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Front Page arrow Titles (by Subject) arrow TABLE OF SECTION-HEADINGS OF CHAPTER 1, ON VALUE IN EDITIONS 2 AND 3 - The Works and Correspondence of David Ricardo, Vol. 1 Principles of Political Economy and Taxation

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TABLE OF SECTION-HEADINGS OF CHAPTER 1, ON VALUE IN EDITIONS 2 AND 3 - David Ricardo, The Works and Correspondence of David Ricardo, Vol. 1 Principles of Political Economy and Taxation [1817]

Edition used:

The Works and Correspondence of David Ricardo, ed. Piero Sraffa with the Collaboration of M.H. Dobb (Indianapolis: Liberty Fund, 2005). Vol. 1 Principles of Political Economy and Taxation.

Part of: The Works and Correspondence of David Ricardo, 11 vols (Sraffa ed.)

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


TABLE OF SECTION-HEADINGS OF CHAPTER 1, ON VALUE IN EDITIONS 2 AND 3

Edition 2

Section i.The value of a commodity, or the quantity of any other commodity for which it will exchange, depends on the relative quantity of labour which is necessary for its production, and not on the greater or less compensation which is paid for that labour. p. 11

Section iiThe accumulation of capital makes no difference in the principle stated in the last section. p. 22

Section iii.The principle stated in the foregoing section considerably modified by the employment of machinery as fixed capital. p. 30

Section iv.The principle that value does not vary with the rise or fall of wages, modified also by the unequal durability of capital, and by the unequal rapidity with which it is returned to its employer. p. 38

Section v.Different effects from the alteration in the value of money, the medium in whichpriceis always expressed, or from the alteration in the value of the commodities which money purchases. p. 47

Edition 3

Section i.The value of a commodity, or the quantity of any other commodity for which it will exchange, depends on the relative quantity of labour which is necessary for its production, and not on the greater or less compensation which is paid for that labour. p. 11

Section ii.Labour of different qualities differently rewarded. This no cause of variation in the relative value of commodities. p. 20

Section iii.Not only the labour applied immediately to commodities affect their value, but the labour also which is bestowed on the implements, tools, and buildings, with which such labour is assisted. p. 22

Section iv.The principle that the quantity of labour bestowed on the production of commodities regulates their relative value, considerably modified by the employment of machinery and other fixed and durable capital. p. 30

Section v.The principle that value does not vary with the rise or fall of wages, modified also by the unequal durability of capital, and by the unequal rapidity with which it is returned to its employer. p. 38

Section vi.On an invariable measure of value. p. 43

Section vii.Different effects from the alteration in the value of money, the medium in whichpriceis always expressed, or from the alteration in the value of the commodities which money purchases. p. 47

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Table of Concordance between Editons 1 and 3.