“Now the leap by which this reasoning lands us in labour as the sole constituent element of value appears to me so surprising that I am prepared to learn that the yet unpublished portions of Das Kapital contain supplementary or elucidatory matter which may set it in a new light. Meanwhile the analysis appears to be given as complete and adequate, so far as it goes, and I can, therefore, only take it as I find it and try to test its validity. But instead of directly confronting it with what seems to be the true analysis of the phenomenon of exchange, I will follow it out a little further, and we shall see that Marx himself introduces a modification into his result (or develops a half-latent implication in it), in such a way as to vitiate the very analysis on which that result is founded, and to lead us, if we work it out, to what I regard as the true solution of the problem.”

— Philip Wicksteed

Page 712.
"The Marxian Theory of Value: Das Kapital: A Criticism" (1884)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Now the leap by which this reasoning lands us in labour as the sole constituent element of value appears to me so surpr…" by Philip Wicksteed?

Philip Wicksteed 10

English economist 1844–1927

Related quotes

“I confess that when I am sought to be driven to a conclusion which appears to me unreasonable and unjust, I at once suspect the validity of the premises, even if I can detect no flaw in the reasoning from them.”

Nathaniel Lindley, Baron Lindley (1828–1921) English judge

In re Holford (1894), L. R. 3 Ch. 45.

“Reason will take us so far on firm ground. But then there must be the leap in the same direction, if the truth of those facts in religion which are only reached by faith are to be enjoyed... It is taking the road of evidence as far as it will go and then, with the energy provided by meditating on the character of God as Christ revealed him, making a leap of faith, only to land finally in a conviction as strong as proof can supply.”

Leslie Weatherhead (1893–1976) English theologian

Source: The Christian Agnostic (1965), p.79 [ellipsis added]

“It seems to me that I am being born into a new life and that all the methods and habits of the past can no longer be of any use. It seems to me that what was once a result is now only a preparation … It is as if I was stripped of all my past, of my errors as well as my conquests, as if all that had disappeared to give place to one new-born whose whole existence has yet to take shape … An immense gratitude rises from my heart. I seem to have at last arrived at the threshold which I have long sought.”

The Mother (1878–1973) spiritual collaborator of Sri Aurobindo

How she felt when she sat down at the feet of Sri Aurobindo, quoted in "Diary notes and Meeting with Sri Aurobindo" and also in The Mother (of Sri Aurobindo Ashram) Prema Nandakumar of National Book Trust, India, (1977) http://books.google.co.in/books?id=R1sqAAAAYAAJ, p. 23

“Of course you’re there. Death is always there. So why was I afraid? Your leap is swift. Your claws are sharp and merciful. What can you take from me which is not already yours?... Everything I have done until now has been fruitless. It has led to nothing. There was no other path except that it led to nothing — and before me now there is only one real fact — Death. The truth I have been seeking — this truth is Death. Yet Death is also a seeker. Forever seeking me. So — we have met at last. And I am prepared. I am at peace. Because I will conquer death with death.”

Bruce Lee (1940–1973) Hong Kong-American actor, martial artist, philosopher and filmmaker

Source: The Warrior Within : The Philosophies of Bruce Lee (1996), p. 77, spoken by Cord, the protagonist of the unproduced film The Silent Flute

“With every simple act of thinking, something permanent, substantial, enters our soul. This substantial somewhat appears to us as a unit but (in so far as it is the expression of something extended in space and time) it seems to contain an inner manifoldness; I therefore name it "mind-mass."”

Bernhard Riemann (1826–1866) German mathematician

All thinking is, accordingly, formation of new mind masses.
Gesammelte Mathematische Werke (1876)

“If I have to hire a labourer for a week, and instead of ten shillings I pay him eight, no variation having taken place in the value of money, the labourer can probably obtain more food and necessaries with his eight shillings than he before obtained for ten: but this is owing, not to a rise in the real value of his wages, as stated by Adam Smith, and more recently by Mr. Malthus, but to a fall in the value of the things on which his wages are expended, things perfectly distinct; and yet for calling this a fall in the real value of wages, I am told that I adopt new and unusual language, not reconcilable with the true principals of the science. To me it appears that the unusual and, indeed, inconsistent language is that used by my opponents.”

David Ricardo (1772–1823) British political economist, broker and politician

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter I, Section I, On Value, p. 11

“It is so pleasant to learn about new things. Every day I find how little I know, but I do not feel discouraged since God has given me an eternity in which to learn more.”

Helen Keller book The Story of My Life

Source: The Story of My Life

“You have to find out for yourself. Take the leap. Go as far as you can. Try staying out of touch. Become a stranger in a strange land. Acquire humility. Learn the language. Listen to what people are saying.”

Paul Theroux (1941) American travel writer and novelist

Fresh Air Fiend (2000)

“The Court. has done the work for me, and although at first appearance it seems to be against me, I am so confident in the idea which I have had the honor to express yesterday, that I think it is for good and not for my loss.”

Louis Riel (1844–1885) Canadian politician

Address on sentencing (1885)
Context: The Court. has done the work for me, and although at first appearance it seems to be against me, I am so confident in the idea which I have had the honor to express yesterday, that I think it is for good and not for my loss. Up to this moment, I have been considered by a certain party as insane, by another party as a criminal, by another party as a man with whom it was doubtful whether to have any intercourse. So there was hostility and there was contempt, and there was avoidance To-day, by the verdict of the Court, one of these three situations has disappeared.
I suppose that after having been condemned, I will cease to be called a fool, and for me it is a great advantage. I consider it as a great advantage. If I have a mission, I say "If " for the sake of those who doubt, but for my part it means "Since," since I have a mission, I cannot fulfil my mission as long as I am looked upon as an insane being-human being, at the moment that I begin to ascend that scale, I begin to succeed.

“If I had to describe my remarks this evening frankly — as if I were in police court and on oath, so to speak — I should have to call it a ramble over several subjects, portions of which may seem to you to be impudent, and portions of which will be ignorant, and portions of which may contrive to be both at once.”

Robertson Davies (1913–1995) Canadian journalist, playwright, professor, critic, and novelist

Can a Doctor Be a Humanist? (1984).

Help us to complete the source, original and additional information

Philip Wicksteed 10

Related quotes

Related topics