Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal.
DAVID RICARDO
DAVID RICARDO
David Ricardo on capital
David Ricardo55 quotes“Again two manufacturers may employ the same amount of fixed, and the same amount of circulating capital; but the durability of their fixed capitals may be very unequal.”
More from David Ricardo
A BOUNTY on the exportation of corn tends to lower its price to the foreign consumer, but it has no permanent effect on its price in the home market.
David RicardoDavid Ricardo A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
David RicardoDavid Ricardo Utility then is not the measure of exchangeable value, although it is absolutely essential to it.
David RicardoDavid Ricardo The factors left out of the Ricardian equation are falling wages and idle capacity.
David RicardoDavid Ricardo Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
David RicardoDavid Ricardo I have already expressed my opinion on this subject in treating of rent, and have now only further to add, that rent is a creation of value, as I understand that word, but not a creation of wealth.
David RicardoDavid Ricardo The demand for money is regulated entirely by its value, and its value by its quantity.
David RicardoDavid Ricardo If English money was of the same value then as before, Hamburgh money must have risen in value. But where is the proof of this?
David RicardoDavid Ricardo Profits are not made by differential cleverness, but by differential stupidity.
David RicardoDavid Ricardo Gold and silver are no doubt subject to fluctuations, from the discovery of new and more abundant mines; but such discoveries are rare, and their effects, though powerful, are limited to periods of comparatively short duration.
David RicardoDavid Ricardo Rent is the portion of the earth, which is paid to the landlord for the user of the original and indestructible powers of the soil
David RicardoDavid Ricardo Nothing contributes so much to the prosperity and happiness of a country as high profits.
David RicardoDavid Ricardo If a commodity were in no way useful, – in other words, if it could in no way contribute to our gratification, – it would be destitute of exchangeable value, however scarce it might be, or whatever quantity of labour might be necessary to procure it.
David RicardoDavid Ricardo Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.
David RicardoDavid Ricardo If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes.
David RicardoDavid Ricardo There is no way of keeping profits up but by keeping wages down.
David RicardoDavid Ricardo
Original quotes
From our community writers
And in the end when the money is gone – will you still stay it was worth it.
M.K. StandbyM.K. Standby My soul speaks a language, only you can understand.
Ginnie BaleGinnie Bale In another life, you kept your word, and forever’s still ours for the taking.
Harriet SelinaHarriet Selina Journey with struggle becomes a great tale in the future.
Carla StokesCarla Stokes I’m not asking that you take the bullet for me. I wish you’d shoot first.
Danielle MontgomeryDanielle Montgomery A rainy day is the perfect excuse to explore deeper feelings.
Emily BockEmily Bock Stop taking care of everyone else before you take care of yourself.
Claire VinsonClaire Vinson Music is a weed, we all fallen souls are high on.
Ananya BhaskarAnanya Bhaskar
Meet the writers
More on capital
Thinking is the capital, Enterprise is the way, Hard Work is the solution.
A. P. J. Abdul KalamA. P. J. Abdul Kalam You can’t have capitalism without racism.
Malcolm XMalcolm X Capital is dead labour, which, vampire like, lives only by sucking living labour, and lives the more, the more labour it sucks.
Karl MarxKarl Marx Capital is dead labour, which, vampire like, lives only by sucking living labour, and lives the more, the more labour it sucks.
Karl MarxKarl Marx In reality, the laborer belongs to capital before he has sold himself to capital.
Karl MarxKarl Marx Capitalism has been called a system of greed.
Ayn RandAyn Rand You show me a capitalist, and I’ll show you a bloodsucker.
Malcolm XMalcolm X Failure is part of the natural cycle of business. Companies are born, companies die, capitalism moves forward.
Thomas SowellThomas Sowell