Quotes about commodity (280 quotes, page 2)

“What we kids didn't understand was that we were living in a commercial, commodity culture. Everything in our environment had been bought and sold. As middle class Americans, we basically grew up on a movie set. The conscious values that are pushed are only part of the picture. The medium itself plays a much bigger part than anyone realizes: the creation of illusion. We are living surrounded by illusion, by professionally created fairy tales. We barely have contact with the real world.”

Robert Crumb (1943) American cartoonist

The R. Crumb Handbook by Robert Crumb and Peter Poplaski (2005), p. 56

World , Understanding , Parting

“The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.”

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

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XXX, Influence of Demand and Supply, p. 260

Error , Science , Dependency

“Economics deals with the behavior of commodities rather than with the behavior of men.”

Kenneth E. Boulding (1910–1993) British-American economist

Attributed to Kenneth Boulding in: Peter F. Drucker, Management: Tasks, Responsibilities, Practices, New York: Truman Talley Books, E.P. Dutton, 1986, p. 21.
1980s

Men , Behavior

“Capitalism subordinates men to machines instead of using machines to liberate men from the burden of mechanical and repetitive work. it subordinates all, inherent in every commodity, fully unfolds itself in this contradictory nature of capitalist machinery. When capitalism is not overthrown once it has created the material and social preconditions for a classless society of associated producers, this contradiction implies the possibility of a steadily increasing transformation of the forces of production into forces of destruction, in the most literal sense of the word: not only forces of destruction of wealth (crises and wars), of human wealth and human happiness, but also forces of destruction of life tout court.”

Ernest Mandel (1923–1995) Belgian economist and Marxist philosopher

Introduction to Capital. Introduction to volume 1 (1976)

Life , Men , War , Nature

“Truth is a perilous commodity,” Julian admitted, “but so is ignorance, Adam—more so.”

Robert Charles Wilson book Julian Comstock: A Story of 22nd-Century America

Source: Julian Comstock: A Story of 22nd-Century America (2009), p. 200

Truth

“Doctors, lawyers and even accountants have always understood that they would have to stand firm, functioning as a solid group protecting its own expertise and hence its earning capacity, from the tendency of all merchants to buy cheap and sell dear. They made of their special knowledge a rare and valuable commodity, insisted on a mystique and protected each other by an immovable professional code. They were cynical enough to know that if they were once cast in the role of public martyrs, working harder and more generously than most other groups of workers, they would be left with nothing but masochism, exhaustion and despair to show for it. Like successful trade unions, who have always worked on the principle that the job is worth whatever you can force the employer to pay for it and not a penny more or less, they understood that nobody was going to pay them their fees out of gratitude, that if they left it to the man whose life they had saved to pay them what he thought fit, they would wind up with half an old penny.”

Germaine Greer (1939) Australian feminist author

"'Unhelpful to the workers' cause'" [undated], p. 175
The Madwoman's Underclothes (1986)

Life , Knowledge , Success , Despair

“A military junta is the herald communism. The failure to realize this axiomatic fact is the cause of the confusion in Africa, Asia and Latin America. Military rule turns the people totally and irrevocably against the bemedalled generals and their patrons. Where else can the people turn? If freedom, democracy and the rights of man are to be put on the counter to see whether copper and coffee is to cost ten cents more or ten cents less and bargained away with so little consideration, then freedom is a very cheap commodity and the rights of man are not worth a nickel.”

Zulfikar Ali Bhutto (1928–1979) Fourth President and ninth Prime Minister of Pakistan

Source: Letter to his daughter (1978), p. 68

People , Democracy , Communication , Coffee

“The problems of hunger and food, unemployment, a growing and crushing price rise in the commodities needed for one’s day-to-day subsistence have naturally found angry expressions, sometimes violent expression in many parts of the country. Corruption and falling standard in administration and public life have added to their dimension.”

V. V. Giri (1894–1980) Indian politician and 4th president of India

Source: Presidents of India, 1950-2003, P.83

Life , Hunger , Food , Nature

“So, Mr Kreeber, what do you think of the natives now?" Kurien told a Nestle official who had come to do business with farmers of Anand. The company had earlier refused technology help to India as it could not let "natives handle a sensitive commodity like milk".”

Verghese Kurien (1921–2012) Indian founder of dairy-cooperative Amul

Quote, Amul builder Verghese Kurien's best quotes and pictures from Economic Times archives

Business , Thinking , Help

“Milk is a highly perishable commodity, which is in short supply in summer and in excess supply in winter. The market can not contract and expand according to supply, therefore, you need balancing facilities. And once you have these balancing facilities, which you enable to carry forward the winter production and capture the market, procurement falls into your laps. This was the objective and methodology of Operation Flood.”

Verghese Kurien (1921–2012) Indian founder of dairy-cooperative Amul

In p. 85
Quote, Our Leaders

Winter , Summer

“The proposition of Mr. Ricardo, which states that a rise in the price of labour lowers the price of a large class of commodities, has undoubtedly a very paradoxical air; but it is, nevertheless, true, and the appearance of paradox would vanish, if it were stated more naturally and correctly.”

Thomas Robert Malthus Principles of Political Economy

Book I, Chapter II, On the Nature, Causes, and Measures of Value, Section IV, p. 88
Principles of Political Economy (Second Edition 1836)

Nature , Appearance

“I have endeavoured to show that the ability to pay taxes depends, not on the gross money value of the mass of commodities, nor on the net money value of the revenue of capitalists and landlords, but on the money value of each man's revenue compared to the money value of the commodities which he usually consumes.”

