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Quotes from The Marxian Theory of Value: Das Kapital: A Criticism — Philip Wicksteed

d. 1927 England

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2 quotes

Now the "common something," which all exchangeable things contain, is neither more nor less than abstract utility, i.e. power of satisfying human desires.

The Marxian Theory of Value: Das Kapital: A Criticism (1884)

The equation which always holds in the case of a normal exchange is an equation not of labour, but of abstract utility, significantly called worth.

The Marxian Theory of Value: Das Kapital: A Criticism (1884)

Attribution

Quotes and notes from Wikiquote: Philip Wicksteed (page history), available under CC BY-SA 4.0.