A Difficult Road: The Transition to Socialism in Mozambique by John S. Saul

By John S. Saul

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However, since men are themselves the producers of their commodities and can normally replace these by means of labour, they have no reason to value their products only according to their ranking of needs [Bedürfnisstaffel]. , pp. 426–7). The importance of the ‘objective factor’—the amount of labour needed in the production of a product—can even be seen in the case of the ‘isolated economy’, provided it is not forgotten that the majority of goods are reproducible. , p. e. address the problem of an economy characterized by commodity production and free competition.

P. 551). e. the ruling prices for different kinds of labour power. KURZ followers are inclined to believe: he has formulated with greater clarity and conceptual consistency what is already to be found in his precursors. ’ Marx’s explanation of nonwage incomes in terms of the ‘privileged positions’ held by some members of society due to capital or landed property was indeed anticipated by earlier authors. Moreover, Bernstein contends, essentially the same explanation, revolving around a generalized concept of ‘rent’, is given by those English socialists who have accepted the marginal utility doctrine….

P. 130). He expounds: A commodity…can be the expression of social relationships only in so far as it is itself contemplated as a product of society, as a thing on which society has stamped its imprint. KURZ exchanges nothing, the commodity is nothing more than a product of labor. Moreover, the members of society can only enter into economic relationships one with another according as they work one for another. , pp. 130–1) There is a second aspect mentioned by Hilferding in support of the idea that labour, and labour alone, forms the ‘substance’ of value.

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