Relative Value quotes

Relative Value

12 quotes on this topic — from poets, philosophers, and thinkers across history.

12 quotes
Karl Marx
Karl Marx Philosopher, Economist

"A commodity has a value because it is a crystallization of social labor. The greatness of its value, or its relative value, depends upon the greater or less amount of that social substance contained in it; that is to say, on the relative mass of labor necessary for its production."

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