A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration of labor: the demand for commodities simply determines in what direction labor shall be employed.


Tales in Political Economy (1874)


A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration...

A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration...

A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration...

A demand for commodities is not a demand for labor. The demand for labor is determined by the amount of capital directly devoted to the remuneration...