Critique of Political Economy
NovelToon

Episode 22

The difference between exchange-value and price is,on the one hand,merely nominal;as Adam Smith says,labour is the real price of commodities and money their nominal price.Instead of saying that one quarter of wheat is worth thirty days'labour,one now says it is worth one ounce of gold,when one ounce...

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Critique of Political Economy

Episode 22

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