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

Advertisement To The Third Edition, p. 3
The Principles of Political Economy and Taxation (1821) (Third Edition)

Money , Dependency

“A political organization is a transferable commodity. You could not find a better way of killing virtue than by packing it into one of these contraptions which some gang of thieves is sure to find useful.”

John Jay Chapman (1862–1933) American author

Source: Practical Agitation (1900), Chapter 1

Way

“Thus money is almost always something hovering between a commodity and a debt-token. This is probably why coins—pieces of silver or gold that are already valuable commodities in themselves, but that, being stamped with the emblem of local authority, became even more valuable—still sit in our heads as the quintessential form of money. They most perfectly straddle the divide that defines what money is in the first place. What's more, the relation between the two was a matter of constant political conversation. In other words, the battle between state and market, between governments and merchants is not inherent to the human condition.”

David Graeber (1961) American anthropologist and anarchist

Source: Debt: The First 5,000 Years (2011), Chapter Four, "Cruelty and Redemption", p. 75

Money

“The essence of capital is its ability to mobilize social labor by buying labor power and setting it to work. This requires a market in which the capacity of human beings to work can be bought and sold like any other commodity: buyers of labor power offer wages, which sellers accept in return for a commodity, their own labor.”

Eric Wolf (1923–1999) American anthropologist

Source: Europe and the People Without History, 1982, Chapter 12 The New Laborers, p. 354.

“Australia's distance from Europe was probably only tolerable because it had strategic commodities which England, threatened by changing European alliances, might some day be unable to produce in the northern hemisphere. Flax was the first conqueror - a hollow conqueror - of the distance which so often shaped Australia's destiny.”

Geoffrey Blainey book The Tyranny of Distance: How Distance Shaped Australia's History

The Tyranny of Distance: How Distance Shaped Australia's History (1966)

Change

“The reduction of even sacred things into commodities explains why we exhibit so little reverence for God. In a consumer worldview he has no intrinsic value apart from his usefulness to us.”

Skye Jethani

The Divine Commodity: Discovering A Faith Beyond Consumer Christianity (2009, Zondervan)

God

“By stating that the analysis of the laws of motion governing the capitalist mode of production necessarily includes at least some essential elements of an analysis of economic phenomena valid for the whole historical epoch encompassing economic organizations in which commodity production exists, one extends the validity of parts of Marx’s Capital not only into the past but also into the future.”

Ernest Mandel (1923–1995) Belgian economist and Marxist philosopher

Introduction to Capital. Introduction to volume 1 (1976)

Law , Past , Future , Parting

“For, primarily, the immigrant comes here for economic reasons. If he is a dependent, there is no room for him. If he believes that in America one need not work, there is no room for him. If he has been taught that his labor is a commodity for sale, he must learn that labor is no more a commodity than management. It is the product of labor, the product of management, that is put up for sale. In the last analysis, it is man's intelligence that is purchased. Only in undeveloped countries can man be regarded as a beast of burden.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Whose Country Is This? (1921)

Intelligence , Learning , Dependency , Country

“To alter the money value of commodities, by altering the value of money, and yet to raise the same money amount by taxes, is then undoubtedly to increase the burthens of society.”

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

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter XXXII, Malthus on Rent, p. 288

Money

“No government should have the right to prevent another government from going into competition with it, or to require consumers of security to come exclusively to it for this commodity.”

Gustave de Molinari (1819–1912) Belgian political economist and classical liberal theorist

Source: The Production of Security (1849), p. 23.

“The nature of this trade, certainly not the most honourable in the world, affords room for much investigation and remark in a moral or humane point of view: in a political or commercial light it is perhaps less conspicuously an object of attention. It consists chiefly of commodities that are considered as holding a first rate place in the animal and the mineral world, for which in return the Africans receive the most rascally articles that the ingenuity of Europeans has found means to produce. In return to our fellow creatures, for gold, and for ivory, we exchange the basest of those articles that are suited to the taste or the fancy of a despicable set of barbarians. Whether the spirituous liquirs or the fire-arms that are sent there are most calculated for the destruction of the purchasers, might become a question not very easy to determine. The noxious quality of the one is at least equalled by the danger of attending the use of the other. There does not seem to be that regard to honour in this trade, which ought to make part of the nice character of the English merchant, unimpeachable, unimpeached, upon the 'Change of London or of Amsterdam. It seems as if we kept our honour for ourselves, and that with those barbarians (who are more our inferiors in address and cunning, than perhaps in any thing else) no honour, humanity, or equity, were at all necessary.”

William Playfair (1758–1824) British mathematician, engineer and political economist

Observations on the Trade to Africa, Chart XVI, page 65.
The Commercial and Political Atlas, 3rd Edition

World , Question , Nature , Light

“Sraffa’s criticisms of the concept of capital also amount – at least in principle –to a deadly blow to the foundations of the so-called ‘neo-classical synthesis’. Combining Keynes’ thesis on the possibility of fighting unemployment by adopting adequate fiscal and monetary policies with the marginalist tradition of simultaneous determination of equilibrium quantities and prices as a method to study any economic problem, this approach has in the last few decades come to constitute the dominant doctrine in textbooks the whole world over. It is only thanks to increasing specialisation in the various fields of economics, often invoked as the inevitable response to otherwise insoluble difficulties, that the theoreticians of general equilibrium are able to construct their models without considering the problem of relations with the real world that economists are supposed to be interpreting, and that the macroeconomists can pretend that their ‘one commodity models’ constitute an acceptable tool for analysis. For those who believe that the true task facing economists, hard as it may be, is to seek to interpret the world they live in, Sraffa’s ‘cultural revolution’ still marks out a path for research that may not (as yet) have yielded all it was hoped to, but is certainly worth pursuing.”

