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

NOTES AND ILLUSTRATIONS. 241

an alteration of the ratio of value of one particular commodity
 to other commodities.” — Treatise on Pol. Econ.
translated by C. R. Prinsep, book ii, chap. 3.

NOTE B (page 61).

The source of such barren and paradoxical propositions
 as are noticed in the text, is to be found in the
notion of real value; and that notion being conceded as
a preliminary, these propositions logically follow from it.
We must look for the original fallacy therefore in the notion
itself, the intrinsic inconsistency of which has been already
sufficiently exposed.

NOTE C (page 70).

To avoid misconception it may be necessary to state,
that in this and the preceding chapter iv has been intended
simply to explain the nature of a rise in the value of labour
and a rise in profits, not the causes on which they depend,
or the way in which they actually take place. In maintaining
 that there is no inconsistency in supposing a simultaneous
 rise of labour and of profits, I profess not to enter
 into the question whether such a rise does ever or can
ever take place, but contend solely, that im cases of improved
 productive power, the product might be so divided,
that the rate of profits should be increased, while the
value of labour was enhanced ; and that this would be ne-
            
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