Die freiwilligen sozialen Fürsorge- u. Wohlfahrtseinrichtungen in Gewerbe, Handel u. Industrie im Deutschen Reiche

A critical dissertation on the nature, measures and causes of value

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Monograph

Identifikator:: 100669000X

URN:: urn:nbn:de:zbw-retromon-18753

Document type:: Monograph

Title:: Die freiwilligen sozialen Fürsorge- u. Wohlfahrtseinrichtungen in Gewerbe, Handel u. Industrie im Deutschen Reiche

Place of publication:: Halle a.S.

Publisher:: Carl Marhold Verlagsbuchhandlung

Year of publication:: 1913

Scope:: 1 Online-Ressource (X, 70, 441 Seiten)

Digitisation:: 2017

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: III. Allgemeines und Spezielles über Entwicklung und Stand der Wohlfahrtspflege

Collection:: Economics Books

| 292 ON MEASURES confounded two perfectly distinct ideas, name- ly, measuring the value of commodities, and ascertaining in which commodity, and in what degree, the causes of value have varied. For suppose we had such a commodity as he requires for a standard : suppose, for instance, all commodities to be produced by labour alone, and silver to be produced by an invari- able quantity of labour. In this case silver would be, according to Mr. Ricardo, a perfect measure of value.” But in what sense? What is the function performed? Silver, even if in- variable in its producing labour, will tell us nothing of the value of other commodities. Their relations in value to silver, or their prices, must be ascertained in the usual way, and when ascertained, we shall certainly know the values of commodities in relation to each other : but in all this there is no assistance derived from the circumstance of the producing labour of silver being a constant quantity. But it is the fluctuations of commodities which this invariable standard is to ascertain or

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