It is therefore utterly false to say that Marx revokes the law of val… — Rudolf Hiferding

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.

Rudolf Hiferding

More from Rudolf Hiferding

Freedom is a man's natural power of doing what he pleases, so far as he is not prevented by force or law. — Marcus Tullius Cicero
When I was a girl, the West was still young, and the law of force, of physical force, was dominant. — Agnes Smedley
How long soever it hath continued, if it be against reason, it is of no force in law. — Edward Coke
The object of the law of value is to elucidate the actual exchange relations of commodities. — Rudolf Hiferding
Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another. — Rudolf Hiferding
The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial capital to acquire control of production as well. — Rudolf Hiferding