Alessandro Roncaglia (1947) Italian economist

Source: Piero Sraffa: His life, thought and cultural heritage (2000), Ch. 1. Piero Sraffa

World , Hope , Problem , Study

“Richard resumed reading the T’Rain Gazette, a daily newspaper (electronic format, of course)… which summarized what had been going on all over T’Rain during the preceding twenty-four hours:
Notable achievements, wars, duels, sackings, mortality statistics, plagues, famines…untoward spikes in commodity prices.”

Neal Stephenson book Reamde

Day 1
Reamde (2011), Part I: Nine Dragons

War , Reading

“Much less is it adviseable for a Person to go thither [to America], who has no other Quality to recommend him but his Birth. In Europe it has indeed its Value; but it is a Commodity that cannot be carried to a worse Market than that of America, where people do not inquire concerning a Stranger, What is he? but, What can he do?”

Benjamin Franklin (1706–1790) American author, printer, political theorist, politician, postmaster, scientist, inventor, civic activist, …

March 1784 Information to Those Who Would Remove to America.
1780s

People , Birth , Personality

“It is fashionable to suggest that cyberspace is some kind of _island of the blessed_ where people are free to indulge and express their Individuality…this is not true…. i have seen many people spill their guts on-line, and i did so myself until…i began to see that i had commodified myself. commodification means that you turn something into a product which has a money-value. in the nineteenth century, commodities were made in factories…by workers who were mostly exploited…. i created my interior thoughts as a means of production for the corporation that owned the board i was posting to…and that commodity was being sold to other commodity/consumer entities as entertainment… [Cyberspace] is a black hole. It absorbs energy and personality and then re-presents it as an emotional spectacle.”

Carmen Hermosillo Community manager, essayist, poet, research analyst

"Pandora's Vox", as cited in Curtis, Adam, 2011, All Watched Over by Machines of Loving Grace, BBC.

Money , People , Fashion , Personality

“Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark. So it is a great boon that gold or silver are scarce and are costly to increase in supply.
But if government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.”

Murray N. Rothbard (1926–1995) American economist of the Austrian School, libertarian political theorist, and historian

"Taking Money Back" http://mises.org/story/2882, in The Freeman (September - October 1995) http://www.fee.org/publications/the-freeman/.

Money , Shoe , Nature , Help

“Our critique of capitalism is precisely that value production turns everything, whether meat or poetry, into commodity, and that it's no use asking for more love poems and less hamburgers.”

Gilles Dauvé (1947) French writer

"Letter on Animal Liberation" (1999)

Love

“Oil, Jews and Germans, are our most important export commodities.”

Nicolae Ceaușescu (1918–1989) General Secretary of the Romanian Communist Party

Source: Red Horizons: Chronicles of a Communist Spy Chief, p. 73 during 1977, said to be "his favorite slogan"

“We," he said, not without complacency, "are different. We attest the divine paradox. We are barren only to be fertile. We proclaim the primary reality of the world of the spirit which has an infinitude of mansions for an infinitude of human souls. And you too are different. Your destiny is of the rarest kind. You will live to proclaim the love of Christ for man and man for Christ in a figure of earthly love." Preacher's rhetoric; it would have been better in Italian, which thrives on melodious meaninglessness.
I said, with the same weariness as before, "My destiny is to live in a state of desire both church and state condemn and to grow sourly rich in the purveying of a debased commodity. I've just finished a novel which, when I'd read it through in typescript, made me feel sick to my stomach. And yet it's what people want -- the evocation of a past golden time when there was no Mussolini or Hitler or Franco, when gods were paid for with sovereigns, Elgar's Symphony Number One in A flat trumpeted noblimente a massive hope in the future, and the romantic love of a shopgirl and a younger son of the aristocracy portended a healthful inflection but not destruction of the inherited social pattern. Comic servants and imperious duchesses. Hansom cabs and racing at Ascot. Fascists and democrats alike will love it. My destiny is to create a kind of underliterature that lacks all whiff of the subversive.”

Anthony Burgess (1917–1993) English writer

"Don't," Carlo said, "underestimate yourself."
Fiction, Earthly Powers (1980)

Love , God , People , Health

“In defining a microeconomic system two distinct component elements will be identified: an environment and an institution. The environment consists of a list of N economic agents {l,…, N}, a list of K + 1 commodities (including resources) {O, l,…, K}, and certain characteristics of each agent … Hence, a microeconomic environment is defined by the collection of characteristics e”

Vernon L. Smith (1927) American economist

e',...,e”
Source: "Microeconomic systems as an experimental science," 1982, p. 925.

“Neither machines, nor the commodities made by them, rise in real value, but all commodities made by machines fall, and fall in proportion to their durability.”

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

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter I, Section V, On Value, p. 26

“The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book I, Chapter VII, p. 69.

Nature

“If you want to lead, never forget that the standards for you are set very high. People look up to you. Trust is a precious commodity in all of our relationships. We can’t afford to lose it by compromising on our values. People are watching and counting on us.”

Don Soderquist (1934–2016)

Don Soderquist “ Live Learn Lead to Make a Difference https://books.google.com/books?id=s0q7mZf9oDkC&lpg=pg=PP1&dq=Don%20Soderquist&pg=PP1#v=onepage&q&f=false, Thomas Nelson, April 2006 p. 156.
On Building Trust

People , Forgetting

“The god of Consumer Christianity does not inspire awe and wonder because he is nothing more than a commodity to be used for our personal satisfaction and self-achievement.”

