rise of prices for a rise
| (a.) Wages in particular employments? | |
|---|---|
| (b.) General wages? |
How does this question bear on the efficacy of trades-unionism?
- Do values depend on wages?
- Explain the following statement: “It is true the absolute wages paid have no effect upon values; but neither has the absolute quantity of labor.”
- Explain the statement that “high general profits can not, any more than high general wages, be a cause of high values.... In so far as profits enter into the cost of production of all things, they can not affect the value of any.”
- Explain fully why it is that capitalists can not compensate themselves for a general high cost of labor