...in exactly the same situation in their ability to get their snouts in the Olympic trough. If it is "by labour, that all the wealth of the world was originally purchased," as Smith explains, then, even in capitalism's terms, African Americans in Atlanta and elsewhere are...

...as it was ultimately the source of everything that possessed value. 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...

...productive powers of those labourers who had before been employed," (Smith 1937, p. 326) and again, "It was not by gold or by silver, but by labour, that...the wealth of the world was originally purchased" (Smith 1937, p. 30). Once a small class came to own the means of production, however, it acquired the...

...statement Smith is often assumed to have argued for a "labor theory of value." He does go on to argue that "it was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased."2 This is the sort of passage that made Smith such a worthy figure in Marx's eyes, for here...

...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...

...Life You Want, Create the Work You Love (1995), and The Mentor's Spirit (1998). The Wealth of Nations It was not by gold or by silver, but by labour, that...the wealth of the world was originally purchased. It is not from the benevolence of the butcher, the brewer or the baker that we expect our dinner, but...

...subjectivistic manner of the marginal utility school. 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...

...justice, and practicable, and efficient in the highest degree. LABOUR. "Labour was the first price, the original purchase-money, that was paid for all things....the wealth of the world was originally purchased. "50g "Every man in society ought to belong to one class of producers or the other, or to stimulate...

...the real measure of the exchangeable value of all commodities. ... Labour was the first price, the original purchase-money that was paid for all things....the wealth of the world was originally purchased." durch die Menge der für ihren Erhalt notwendigen und insofern unveränderbaren Gütermenge bestimmt....

...properly articles of wealth now originates. I do not mean merely to say, as Adam Smith said, that it was " by labour that all the wealth of the world was originally purchased." I mean to say that it is by labour that it is now purchased. Nothing, indeed, can be clearer than this....