Skye Jethani

The Divine Commodity: Discovering A Faith Beyond Consumer Christianity (2009, Zondervan)

God , Personality

““When material needs are largely satisfied,” writes Carl Rogers, “as they tend to be for many people in this affluent society, individuals are turning to the psychological world, groping for a greater degree of authenticity and fulfillment.” The clear distinction between material and psychic needs is already the mystification; it capitulates to the ideology of the affluent society which affirms the material structure is sound, conceding only that some psychic and spiritual values might be lacking. Exactly this distinction sets up “authenticity” and “fulfillment” as so many more commodities for the shopper. Rather it is the fissure itself which is the source of the ills—between work and “free” time, material structure and psychological “world,” producers and consumers.”

Russell Jacoby (1945) American historian

Source: Social Amnesia: A Critique of Conformist Psychology from Adler to Laing (1975), p. 48-49

People , World , Time

“Why are vegans made fun of while the inhumane factory farming process regards animals and the natural world merely as commodities to be exploited for profit?”

Ellen Page (1987) Canadian actress

Tweet on Twitter (15 March 2011) https://twitter.com/ellenpage/status/47690929607409664, quoted in "Jared Leto and Ellen Page Named Sexiest Vegetarians", at E! Online (26 June 2014) http://www.eonline.com/news/554500/jared-leto-ellen-page-named-sexiest-vegetarians

World , Nature , Animals

“We hardly need to be reminded that we are living in an age of confusion — a lot of us have traded in our beliefs for bitterness and cynicism or for a heavy package of despair, or even a quivering portion of hysteria. Opinions can be picked up cheap in the market place while such commodities as courage and fortitude and faith are in alarmingly short supply.”

Edward R. Murrow (1908–1965) Television journalist

This I Believe (1951)

Age , Faith , Courage , Despair

“Question: …you believe the Fed shouldn't exist… make the case.
Ron Paul: First reason is, it's not authorized in the Constitution, it's an illegal institution. The second reason, it's an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we'd be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value. This station talks about free market capitalism, and you can't have free market capitalism if you have a secret bank creating money and credit out of thin air. They become the central planners, they decide what interest rates should be, what the supply of money should be…
Question: How does the gold standard solves that?
Ron Paul: It maintains a stable currency and a stable value. If the Fed concentrated more on stable money rather than stable prices… They push up new money in stocks and in commodities and in houses, and then they have to come in to rescue the situation. They create the bubbles, then they come in and rescue it, and they do nothing more than try to do price fixing. Capitalism depends, and capital comes from savings, but there's no savings in this country, so this is all artificial. It creates the misdirection and the malinvestment and all the excessive debt, and it always has to have a correction. Since the Fed has been in existence, the dollar has lost about 97% of its value. You're supposed to encourage savings, but if something loses its value, why save dollars? There's no encouragement whatsoever. […] Gold is 6000 years old, and it still maintains its purchasing power. Oil prices really are very stable in terms of Gold. […] Both conservatives and liberals want to enhance big government, and this is a seductive way to tax the middle class.”

Ron Paul (1935) American politician and physician

CNBC debate with Faiz Shakir, March 20, 2008 http://www.youtube.com/watch?v=k94VWPjUQSM
2000s, 2006-2009

Money , Secret , Way , Question

“Arms cannot be commodities in our world. They must be delivered to the peoples asking for them to use against the common enemy, with no charge and in the quantities needed and available.”

Ernesto Che Guevara (1928–1967) Argentine Marxist revolutionary

Afro-Asian Conference (1965)

People , World

“A novel is a marketable commodity, of the class collectively termed “luxuries,” as not contributing directly to the support of life or the maintenance of health. It is of the class "artistic luxuries" because it does not appeal to any of the three material senses — touch, taste, smell; and it is of the class "intellectual artistic luxuries,” because it is not judged by the superior senses — sight and hearing.”

Francis Marion Crawford (1854–1909) Novelist, short story writer, essayist (1854-1909)

The Novel: What It Is (1893)

Life , Health , Support , Sense

“I don't think I will ever mellow out. I think if you mellow out, you get eaten up. You become like a commodity. So I don't think I will mellow out. It is not in my blood.”

Van Morrison (1945) Northern Irish singer-songwriter and musician

An Oral History of Popular Music (1989)

Thinking

“Coal in truth stands not beside, but entirely above, all other commodities. It is the material source of the energy of the country—the universal aid—the factor in everything we do. With coal almost any feat is possible or easy; without it we are thrown back into the laborious poverty of earlier times.”

William Stanley Jevons book The Coal Question

The Coal Question (1865)

Truth , Universe , Time , Country

“Price dispersion is a manifestation — and, indeed, it is the measure — of ignorance in the market. Dispersion is a biased measure of ignorance because there is never absolute homogeneity in the commodity if we include the terms of sale within the concept of the commodity. Thus, some automobile dealers might perform more service, or carry a larger range of varieties in stock, and a portion of the observed dispersion is presumably attributable to such differences. But it would be metaphysical, and fruitless, to assert that all dispersion is due to heterogeneity.”

George Stigler (1911–1991) American economist

Source: "The economics of information," 1961, p. 214

“In all cases, for all commodities that serve to provide for the tangible or intangible needs of the consumer, it is in the consumer's best interest that labor and trade remain free, because the freedom of labor and of trade have as their necessary and permanent result the maximum reduction of price.”

Gustave de Molinari (1819–1912) Belgian political economist and classical liberal theorist

Source: The Production of Security (1849), p. 22

Freedom

“It has therefore been justly observed that however honestly the coin of a country may conform to its standard, money made of gold and silver is still liable to fluctuations in value, not only to accidental, and temporary, but to permanent and natural variations, in the same manner as other commodities.”

