model railroading arena, supplying similar trains at a lower price than Lionel, but with less prestige.
Marx responded by moving production of its typewriter toy to Japan in order to undercut Unique's price.
In the third volume of Das Kapital, Marx discusses how the market value ( or " regulating price ") of a commodity may be determined under different conditions of demand and productivity.
Marx acknowledges that a nominal price or value can be imputed to goods or assets which are not reproducible goods and not produced by human labour.
Strictly speaking, the exchange value of a commodity is for Marx not identical to its price, but represents rather what ( quantity of ) other commodities it will exchange for, if traded.
Marx regards money-wages and salaries as the price of labour power ( though workers can also be paid " in kind "), normally related to hours worked or output produced.
Another clarification is that Marx may have used the terms fixed and variable capital to emphasize the idea that the input cost of compensation can be varied by the enterprise, which sets the compensation levels of its workers, whereas the price of the other input factors sold to the company is " fixed ," insofar as it is set by external vendors.
The market appears from the early Middle Ages where the function of interest on money lending was strictly prohibited ; one of the reasons being that the church was the main institution lending money at interest on church property where rental income was charged on church property a primary source of income for the church and it would have brought down the price of the church rental income if faced with rival competitors ( Marx goes into more detail on this in Capital Vol III ).
According to Marx, the treatment of labor as a commodity led to people valuing things more in terms of their price rather than their usefulness ( see commodity fetishism ), and hence to an expansion of the system of commodities.
Marx defines " capital " as money and " capitalist production " as the use of money to denominate wealth ; these labels refer to John Stuart Mill's definition of value in a market economy as being the going price for a good or service.
However, Marx himself never argued that surplus labour was a sufficient condition for profits, only an ultimate necessary condition ( Morishima aimed to prove that, starting from the existence of profit expressed in price terms, we can deduce the existence of surplus value as a logical consequence ).
Marx argues that the cost structures and price structures for products are, in general, determined by the law of value.
A price can be attached to almost any object, but this does not automatically mean that the object also has a value in Marx ’ s sense.
Both Smith and Ricardo deeply believed that price structures for products were determined by the law of value ; but, Marx argued, neither of them could explain how that value-price relationship operated, without contradicting themselves.
Even if goods sell at an abnormally low or high prices, that abnormality relates to a " normal " referent price, and it is precisely that price which, according to Marx, is constrained by the law of value, i. e. by the proportionalities of human labour-time reflected in the cost structure of products.

0.309 seconds.