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Commodity Quotes

Browse 606 quotes about Commodity.

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Commodity Quotes

“One of the most important axioms is, that as the quantity of any commodity, for instance, plain food, which a man has to consume, increases, so the utility or benefit derived from the last portion used decreases in degree. The decrease in enjoyment between the beginning and the end of a meal may be taken as an example.”

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Book:Papers and correspondence of William Stanley Jevons
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“The bourgeois public sphere may be conceived above all as the sphere of private people come together as a public; they soon claimed the public sphere regulated from above against the public authorities themselves, to engage them in a debate over the general rules governing relations in the basically privatized but publicly relevant sphere of commodity exchange and social labor.”

PeopleMayTogetherSocialAuthorityLaborRelationDebateSpheresRelevantCommodityGoverningBourgeois
Author:Jurgen Habermas
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“The proposition of Mr. Ricardo, which states that a rise in the price of labour lowers the price of a large class of commodities, has undoubtedly a very paradoxical air; but it is, nevertheless, true, and the appearance of paradox would vanish, if it were stated more naturally and correctly.”

IfsStatesClassAirAppearanceLabourParadoxNeverthelessCommodityPropositionsParadoxical
Book:Principles of Political Economy: Considered with a View to Their Practical Application
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“If one fourth of the capital of a country were suddenly destroyed, or entirely transferred to a different part of the world, without any other cause occurring of a diminished demand for commodities, this scantiness of capital would certainly occasion great inconvenience to consumers, and great distress among the working classes; but it would be attended with great advantages to the remaining capitalists.”

IfsWorldDifferentCountryWould BeCausesClassDemandAdvantageDestroyedOccasionsConsumersCapitalistFourthDistressCommodityWorking ClassInconvenience
Author:Thomas Malthus
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“I have endeavoured to show that the ability to pay taxes depends, not on the gross money value of the mass of commodities, nor on the net money value of the revenue of capitalists and landlords, but on the money value of each man's revenue compared to the money value of the commodities which he usually consumes.”

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Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch
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“It has therefore been justly observed that however honestly the coin of a country may conform to its standard, money made of gold and silver is still liable to fluctuations in value, not only to accidental, and temporary, but to permanent and natural variations, in the same manner as other commodities.”

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Book:The Works of David Ricardo ...
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“The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.”

Has BeensPoliticalOpinionEconomySourceDependsDemandErrorsProportionCommodityAxiomsPolitical EconomySupply And Demand
Book:The Works of David Ricardo. With a notice of the life and writings of the author: by J. R. McCulloch
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“Society established gold and silver as a circulating medium and as a legal tender in order that exchanges of commodities might be facilitated; but society blundered in so doing; for, by this very act, it gave to a certain class of men the power of saying what exchanges shall, and what exchanges shall not, be facilitated by means of this very circulating medium. The monopolizers of othe precious metals have an undue power over the community: they can say whether money shall, or shall not, be permitted to exercise its legitimate functions.”

MenMeanMightCertainOrderCommunityClassExerciseGoldFunctionMediumsSilverMetalsCommodityGold And SilverPrecious Metal
Book:Socialistic, Communistic, Mutualistic, and Financial Fragments
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“In the long run, though, the greatest IT risk facing most companies is more prosaic than a catastrophe. It is, simply, overspending. IT may be a commodity, and its costs may fall rapidly enough to ensure that any new capabilities are quickly shared, but the very fact that it is entwined with so many business functions means that it will continue to consume a large portion of corporate spending.”

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Author:Nicholas G. Carr
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“Unless the fundamental categories of economics such as 'property' were to be redefined in a radically personal way the liberal rationalist curse which had established economics as a scientific discipline cut off from human interests would proliferate. Economic models ... have failed to incorporate any meaningful index of individual benefit other than the original utilitarian one, ... the index of increasing income or an increasing flow of commodities.”

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Author:John Carroll
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“The essence of air transport is speed, and speed is unfortunately one of the most expensive commodities in the world, principally because of the disproportionate amount of the power required to achieve high speed and to lift loads thousands of feet into the air. This is strikingly illustrated by the fact that while an average cargo ship, freight train and transport aeroplane are each equipped with engines totalling about 2,500 H.P., the ship can carry a load of about 7,000 tons, the train 800 tons and the plane only two and a half tons.”

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Author:J. R. D. Tata
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“Conservation is getting nowhere because it is incompatible with our Abrahamic concept of land. We abuse land because we regard it as a commodity belonging to us. When we see land as a community to which we belong, we may begin to use it with love and respect. There is no other way for land to survive the impact of mechanized man, nor for us to reap from it the aesthetic harvest it is capable, under science, of contributing to culture”

MenWayMayUseCultureCommunityLandCapableConceptsAbuseRegardImpactBelongingAestheticCommodityConservationHarvestReapContributingLove And RespectLand Conservation
Book:A Sand County Almanac, and Sketches Here and There
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“The banker, therefore, is not so much primarily a middleman in the commodity "purchasing power" as a producer of this commodity. However, since all reserve funds and savings today usually flow to him, and the total demand for free purchasing power, whether existing or to be created, concentrates on him, he has either replaced private capitalists or become their agent; he has himself become the capitalist par excellence.”

TodayPoliticsEconomyDemandFlowExcellenceProducersSavingAgentsLiberalismFundCapitalistReservesReplacedCommoditySavingsBankersPurchasingPurchasing PowerMiddlemen
Book:The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle
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“The reductionist measure of yield is to agriculture systems, what GDP is to economic systems. It is time to move from measuring yield of commodities, to health and well-being of ecosystems and communities. Industrial agriculture has its roots in war. Ecological agriculture allows us to make peace with the earth, soil and the society.”

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Author:Vandana Shiva
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“In proportion as the bourgeoisie, i.e., capital, is developed, in the same proportion is the proletariat, the modern working class, developed - a class of labourers, who live only so long as they find work, and who find work only so long as their labour increases capital. These labourers, who must sell themselves piecemeal, are a commodity, like every other article of commerce, and are consequently exposed to all the vicissitudes of competition, to all the fluctuations of the market.”

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Book:Karl Marx: Selected Writings
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“If you do not assume the law of non-contradiction, you have nothing to argue about. If you do not assume the principles of sound reason, you have nothing to argue with. If you do not assume libertarian free will, you have no one to argue against. If you do not assume morality to be an objective commodity, you have no reason to argue in the first place.”

IfsFirstsReasonLawSoundPrinciplesMoralityAssumingLibertarianArguingObjectivesContradictionNo ReasonFree WillCommodity
Author:William J. Murray
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“Let us consider how great a commodity of doctrine exists in books; how easily, how secretly, how safely they expose the nakedness of human ignorance without putting it to shame. These are the masters who instruct us without rods and ferules, without hard words and anger, without clothes or money. If you approach them, they are not asleep; if investigating you interrogate them, they conceal nothing; if you mistake them, they never grumble; if you are ignorant, they cannot laugh at you.”

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Book:Philobiblon: A Treatise on the Love of Books
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