Synopses & Reviews
Synopsis
Excerpt from Science of Value Solving It
This fact brings about the utmost confusion of theory. It is taken for granted that a condition for a part of the total price for goods must effect the whole price list in the same way, but such is not the case. Because it rains today does not decide that it must rain every day. The law for living things is a law of great classes and is not a law for each unit of any class as it is in material things.
It is true the wages of labor must balance with the selling price of the whole product, but such a balance would be impossible if the producing labor was paid the market price for each product and no account was taken of the other labor that must buy what it does not produce.
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