The Economics of Socialism

Cover The Economics of Socialism
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The lowest possible quality of deleterious but saleable gin is, for them, on the same plane as the very best description of agreeable and strengthening wine — so long as the poisonous alcohol is easily and profitably disposed of.
Moreover, the capitalists themselves, as well as the wage- earners they employ, have no control whatever over the articles which they have produced for sale. The commodi- ties go out upon the market for exchange, and realisation for profit, and when that is done, all c
...ommand over them passes to others. These articles likewise are of no use to those who, as wage-earners, turn them out for the capital- ists : the capitalists and the workers themselves, with their means of creating wealth, are merely the animate and inani- mate means whereby raw materials are converted into ex- changeable wares, or goods, which comprise in themselves the power to be exchanged, to be sold for money, to realise the amount of value in all the capital paid out for wear- 144 THE ECONOMICS OP SOCIALISM and-tear of machinery and tools, raw materials, incidental materials, depreciation of buildings, waggons, &c., and wages, plus the additional labour-value embodied in the ex- changeable articles to be sold.

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