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

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter III, On the Rent of Mines, p. 47

Money , Nature , Country

“The artist is seen like a producer of commodities, like a factory that turns our refrigerators. I believe that the artist's involvement in the capitalist structure is disadvantageous to the artist and forces him to produce objects in order to live.”

Sol LeWitt (1928–2007) American artist

Quotes of Sol Lewitt
Source: Art Institute of Chicago. Video Data Bank (1992), On Art and Artists. p. 1991

“These individual actions are really trans-actions instead of either individual behavior or the "exchange" of commodities. It is this shift from commodities and individuals to transactions and working rules of collective action that marks the transition from the classical and hedonic schools to the institutional schools of economic thinking. The shift is a change in the ultimate unit of economic investigation. The classic and hedonic economists, with their communistic and anarchistic offshoots, founded their theories on the relation of man to nature, but institutionalism is a relation of man to man. The smallest unit of the classic economists was a commodity produced by labor. The smallest unit of the hedonic economists was the same or similar commodity enjoyed by ultimate consumers. One was the objective side, the other the subjective side, of the same relation between the individual and the forces of nature. The outcome, in either case, was the materialistic metaphor of an automatic equilibrium, analogous to the waves of the ocean, but personified as "seeking their level." But the smallest unit of the institutional economists is a unit of activity -- a transaction, with its participants. Transactions intervene between the labor of the classic economists and the pleasures of the hedonic economists, simply because it is society that controls access to the forces of nature, and transactions are, not the "exchange of commodities," but the alienation and acquisition, between individuals, of the rights of property and liberty created by society, which must therefore be negotiated between the parties concerned before labor can produce, or consumers can consume, or commodities be physically exchanged.”

John R. Commons (1862–1945) United States institutional economist and labor historian

"Institutional Economics," 1931

Pleasure , School , Behavior , Nature

“Labour has always been a coalition between workerist and progressive elements, liberals and conservatives, mediated by socialism. It was held together by the belief that we are social beings who resist the domination of capital through democracy; and by the refusal to accept that human beings are a commodity or that our inheritance is exclusively monetary.”

Maurice Glasman, Baron Glasman (1961) British philosopher

New Statesman article, 3 November 2016 http://www.newstatesman.com/politics/2016/11/things-dont-only-get-better-why-working-class-fell-out-love-labour

Democracy

“Class, conservatives insist, is not really about money or birth or even occupation. It is primarily a matter of authenticity, that most valuable cultural commodity. Class is about what one drives and where one shops and how one prays, and only secondarily about the work one does or the income one makes. What makes one a member of the noble proletariat is not work per se, but unpretentiousness, humility, and the rest of the qualities that our punditry claims to spy in the red states that voted for George W. Bush. The nation’s producers don’t care about unemployment or a dead-end life or a boss who makes five hundred times as much as they do. No. In red land both workers and their bosses are supposed to be united in disgust with those affected college boys at the next table, prattling on about French cheese and villas in Tuscany and the big ideas for running things that they read in books.This sounds like a complicated maneuver, but it should be quite familiar after all these years. We see it in its most ordinary, run-of-the-mill variety every time we hear a conservative pundit or politician deplore "class warfare"”

Thomas Frank book What's the Matter with Kansas?

meaning any talk about the failures of free-market capitalism — and then, seconds later, hear them rail against the "media elite" or the haughty, Volvo driving "eastern establishment."
Part II: The Fury Which Passeth All Understanding, Chapter Six: Persecuted, Powerless, and Blind (pp. 113-114).
What's the Matter with Kansas? (2004)

Life , Money , Boy , Idea

“EXCISE — A hateful tax levied upon commodities, and adjudged not by the common judges of property, but wretches hired by those to whom excise is paid.”

Samuel Johnson book A Dictionary of the English Language

A Dictionary of the English Language (1755)

Hate

“It pains to see that some investors are importing raw commodities, although just on their door steps, similar produces are left to decay.”

Ali Mohamed Shein (1948) President of Zanzibar

Insisting investors to give local produce first priority. 2007-11-14 http://www.ippmedia.com/ipp/guardian/2007/11/14/102447.html

Pain

“#The availability of high-quality Model Compilers and Virtual Execution Environments (VEEs) that provide "out of the box" platforms upon which Executable UML models can execute. These VEEs, which exist today in a somewhat incipient stage, will someday soon reduce low-level system architectures to near-commodity status.”

Grady Booch (1955) American software engineer

Cited in: Gerry Boyd (2003) " Executable UML: Diagrams for the Future http://www.devx.com/enterprise/Article/10717." published at devx.com, February 5, 2003.
The Limits of Software

Box

“Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.”

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. 5

“In the early twentieth century the problem of production had been solved; after that it was the problem of consumption that plagued society. In the 1950s and '60s, consumer commodities and farm products began to pile up in vast towering mountains all over the Western World. As much as possible was given away — but that threatened to subvert the open market. By 1980, the pro tem solution was to heap up the products and burn them: billions of dollars of worth, week after week.”

