Quotes About Commodities

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.

It is therefore utterly false to say that Marx revokes the law of value as far as individual commodities are concerned, and maintains it in force solely for the aggregate of these commodities.

It has never been so clear that the content-- here, culture, elsewhere, information or commodities-- is nothing but the phantom support for the operation of the medium itself, whose function is always to induce mass, to produce a homogeneous human and mental flux. An immense to-and-fro movement similar to that of suburban commuters, absorbed and ejected at fixed times by their workplace.

Daniel Masters is a master of the commodities markets with over 30 years experience. His bitcoin strategy is based on the parallels he sees from the oil industry in 1999 to the current state of bitcoin.

Byproduct of the circulation of commodities, human circulation considered as a form of consumption, tourism comes down fundamentally to the freedom to go and see what has become banal. The economic planning of the frequenting of different places is already in itself the guarantee of their equivalence. The same modernization that has withdrawn the element of time from journeying, has also withdrawn the reality of space.

a conspiracy of rich men procuring their own commodities under the name and title of a commonwealth" fitted England very accurately during these years.

Civilization on Earth planet was equated with selfishness and greed; those people who lived in a civilized state exploited those who did not. There were shortages of vital commodities on Earth planet, and the people in the civilized nations were able to monopolize those commodities by reason of their greater economic strength. This imbalance appeared to be at the root of the disputes.

The people recognize themselves in their commodities they find their soul in their automobile, hi-fi set, split-level home, kitchen equipment.

Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization stocks, small cap, emerging markets, fixed income, real estate and commodities.

If we take the word "need" to mean something basic to human survival—food, shelter, clothing—or basic to human contentment—peace, love, safety, companionship, intimacy, a sense of fulfillment—these will be sought and found by people whether or not there is advertising. In fact, advertising intervenes between people and their needs, separates them from direct fulfillment and urges them to believe that satisfaction can be obtained only through commodities.

Capitalism does not require us to hold a particular set of cognitive beliefs; it only requires that we act as if certain beliefs (about money, commodities etc) are true. The rituals are the beliefs, beliefs which, at the level of subjective self-description, may well be disavowed.

Plastics. Polyesters. Resins. Ersatz—industrial uses. Do you see? No consumers' commodities.

Aveva trattato ogni genere di merce - stoffe, spezie, cereali, animali, navi, oro e argento - e conosceva il prezzo degli schiavi, ma quanto valeva un amico?

Always be aware that every moment you are spending money, you are not exchanging commodities but you are spending the time, the energy, and respect that your parents earned by working hard.

Our market-intensive societies measure material progress by the increase in the volume and variety of commodities produced. And taking our cue from this sector, we measure social progress by the distribution of access to these commodities. Economics has been developed as propaganda for the takeover by large-scale commodity producers.

A society dedicated to the protection of equally distributed, modern and effective tools for the exercise of productive liberties cannot come into existence unless the commodities and resources on which the exercise of those liberties is based are equally distributed to all.

Housework, handicrafts, subsistence agriculture, radical technology, learning exchanges, and the like are degraded into activities for the idle, the unproductive, the very poor, or the very rich. A society that fosters intense dependence on commodities thus turns its unemployed into either its poor or its dependents.

Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.

We discovered that safety and security are commodities you can sell in return for excitement but you can never buy them back.

It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other commodities more urgently demanded by consumers. The authority may reduce the price of one commodity only by raising the prices of others.

Local differences in the prices of commodities whose natures are technologically identical are to be explained on the one hand by differences in the cost of preparing them for consumption (expenses of transport, cost of retailing etc.) and on the other hand by the physical and legal obstacles that restrict the mobility of commodities and human beings.

To recapitulate: the exchange-ratio subsisting between commodities and money is everywhere the same. But men and their wants are not everywhere the same, and neither are commodities. Only if these distinctions are ignored is it possible to speak of local differences in the purchasing power of money or to say that living is dearer in one place than in another.

Once an exchange-ratio between money and commodities has been established in the market, it continues to exercise an influence beyond the period during which it is maintained; it provides the basis for the further valuation of money. Thus the past objective exchange-value of money has a certain significance for its present and future valuation. The money-prices of to-day are linked with those of yesterday and before, and with those of to-morrow and after.