1. Value And Price
... other industries the price would not necessarily reflect the value of the commodity. Now this brings up the question of the relationship between price and value. Prices can be said to be fixed by the capitalist on how much it costs to produce, package and ship the commodity to market. In actuality price does not take into account the surplus labor added to the commodity by the laborer. By selling commodities at its value, the capitalist would ... realize a profit that does not take into account the labor that went into the machines, tools and labor of the workmen. So the actual value an...
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