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Cost the Limit of Price

by Alphascript Publishing
State: New
£33.12
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Alphascript Publishing Cost the Limit of Price
Alphascript Publishing - Cost the Limit of Price

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£33.12 incl. VAT
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Delivery: between 2021-05-17 and 2021-05-19
Sales & Shipping: Dodax EU

Description

Cost the limit of price was a maxim coined by Josiah Warren, indicating a (prescriptive) version of the labor theory of value. Warren maintained that the just compensation for labor (or for its product) could only be an equivalent amount of labor (or a product embodying an equivalent amount).Thus, profit, rent, and interest were considered unjust economic arrangements. As Samuel Edward Konkin III put it, "the labor theory of value recognizes no distinction between profit and plunder."In keeping with the tradition of Adam Smith's The Wealth of Nations,the "cost" of labor is considered to be the subjective cost; i.e., the amount of suffering involved in it.

Further information

Language:
Englisch
Number of Pages:
152
Media Type:
Taschenbuch
Publisher:
Alphascript Publishing

Master Data

Product Type:
Paperback book
Package Dimensions:
0.22 x 0.15 x 0.009 m; 0.227 kg
GTIN:
09786130282424
DUIN:
AIV2VJ8M6T7
£33.12
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