11+ Rudolf Hilferding Quotes On Rudolf Steiner, German

Rudolf Hilferding was an Austrian economist and politician. He was a key figure in the development of the Austrian school of economic thought, and is best known for his book Finance Capital, which was published in 1910. He was a major influence on the development of Marxist economic theory, and was a member of the Social Democratic Party of Germany. Following is our collection on famous quotes by Rudolf Hilferding on rudolf steiner, german, love.

The publication of the third volume of Capital has made hardly any impression upon bourgeois economic science. — Rudolf Hilferding

For in the theoretical field bourgeois economics no longer engages in blithe and joyous fights. — Rudolf Hilferding

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 Hilferding

But whether, for example, a coat can be exchanged for twenty yards of linen cloth or for forty yards is not a matter of chance, but depends upon objective conditions, upon the amount of socially necessary labor time contained in the coat and in the linen respectively. — Rudolf Hilferding

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 Hilferding

As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production. — Rudolf Hilferding

The object of the law of value is to elucidate the actual exchange relations of commodities. — Rudolf Hilferding

It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon the simple production of commodities. — Rudolf Hilferding

Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition. — Rudolf Hilferding

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 Hilferding

Since, however, the reduced surplus value is to be distributed among them in like manner, the modification of their respective parts in the production of surplus value must find expression in a modification of the prices. — Rudolf Hilferding

Life Lessons by Rudolf Hilferding

1. Rudolf Hilferding's work emphasizes the importance of government regulation and intervention in the economy in order to create a more equitable economic system.
2. He argued that the state should act as a counterweight to the power of large corporations and should protect the interests of workers and small businesses.
3. His work also highlights the need for a strong welfare system to provide a safety net for those in need and to ensure economic stability.