A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits.
Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of the legislature.
But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.
A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
There is no way of keeping profits up but by keeping wages down....
It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce.
Compare sending someone a text message and getting a love letter delivered by carrier pigeon. No contest.
With few words, one can speak the truth.
Klopstock was questioned regarding the meaning of a passage in his poem. He replied, 'God and I both knew what it meant once; now God alone knows.'
Looking at and shaping your own work is a very intuitive process. You see something you've written in your notebook. It's there on the page and either feels right or it doesn't, and it's hard sometimes to go beyond that and discover why it feels that way.