08

ON PROFITS.

value of the share has risen, estimated in
any of the articles produced, the value of profits
 has undoubtedly risen. Suppose, for instance,
 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.