Rudolf Hiferding

The expansion of the market creates a need for enhanced and more regular supply, and this in turn impels commercial capital to acquire control of production as well.

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These are some quotes by American author Rudolf Hiferding Judge.

Quotes by Rudolf Hiferding

Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition.

Rudolf Hiferding

capitalistcompetitionelucidate

As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production.

Rudolf Hiferding

branchcalculationcapital

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

Rudolf Hiferding

actualcommodityelucidate

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