3 things i discovered
That Marx's Das Kapital is actually free! - Available on-line
"A commodity is, in the first place, an object outside us, a thing that by its properties satisfies human
wants of some sort or another. The nature of such wants, whether, for instance, they spring from the
stomach or from fancy, makes no difference. Neither are we here concerned to know how the object
satisfies these wants, whether directly as means of subsistence, or indirectly as means of production."
"The utility of a thing makes it a use-value. But this utility is not a thing of air. Being limited by the physical
properties of the commodity, it has no existence apart from that commodity. A commodity, such as iron, corn,
or a diamond, is therefore, so far as it is a material thing, a use-value, something useful. This property of a
commodity is independent of the amount of labour required to appropriate its useful qualities."
"If then we leave out of consideration the use-value of commodities, they have only one common property
left, that of being products of labour."
2 things i found interesting
The value of a commodity, therefore, varies directly as the quantity, and inversely as the productiveness, of the labour incorporated in it.
A thing can be a use-value, without having value. This is the case whenever its utility to man is not due to labour.
Such are air, virgin soil, natural meadows, &c. A thing can be useful, and the product of human labour, without being
a commodity. Whoever directly satisfies his wants with the produce of his own labour, creates, indeed, use-values,
but not commodities. In order to produce the latter, he must not only produce use-values, but use-values for others,
social use-values.
search terms:
Subject heading:
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topic/subtopic Business : Economics : Economists-Adam Smith
vocab list:
useful labour, work, division of labour
3 things i discovered
THE annual labour of every nation is the fund which
originally supplies it with all the necessaries and conveniences
of life which it annually consumes, and which consist always
either in the immediate produce of that labour, or in what is
purchased with that produce from other nations.
I have seen a small
manufactory of this kind where ten men only were employed, and
where some of them consequently performed two or three distinct
operations. But though they were very poor, and therefore but
indifferently accommodated with the necessary machinery, they
could, when they exerted themselves, make among them about twelve
pounds of pins in a day. There are in a pound upwards of four
thousand pins of a middling size. Those ten persons, therefore,
could make among them upwards of forty-eight thousand pins in a
day. Each person, therefore, making a tenth part of forty-eight
thousand pins, might be considered as making four thousand eight
hundred pins in a day. But if they had all wrought separately and
independently, and without any of them having been educated to
this peculiar business, they certainly could not each of them
have made twenty, perhaps not one pin in a day; that is,
certainly, not the two hundred and fortieth, perhaps not the four
thousand eight hundredth part of what they are at present capable
of performing, in consequence of a proper division and
combination of their different operations.
This separation, too, is
generally called furthest in those countries which enjoy the
highest degree of industry and improvement; what is the work of
one man in a rude state of society being generally that of
several in an improved one.
2 things i found interesting
THE greatest improvement in the productive powers of labour,
and the greater part of the skill, dexterity, and judgment with
which it is anywhere directed, or applied, seem to have been the
effects of the division of labour.
In
those great manufactures, on the contrary, which are destined to
supply the great wants of the great body of the people, every
different branch of the work employs so great a number of workmen
that it is impossible to collect them all into the same
workhouse. We can seldom see more, at one time, than those
employed in one single branch. Though in such manufactures,
therefore, the work may really be divided into a much greater
number of parts than in those of a more trifling nature, the
division is not near so obvious, and has accordingly been much
less observed.
1 question i still have
people claim Smith to be the father of modern capitalism, how so?
What's Smith's beef against poor people?
Glossary
Sirs
Trash
http://sks.sirs.com/cgi-bin/hst-site-display?id=SINFOTECHH-0-753&url=http://www.marxists
.org/archive/marx/works/1867-c1/'
Marxists Internet Archive
Summary: Find an English translation of Karl Marx's Das Kapital, which was written in 1867.
The English title is, "Capital: Volume 1, The Process of Production of Capital."
URL: http://www.marxists.org/archive/marx/works/1867-c1/
subject heading: Communism, Economics, Kapital (Book), Marx, Karl (1818-1883),
Money, Philosophy, Marxist, Socialism
vocab list:
commodity
use-value
Exchange-value
3 things i discovered
That Marx's Das Kapital is actually free! - Available on-line
"A commodity is, in the first place, an object outside us, a thing that by its properties satisfies human
wants of some sort or another. The nature of such wants, whether, for instance, they spring from the
stomach or from fancy, makes no difference. Neither are we here concerned to know how the object
satisfies these wants, whether directly as means of subsistence, or indirectly as means of production."
"The utility of a thing makes it a use-value. But this utility is not a thing of air. Being limited by the physical
properties of the commodity, it has no existence apart from that commodity. A commodity, such as iron, corn,
or a diamond, is therefore, so far as it is a material thing, a use-value, something useful. This property of a
commodity is independent of the amount of labour required to appropriate its useful qualities."
