Douglas Social Credit.
Dear Sir, —I am afraid " Cornucopia ” pvrilty of a fallacy or two. He menti< “ the market price or value.” Price is 1 always value, and may be above or bel value. The market behaves differen from day to day, therefore how can pr be value or its equivalent unless by a< dent? Again, he mentions “ materials 1 labour and other costs ss, and profit 2 this to make £l. And, of course, he fails see that labour costs are involved materials. If the Social Credit issues w to finally come to rest in the bank 1 ances of private individuals (and si must be the case', then how could c relation occur? “Cornucopia” would well advised to read Marx’s “ Value. Pi and Profit ” (and what is wrong with re ing the opposition?), wherein he will < cover those, fundamentals with which h< not, cannot be, familiar.—l am. etc BIOMATHS
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TS19350111.2.85.6
Bibliographic details
Star (Christchurch), Volume LXVI, Issue 20510, 11 January 1935, Page 6
Word Count
151Douglas Social Credit. Star (Christchurch), Volume LXVI, Issue 20510, 11 January 1935, Page 6
Using This Item
Star Media Company Ltd is the copyright owner for the Star (Christchurch). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Star Media. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in