Commodity Exchange Quotes

The object of the law of value is to elucidate the actual exchange relations of commodities.

I have made no distinction between the circulation of goods and of money, because there really is none.

Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets of Chicago, the Board of Trade moved to a building housing 'trading pits' for the open-outcry exchange by brokers representing buyers and sellers.

Money is a machine for doing quickly and commodiously what would be done, though less quickly and commodiously, without it.

The labour-power is a commodity , not capital, in the hands of the labourer, and it constitutes for him a revenue so long as he can continuously repeat its sale; it functions as capital after its sale, in the hands of the capitalist, during the process of production itself.

The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities. The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.

With many of the … Indian tribes, improvements in agriculture and household manufacture are advancing, and with all our peace and friendship are established on grounds much firmer than heretofore. The measure adopted of establishing trading houses among them and of furnishing them necessaries in exchange for their commodities at such moderate prices as leave no gain, but cover us from loss, has the most conciliatory and useful effect on them, and is that which will best secure their peace and good will.

StockX's live marketplace will harness the Internet's natural ability to facilitate a better way to transact certain segments of ecommerce. We are going to bring the kind of trading platform and visibility to tangible products that financial and commodities markets have used for decades.

A cent is the representative of a certain quantity of corn or other commodity. Its value is in the necessities of the animal man. It is so much warmth, so much bread, so much water, so much land.

Hence money may be dirt, although dirt is not money.

In November, 1919, in Western Russia, the peasants would sell me nothing for money, whereas my neighbor in the train bought all he wanted in exchange for small quantities of salt.

There can be no freedom of trade where there is no freedom of man, for the first of all commodities to be exchanged is labour, and the freedom of man consists only in the exercise of the right to determine for himself in what manner his labour shall be employed, and how he will dispose of its products....

When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works.

Value manifests itself as exchange value, as a quantitatively determined relationship, in virtue of the fact that one commodity can be exchanged for another.

In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price.

Many farmers drive pickup trucks ... from Japan .... you refuse to accept their rice in payment for your trucks.

The farmers in America who are raising wheat and beef and cotton, and the great multitudes engaged in manufacture, depend for the rewards of their labor largely upon the orderly continuance of purchase, consumption and payment by the people of other countries. It would be a real misfortune to the American breakfast table if Brazil ceased to produce coffee and Cuba ceased to produce sugar and China ceased to produce tea.

Where the bourgeois economists saw a relation between things (the exchange of one commodity for another) Marx revealed a relation between people.

I don't know if you heard the news, but Wall Street now is a farmer's market. I don't want to say things are going downhill quickly, but Obama's new campaign slogan is 'Are you better off than you were four days ago?'

Money is not, properly speaking, one of the subjects of commerce; but only the instrument which men have agreed upon to facilitate the exchange of one commodity for another

Money can be exchanged for goods and services!

The circulation of commodities is the original precondition of the circulation of money.

People typically only believe they're in a negotiation when dollars are involved. And maybe sometimes they're smart enough to see if there's a commodity that you can count being exchanged. And, of course, the commodity that we most commonly exchange is money.

To a proprietor of a mine, the silver money is a produce with which he buys what he has occasion for. To all those through whose hands this silver afterwards passes, it is only the price of the produce which they themselves have raised by means of their property in land, their capitals, or their industry. In selling them they in the first place exchange them for money, and afterwards they exchange the money for articles of consumption.

Money performs but a momentary function … when the transaction is finally closed, it will always be found, that one kind of commodity has been exchanged for another