Philip K. Dick book Solar Lottery

Source: Solar Lottery (1955), Chapter 2 (p. 16)

World , Mountain , Problem

“Then what you find out is, what humans then do is, they create institutions - that's where institutionalism has a tie with Post Keynesianism - they create institutions which limit outcomes, which permit you to control outcomes as long as the society agrees to live by the rules of the game, which are the rules of the institutions. Now, if society rejects those rules, then society breaks down. What are the rules of the game? Well, money is a rule of the economic game. There are lots of human economic arrangements which don't use money. The family unit solves its economic problems, of what and how to produce within the family, without the use of money and without the use of markets. All the 24 hours of the day are either employed or leisure. There's no involuntary unemployment in the family. So you can solve the problem, but it's a different economy. We are talking about a money-using economy, and money is a human institution. You have to ask yourself, why was it created? Why is it so strange? You see, in Lerner, in neoclassical economics, money is a commodity. It's peanuts, with a very high elasticity of production. If people want more money, that creates just as many jobs as if people want goods. Then you have to say to yourself - and this was the question that Milton Friedman asked me in the debate - he says, 'That's nonsense; Davidson says money is not producible. Why are there historical cases where Indians used beads as money? Aren't beads easily producible?”

Paul Davidson (1930) Post Keynesian economist

But not in the Indian economy. They didn't know how to produce them.
quoted in Conversations with Post Keynesians (1995) by J. E. King

Money , People , Family , Game

“Even economists can't escape the fact that, as commodities go, labour is something out of the ordinary.”

Steve Keen (1953) Australian economist

Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 5, To Each According To His Contribution, p. 112

“In a commodity culture we have been conditioned to believe nothing carries intrinsic value. Instead, value is found only in a thing's usefulness to us, and tragically this belief has been applied to people as well.”

Skye Jethani

The Divine Commodity: Discovering A Faith Beyond Consumer Christianity (2009, Zondervan)

People

“It is not true that on an exchange of commodities we give value for value. On the contrary, each of the two contracting parties in every case, gives a less for a greater value. … If we really exchanged equal values, neither party could make a profit. And yet, they both gain, or ought to gain. Why? The value of a thing consists solely in its relation to our wants. What is more to the one is less to the other, and vice versa. … It is not to be assumed that we offer for sale articles required for our own consumption. … We wish to part with a useless thing, in order to get one that we need; we want to give less for more. … It was natural to think that, in an exchange, value was given for value, whenever each of the articles exchanged was of equal value with the same quantity of gold. … But there is another point to be considered in our calculation. The question is, whether we both exchange something superfluous for something necessary.”

Étienne Bonnot de Condillac (1714–1780) French academic

Le Commerce et le Gouvernement (1776), as quoted in Marx's Capital, Vol. I, Ch. 5.

Question , Nature , Thinking , Parting

“Our most provident and glorious Creator so furnished countries with severall commodities that amongst all there might be sociable conversation; and, one standing in need of the other, all might be combined in a common league, and exhibite mutuall succours. This abundance of all countries in everything, and defect of every country in most things, maintaineth in all regions and every province a most strict combination. So that, as in the body of the little world, the head cannot say to the foot, nor the foot to the head, 'I stand in no need of thee:' so, in the body of the great world, Europe cannot say to Asia, nor Asia to Africke, 'I want not your commodities, nor am defective in that of which thou boastest of abundance.”

Peter Heylin (1599–1662) English ecclesiastic and author of polemical, historical, political and theological tracts

Microcosmos: a Little Description of the Great World (1621)

World , Country

“If we are content with knowledge as a commodity, accessible only through a computerized bureaucracy, we can simply let companies provide it. But if we want to keep human knowledge open and freely available to humanity, we have to do the work to make it available that way. We have to write a free encyclopedia.”

Richard Stallman (1953) American software freedom activist, short story writer and computer programmer, founder of the GNU project

"The Free Universal Encyclopedia and Learning Resource" (1999) http://www.gnu.org/encyclopedia/free-encyclopedia.html
1990s

Way , Knowledge

“You are for developing village industries and I favour both heavy industries and village industries. To the extent that you propose to advance village industries, I am at once with you. I can never persuade myself to take up a hostile attitude towards any constructive work, from any quarter, least of all towards work attempted by one with your brilliant historic achievements in public life…. I am in favour of heavy industries because heavy industries will save the money that is going out of the country in large sums every year; heavy industries are required to provide the local manufactures of machinery and equipment required by our railways and for defence forces and heavy industries are required also for supplying machinery and tools for the village industries themselves. I recommend more extended use of mechanical power because it produces results for the country much more rapidly than human power. The object is to get food and commodities required by our people for a decent standard of living as speedily as possible.”

Mokshagundam Visveshvaraya (1860–1962) Indian engineer, scholar, statesman and the Diwan of Mysore

In his reply to Gandhiji's letter, quoted in The Most Celebrated Indian Engineer:Mokshagundam Visvesvaraya, 22 November 2013, Official web site of Government of India: Vigyan Prasar http://www.vigyanprasar.gov.in/dream/feb2000/article1.htm,

Life , Money , Hostility , People

“So far we have studies how, for each commodity by itself, the law of demand in connection with the conditions of production of that commodity, determines the price of it and regulates the incomes of its producers. We considered as given and invariable the prices of other commodities and the incomes of other producers; but, in reality the economic system is a whole of which the parts are connected and react on each other. An increase in the incomes of the producers of commodity A will affect the demand for commodities Band C, etc., and the incomes of their producers, and, by its reaction will involve a change in the demand for A. It seems, therefore, as if, for a complete and rigorous solution of the problems relative to some parts of the economic system, it were indispensable to take the entire system into consideration. But this would surpass the powers of mathematical analysis and of our practical methods of calculation, even if the values of all the constants could be assigned to them numerically.”

