That of beaver skins, of beaver wool, and of gum Senega, has been subjected to higher duties; Great Britain, by the conquest of Canada and Senegal, having got almost the monopoly of those commodities.
Excise. A hateful tax levied upon commodities.
Possessing utility, commodities derive their exchangeable value from two sources: from their scarcityand from the labour required to obtain them.By far the greatest part of those goods which are the objects of desire, are procured by labour.David Ricardo
In theory, everybody buys the best and cheapest commodities offered to him on the market. In practice, if every one went around pricing, and chemically testing before purchasing, the dozens of soaps or fabrics or brands of bread which are for sale, economic life would become hopelessly jammed.edward berays
Oil, Jews and Germans, are our most important export commodities.nicolae ceauşescu
The premise of neo-conservatives is that markets left to their own devices will produce the best possible result, and that political interference is not required. This defies the human reality that people are not commodities, and simply refuse to behave as if they were.bob rae
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.David Ricardo
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.David Ricardo
The commodities of Europe were almost all new to America, and many of those of America were new to Europe. A new set of exchanges, therefore, began..and which should naturally have proved as advantageous to the new, as it certainly did to the old continent. The savage injustice of the Europeans rendered an event, which ought to have been beneficial to all, ruinous and destructive to several of those unfortunate countries.Adam Smith
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.john carroll
There is a physical relation between physical things. But it is different with commodities.karl marx
What has worked so well in the acquisition of knowledge and in the production of commodities may work just as well in the distribution of those commodities.
Patna’s biggest break as entrepot came with the consolidation of Mughal control over Bengal – particularly with the final suppression of the Pathan chiefs of Eastern Bengal in 1612... the city also served as an outlet for several commodities produced in its hinterland...By 1620 Patna was being described as the “chefest mart towne of all Bengala".
The economic apparatus endows commodities with the values which decide the behavior of people. ... commodities have forfeited all economic qualities except their fetish character, this character has spread like a cataract across the life of society in all its aspects.
The geographical movement of money and commodities as capital is not the same as the movements of products and of precious metals. Capital is, after all, money used in a certain way, and is by no means identical with all money uses.
Capital is money, capital is commodities. ... By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.