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

08 
ON PROFITS. 
value of the share has risen, estimated in 
any of the articles produced, the value of pro- 
fits has undoubtedly risen. Suppose, for in- 
stance, the value to be estimated in quarters of 
corn, and that at the first period the whole 
share of the capitalist was an aggregate of 1000 
coats, hats, and quarters of corn* ; and suppose 
further a quarter of corn to exchange for a coat 
or a hat, then his share estimated in corn would 
be worth 1000 quarters of corn; but after the 
produce was doubled, his share would be an 
aggregate of 2000 coats, hats, and quarters of 
corn, and would consequently be worth 2000 
quarters of corn, or double its former value in corn. 
3. If it is meant to inquire whether, when the 
product of labour was doubled, the profits of 
the capitalist would rise in their aggregate value 
estimated in labour, the reply is, evidently not. 
For as the labourer, by the supposition, obtains 
double the former quantity of commodities, 
double the quantity of commodities must be 
given for the same quantity of labour, and of 
* See Chapter viii, on the Methods of Estimating Value.
	        
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