Antoine Augustin Cournot Researches into the Mathematical Principles of the Theory of Wealth

Source: Researches into the Mathematical Principles of the Theory of Wealth, 1897, p. 137

Law , Mathematics , Problem , Reality

“Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

Testimony Before the Committee on Banking and Financial Services, U.S. House of Representatives July 24, 1998 http://www.federalreserve.gov/boarddocs/testimony/1998/19980724.htm.
1990s

“Bourgeois political economy … never gets to see man who is its real subject. It disregards the essence of man and his history and is thus in the profoundest sense not a ‘science of people’ but of non-people and of an inhuman world of objects and commodities.”

Herbert Marcuse (1898–1979) German philosopher, sociologist, and political theorist

“The Foundations of Historical Materialism,” Studies in Critical Philosophy (1972), p. 9

People , World , History , Sense

“In order to develop a new culture, work must acquire a new status. Human beings-as-commodities cease to exist, and a system is installed that establishes a quota for the fulfillment of one's social duty. The means of production belong to society, and the machine is merely the trench where duty is performed.”

Ernesto Che Guevara (1928–1967) Argentine Marxist revolutionary

Man and Socialism in Cuba (1965)

“Fairness means not to use fraud and trickery in the exchange of commodities and services and the exchange of feelings.”

Erich Fromm book The Art of Loving

The Art of Loving (1956)

Feeling , Fraud

“We have a booming global economy but we don't have a global society. Markets reduce everything, including human beings and nature, to commodities. Societies need more than this to prosper — such goals as political freedom and social justice.”

George Soros (1930) Hungarian-American business magnate, investor, and philanthropist

Marshall William Fishwick in Popular Culture: Cavespace to Cyberspace (1999)
Misattributed

Justice , Nature , Freedom

“The differentiation of the political state from civil society was made historically possible, Marx believed, by the introduction of commodity exchange into the productive life of society, and the resulting opposition between the form of common property corresponding to the tribal Gemeinwesen and the form of private property corresponding to the exchange of commodities. This opposition, present already in the oriental and ancient productive modes, made possible in Marx's view the alienation of the state from civil society which characterized feudal production, and which reaches its extreme form in the fragmented life of capitalist civil society. Here the state, which began in immediate unity with the process of social production, has become a distinct institution operating within this process, which nevertheless still claims to represent society in its totality.”

Allen W. Wood (1942) academic

"The Marxian Critique of Justice," Philosophy and Public Affairs, Vol. 1, No. 3 (Spring, 1972), pp. 244-282

Life

“By a commodity we shall understand any object, substance, action or service, which can afford pleasure or ward off pain.”

William Stanley Jevons The Theory of Political Economy

Source: The Theory of Political Economy (1871), Chapter III, Theory of Utility, p. 61.

Pain , Pleasure , Understanding

“Animals deserve to be treated with kindness. I love animals, and I don't believe humans can treat them as commodities and cause them harm. … I officially became a vegan on June 1, 2009. Even though it's quite a change in terms of nutrition, I have never felt better or so healthy in my life. Considering that I'm a professional athlete, that's quite important … I understand the impact I have in joining many groups like PETA. I don't do it to force people to be vegetarian or vegan. I just want to educate people on the subject to make this world a better place. … Many people … refuse to get educated on the matter because just like me, they're sensitive and afraid to make a change. But my friends, that change is not bad at all. … Millions of people around the globe are going vegetarian for the sake of animals, their health and the environment. I encourage you to give it a try too!”

Georges Laraque (1976) Canadian ice hockey player

“A Vegan Life”, in georgeslaraque.com (August 2009) https://georgeslaraque.com/vg-vegan.php.

Love , Life , People , Health

“Religion is all profit. They have no merchandise to buy, no commissions to pay, and no refunds to make for unsatisfactory service and results….
Their commodity is fear. They blackmail their parishioners with threats of hell and damnation. These poor deluded people give them their hard earned money to save them from a hell that does not exist, and from eternal torment that was invented by the perverted minds of priests to rob the living and in addition, they are exempt from taxation! Insult to injury!
Let me tell you that religion is the cruelest fraud ever perpetrated upon the human race. It is the last of the great scheme of thievery that man must legally prohibit so as to protect himself from the charlatans who prey upon the ignorance and fears of the people.
The penalty for this type of extortion should be as severe as it is of other forms of dishonesty.”

Joseph Lewis (1889–1968) American activist

Ingersoll the Magnificent (Memorial Dedication Address, August 11, 1954)

Money , People , Fear , Religion

“They, economics and evolution, are both examples of a larger process, which has been at work in this part of the universe for a very long time. This is the process of the development of structures of increasing complexity and improbability. The evolutionary process always operates through mutation and selection and has involved some distinction between the genotype which mutates and the phenotype which is selected. The process by which the genotype constructs the phenotype may be described as "organization". Economic development manifesto itself largely in the production of commodities, that is, goods and services. It originates, however, in ideas, plans, and attitudes in the human mind. These are the genotypes in economic development. This whole process indeed can be described as a process in the growth of knowledge. What the economist calls "capital" is nothing more than human knowledge imposed on the material world. Knowledge and the growth of knowledge, therefore, is the essential key to economic development. Investment, financial systems and economic organizations and institutions are in a sense only the machinery by which a knowledge process is created and expressed.”

Kenneth E. Boulding (1910–1993) British-American economist

Kenneth Boulding (1977) Economic Development as an Evolutionary System, Fifth World Congress of the International Economic Association, Tokyo, Aug.-Sept. 1977.
1970s

World , Idea , Knowledge , Sense

“We don't know what energy is, any more than we know what information is, but as a now robust scientific concept we can describe it in precise mathematical terms, and as a commodity we can measure, market, regulate and tax it.”

