The Socialism of to-day

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Monograph

Identifikator:: 835096955

URN:: urn:nbn:de:zbw-retromon-28834

Document type:: Monograph

Author:: Laveleye, Émile de

Title:: The Socialism of to-day

Place of publication:: London

Publisher:: Field & Tuer

Year of publication:: 1884

Scope:: 1 Online-Ressource (XLIV, 331 S.)

Collection:: Economics Books

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ÁTA/ÍL MARX. 35 ns st on th,s pent : ,t .s the essence of the matter. A little tatience in foUowing these discussions, sometimes dry enough f™ L K r f"" 'hat they concern the ver^ They are the produce of equal efforts during the same period • have they the ^me value? No; the roebuck will feed me fr : :: a .otde, Ä :^f % former has not required twice as much labour as the latter that IS to say ordinarily and always, less labour. Butter sells at eighteenpence per pound, and yet it is the almost spun- taneous product of the grass that the cow grazes. Thus we sometimes obtain for the same amount of effort very unequal values, and sometimes equal values for unequal quantities of labour. Value, then, is not in proportion to labour. Beyond question, labour is an essential element of value but wherever scarcity, that is to say natural or social monopoly’ dlZnT^'""' “ ""''-hibour is not the sole In reality, value springs from utility. We estimate things according to the advantages that they obtain for us. An The word '^alui^" rtt%ok^c%c!^la%r.Cl%r'' osely, we shall see that rarity is only a form of utility. The useful ir "" uT' more ' """ 1)« “a possession. If, on the other hand, I

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