Socialistic Fallacies
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In our eReader you can find the full English version of the book. Read Socialistic Fallacies Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Socialistic Fallacies
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Individual needs are fixed by the standard period of work. "The time which everyone who takes part in production consents to devote to pro- ductive work determines the limits of the means which are sufficient to cover the range of everyone's needs. " The limits being ascertained, one knows "what is the nature of the needs which are to be satisfied, and therefore the nature and quantity of the articles which are to be produced. " From the time when "the duration of work is a common measure of pr...oductive power, as well as of needs, nothing can be clearer than the manner in which to proceed. " The administration may, (i) fix the value of all products " by fixing the value of the produce of the labour of each individual in terms of every other kind of product, and consequently in terms also of articles for consumption or finished products" (p. 117); and (2) create a currency which answers fully to the requirements of a currency.
The economic administration would remit to each producer a receipt for so much standard work, repre- sented by the actual produce created by him in accordance with the rules herein set forth.
What to read after Socialistic Fallacies?
You can find similar books in the "Read Also" column, or choose other free books by Guyot Yves to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Individual needs are fixed by the standard period of work. "The time which everyone who takes part in production consents to devote to pro- ductive work determines the limits of the means which are sufficient to cover the range of everyone's needs. " The limits being ascertained, one knows "what is the nature of the needs which are to be satisfied, and therefore the nature and quantity of the articles which are to be produced. " From the time when "the duration of work is a common measure of pr...oductive power, as well as of needs, nothing can be clearer than the manner in which to proceed. " The administration may, (i) fix the value of all products " by fixing the value of the produce of the labour of each individual in terms of every other kind of product, and consequently in terms also of articles for consumption or finished products" (p. 117); and (2) create a currency which answers fully to the requirements of a currency.
The economic administration would remit to each producer a receipt for so much standard work, repre- sented by the actual produce created by him in accordance with the rules herein set forth.
What to read after Socialistic Fallacies?
You can find similar books in the "Read Also" column, or choose other free books by Guyot Yves to read onlineMoreLess
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