"If then we leave out of consideration the use-value of commodities, they have only one common property
left, that of being products of labour."
2 things i found interesting
a commodity. Whoever directly satisfies his wants with the produce of his own labour, creates, indeed, use-values,
but not commodities. In order to produce the latter, he must not only produce use-values, but use-values for others,
social use-values.
1 question i still have
http://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/smith/wealth/wealbk01
SIRS Webselect:
http://sks.sirs.com/cgi-bin/hst-site-display?id=SINFOTECHH-0-753&url=http://socserv2.socsci.mcmaster.ca/
~econ/ugcm/3ll3/smith/index.html');|Adam
McMaster University Department of Economics
Summary: "The History of Thought Archive represents an attempt to gather all material for the study of the history
of economics at one site." (MCMASTER) Find the text of Adam Smith's Wealth of Nations, as well as articles about Smith.
URL: http://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/smith/index.html
subject heading: Economic history, Economics, Economists, Eighteenth century, Smith, Adam (1723-1790),
Wealth of Nations (Book)
search terms:
Subject heading:
Navigation: Webselect -
topic/subtopic Business : Economics : Economists-Adam Smith
vocab list:
3 things i discovered
2 things i found interesting
1 question i still have
people claim Smith to be the father of modern capitalism, how so?
What's Smith's beef against poor people?
search term: parecon
http://sks.sirs.com/cgi-bin/hst-site-display?id=SINFOTECHH-0-753&url=http://www.zmag.org/
parecon/indexnew.htm'
title: ZNet
Summary: "'Participatory Economics (Parecon for short) is a type of economy proposed as an alternative
to contemporary capitalism. The underlying values are equity, solidarity, diversity, and participatory self
management. The main institutions are workers and consumers councils utilizing self managed decision making,
balanced job complexes, remuneration according to effort and sacrifice, and participatory planning.
This page links to articles, interviews, talks, instructionals, Q/A sessions, and books about Parecon
and closely related
matters.' (ZNET)"
URL: http://www.zmag.org/parecon/indexnew.htm
Subject headings: participatory economics
http://sks.sirs.com/cgi-bin/hst-site-display?id=SINFOTECHH-0-753&url=
http://www.zmag.org/parecon/indexnew.htm
3
2
1
vocab: participatory self management, , balanced job complexes
http://www.moraldefense.com/Philosophy/Essays/The_Moral_Basis_of_Capitalism.htm
title of webpage: Center for the Advancement of Capitalism
http://sks.sirs.com/cgi-bin/hst-site-display?id=SINFOTECHH-0-753&url=http:www.moraldefense.com/
Summary: "'The Center for the Advancement of Capitalism is dedicated to advancing individualism and economic freedom throughout America. Browse our Web site for Center's articles and essays, opportunities for activism and more.' (CENTER FOR THE ADVANCEMENT OF CAPITALISM)"
URL: http://www.moraldefense.com/
subject heading: Capital punishment, Death row, Electrocution, Punishment in crime deterrence, Death row inmates, Discrimination in capital punishment, Older people, Older people, Abuse of, Older people, Care, Older people, Statistics, Senior citizens, U.S. Dept. of Health and Human Services, Administration on Aging, AIDS (Disease), AIDS (Disease), Developing countries, AIDS (Disease), Patients, AIDS (Disease), Prevention, AIDS (Disease), Research, AIDS (Disease), Statistics, HIV (Viruses)
3
2
1
vocab
http://www.monthlyreview.org/1001jbf.htm
title of web page:
Sirs Webselect
http://sks.sirs.com/cgi-bin/hst-site-display?id=SINFOTECHH-0-753&url=http://regentsprep.org
/Regents/global/themes/economic/index.cfm' |Economic
Oswego City School District//
Summary: "The study of economic systems includes traditional, market, command, and mixed economies.
All of these systems attempt to answer the same questions. What should be produced? How much?
How should goods be produced? And, for whom?" (OSWEGO CITY SCHOOL DISTRICT)
Learn about economics from prehistoric to modern times.
URL: http://regentsprep.org/Regents/global/themes/economic/index.cfm
subject heading: Barter, Capitalism, Comparative economics, Economic history, Economic policy,
Economics, Economics, Sociological aspects, Marxian economics
3
2
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vocab
Google searches:
search term: Gangs of America
Ms. Tamarkin
title: http://www.gangsofamerica.com/ Gangs of America
citation
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Ms. Tamarkin
title: The Take
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Ms. Tamarkin
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Nike exploitation
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search term: cleanclothes.org
Ms. Tamarkin
title: our brand is crisis
citation
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1
search term: our brand is crisis
google > ourbrandiscrisis.net > image > http://www.kochlorberfilms.com/Theatrical/infopage.aspx?Id=16