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" Labour was the first price, the original purchasemoney that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange... "
Blackwood's Edinburgh Magazine - Page 172
1856
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Struggling Russia, Volume 1

1919 - 438 pages
...time to contain the value of an equal quantity. Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased; and its value to those who possess...
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The Functions of Money: A Handbook Dealing with the Subject in Its Practical ...

William Frederick Spalding - 1921 - 208 pages
...first price, the original purchase money that was paid for all things ; it was neither by gold nor by silver, but by labour, that all the wealth of the world was originally purchased. But neither in the hunter stage of development nor in later stages can we conceive the idea entering...
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La formation historique de l'économie politique

Paul Ghio - 1923 - 210 pages
...is supposed at the time to contain the value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things....wealth of the world was' originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely...
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The Labour Theory of Value in Karl Marx

Horace William Brindley Joseph - 1923 - 184 pages
...exchangeable value of all commodities. . . . Labour was the first price, the original purchase money that was paid for all things. It was not by gold or...wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely...
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Equitable Society and how to Create it

Warren Edwin Brokaw - 1927 - 396 pages
...time to contain the value of an equal quantity. Labor was the first price, the original purchase money that was paid for all things. It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased; and its value, to those who possess...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - 1922 - 522 pages
...to contain the value of an equal quantity. Labour was the first price, the original purchase-motiey that was paid for all things. It was not by gold or by silver, but bv 1 [' La nchesse en elle-mSroe n'est autre chose que la nourriture, tes comraoditfcs a Ir » agrtments...
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A Review Of Economic Theory

Edwin Cannan - 1964 - 480 pages
...is supposed at the time to contain the value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things....wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely...
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Adam Smith - politische Philosophie und politische Ökonomie

Manfred Trapp - 1987 - 376 pages
...quantity. Labour was the first price, the original purchase-money that was paidfor all things. It is not by gold or by silver, but by labour, that all the wealih ofthe world was originally purchased, and its value, to those who possess it and who want to...
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The Foucault Effect: Studies in Governmentality

Michel Foucault - 1991 - 322 pages
...which had, however, been invented by the very economists against whom the text is directed: 'It is by labour that all the wealth of the world was originally purchased.' On the other hand - and this to my mind is far more interesting - it attacks what it calls capitalist...
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The Early Origins of the Social Sciences

Lynn McDonald - 1995 - 412 pages
...thing really costs ... is the toil and trouble of acquiring it ... Labour was the first price, the original purchase-money that was paid for all things....labour, that all the wealth of the world was originally purchased."25 The notions of productive and unproductive labour are part of the early history of the...
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