Communism And Socialism in Their History And Theory, a Sketch;
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As measures of value they are superseded by the average value of labor, es- timated by the whole sum of social products. As a circulating medium they would be superseded by tickets or certificates of actual labor in the past, which would be effective and current, as long as anything was in the government-stores, sub- ject to the calls of the people.
This species of time-money will also suffice for 10 218 schaeffle's " quintessence the expenses of the public, as well as for the sat- isfaction of... personal wants. The socialistic state, it must be remembered, like every other state, has nothing to pay its own expenses with. It must draw all its supplies from its own working people.
Of course, if public expenses (for the state, the commune, the schools, etc.) needed one-third of the value of the hours of work, the certificates for these hours must be good to the workingman or other holder for two-thirds of their worth. The state would need to dispose of its third of prod- ucts remaining in the storehouses as it best might.
What to read after Communism And Socialism in Their History And Theory, a Sketch;?
You can find similar books in the "Read Also" column, or choose other free books by Woolsey, Theodore Dwight, 1801-1889 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
As measures of value they are superseded by the average value of labor, es- timated by the whole sum of social products. As a circulating medium they would be superseded by tickets or certificates of actual labor in the past, which would be effective and current, as long as anything was in the government-stores, sub- ject to the calls of the people.
This species of time-money will also suffice for 10 218 schaeffle's " quintessence the expenses of the public, as well as for the sat- isfaction of... personal wants. The socialistic state, it must be remembered, like every other state, has nothing to pay its own expenses with. It must draw all its supplies from its own working people.
Of course, if public expenses (for the state, the commune, the schools, etc.) needed one-third of the value of the hours of work, the certificates for these hours must be good to the workingman or other holder for two-thirds of their worth. The state would need to dispose of its third of prod- ucts remaining in the storehouses as it best might.
What to read after Communism And Socialism in Their History And Theory, a Sketch;?
You can find similar books in the "Read Also" column, or choose other free books by Woolsey, Theodore Dwight, 1801-1889 to read onlineMoreLess
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