The Subject

July 3rd, 2016
by Richard

If a manufacturer gives always your goods for the same amount of money, per 1,000 pounds, for example, their profits will depend on the price of the work required for its manufacture. They will be less then, with wages of 800 with salaries of 600. As wages rise, by simple logic, the profits will decrease. Smith also said on the subject: in the primitive State it precedes the appropriation of land and the accumulation of capital, the whole product of labour belongs to the labourer. There is no owner or owner with whom need to distribute (wealth of the Nations). If this State would have continued, the salary or the natural rewards of the work would have increased as its productive powers had acquired all the improvements that engenders today the division of labour. Say defines a worker as that rented its industrial capacity or sell his work and therefore renounces its industrial profits by a salary (Treaty of economy policy). By methodological and chronological appropriateness of this seminar, for now we will focus to speak as clearly as possible to the matters dealt with in the first three chapters of the first section: the goods and currency.

FIRST chapter the goods: It is the object that rather than be consumed by the producer, is intended to change or sale, is the basic form of the wealth of societies in which prevails the regime of capitalist production. Merchandise is, firstly, an object, a thing that satisfies human needs of the type that were thanks to its properties. Thus, the starting point of our discussion should be the analysis of the goods. If we consider two objects, for example a lamp and a quantity defined salt, thanks to its particular qualities, each of these objects are useful to man that requires them. So then, to transform an object into merchandise, you should firstly, one useful thing that help meet human needs of any kind.

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