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Rudolf Hiferding Quotes

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Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another  (Rudolf Hiferding Quotes) It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon the simple production of commodities  (Rudolf Hiferding Quotes) Since, however, the reduced surplus value is to be distributed among them in like manner, the modification of their respective parts in the production of surplus value must find expression in a modification of the prices  (Rudolf Hiferding Quotes) The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial capital to acquire control of production as well  (Rudolf Hiferding Quotes) The object of the law of value is to elucidate the actual exchange relations of commodities  (Rudolf Hiferding Quotes)