Hans Christian von Baeyer (1938) American physicist

Source: Information, The New Language of Science (2003), Chapter 2, The Spell of Democritus, Why information will transform physics, p. 11

Mathematics

“The theory of communication is partly concerned with the measurement of information content of signals, as their essential property in the establishment of communication links. But the information content of signals is not to be regarded as a commodity; it is more a property or potential of the signals, and as a concept it is closely related to the idea of selection, or discrimination. This mathematical theory first arose in telegraphy and telephony, being developed for the purpose of measuring the information content of telecommunication signals. It concerned only the signals themselves as transmitted along wires, or broadcast through the aether, and is quite abstracted from all questions of "meaning." Nor does it concern the importance, the value, or truth to any particular person. As a theory, it lies at the syntactic level of sign theory and is abstracted from the semantic and pragmatic levels. We shall argue … that, though the theory does not directly involve biological elements, it is nevertheless quite basic to the study of human communication -- basic but insufficient.”

Colin Cherry (1914–1979) British scientist

Source: On Human Communication (1957), What Is It That We Communicate?, p. 10

Truth , Communication , Mathematics , Idea

“Money is a commodity … not a useless token only good for exchanging; … It differs from other commodities in being demanded mainly as a medium of exchange.”

Murray N. Rothbard book What Has Government Done to Our Money?

What Has Government Done to Our Money? (1980)

Money

“If one fourth of the capital of a country were suddenly destroyed, or entirely transferred to a different part of the world, without any other cause occurring of a diminished demand for commodities, this scantiness of capital would certainly occasion great inconvenience to consumers, and great distress among the working classes; but it would be attended with great advantages to the remaining capitalists.”

Thomas Robert Malthus Principles of Political Economy

Book II, Chapter I, On The Progress of Wealth, Section X, p. 414 (See also: Karl Marx, Capital Volume I, Chapter 25, Section 4(e), p. 742
Principles of Political Economy (Second Edition 1836)

World , Parting , Country

“So it is with all the great leaders: the commodity they have to sell is personality. Mere ideas can be left to lesser men.”

Robert Silverberg book The Stochastic Man

Source: The Stochastic Man (1975), Chapter 13 (p. 73)

Men , Idea , Personality

“Commerce was meant by the goodness of the Deity to diffuse the various goods of the earth into every part, to unite mankind in the blessed chains of brotherly love, society, and mutual dependence: the enlightened Christian should diffuse the riches of the Gospel of peace, with the commodities of his respective land. Commerce attended with strict honesty, and with Religion for its companion, would be a blessing to every shore it touched at. In Africa, the poor wretched natives, blessed with the most fertile and luxuriant soil, are rendered so much the more miserable for what Providence meant as a blessing: the Christians' abominable traffic for slaves, and the horrid cruelty and treachery of the petty Kings- encouraged by their Christian customers- who carry them strong liquors, to enflame their national madness, and powder, and bad fire-arms, to furnish them with the hellish means of killing and kidnapping. But enough- it is a subject that sours my blood”

Ignatius Sancho (1729–1780) British composer, writer and grocer

(from vol 2, letter 1: some time in 1778, to Mr J___ W___e [actually Jack Wingrave, a young man recently gone to work in India, who was distressed by the corruption he found there]).

Love , Peace , Religion , Strong

“We are doing everything possible to give labor this new status of social duty and to link it on the one side with the development of a technology which will create the conditions for greater freedom, and on the other side with voluntary work based on a Marxist appreciation of the fact that man truly reaches a full human condition when he produces without being driven by the physical need to sell his labor as a commodity.”

Ernesto Che Guevara (1928–1967) Argentine Marxist revolutionary

Man and Socialism in Cuba (1965)

Freedom

“Our growing affluence has allowed us to shift from being bargain shoppers buying branded (or even unbranded) commodities to becoming mini-connoisseurs, flexing our taste with a thousand little indulgences that sets us apart from others.”

Chris Anderson book The Long Tail

Introduction to the 2006 edition, p. 11
The Long Tail: Why the Future of Business Is Selling Less of More (2006)

“Technical progress and more comfortable living permit the systematic inclusion of libidinal components into the realm of commodity production and exchange. But no matter how controlled the mobilization of instinctual energy may be (it sometimes amounts to a scientific management of libido), no matter how much it may serve as a prop for the status quo—it is also gratifying to the managed individuals, just as racing the outboard motor, pushing the power lawn mower, and speeding the automobile are fun.”

Herbert Marcuse book One-Dimensional Man

Source: One-Dimensional Man (1964), p. 75

Speed

“There are still films about bank robberies, but let's be honest, the biggest financial crimes today aren't happening in banks, they're happening on Wall Street. This is happening in the completely abstract datasphere. Capitalism is dependent upon this commodity of speed. Making a film about a bank robbery is maybe funny, but it's completely anachronistic. We have to tell the stories of the 21st century, specifically in a way that people can relate to it.”

Johannes Grenzfurthner (1975) Austrian artist, writer, curator, and theatre and film director

via Futurezone https://futurezone.at/english/sierra-zulu-draws-attention-to-soviet-austria/24.578.924

People , Way , Dependency , Speed

“Benevolence is not a commodity that needs to be distributed sparingly like cake or chocolate. It is away of being, an attitude, an intention to do good for those who enter our sphere of attention and the wish to alleviate their suffering. Loving animals also does not mean loving humans less. In fact, by also loving animals we love people better, because our benevolence is then vaster and therefore of better quality. Someone who loves only a selection of sentient beings, even of humanity, is the possessor of only fragmentary and impoverished benevolence.”

Matthieu Ricard (1946) French writer and Buddhist monk

Source: A Plea for the Animals (2014), Chapter 5, p. 98

Love , People , Suffering , Animals

“The smallest unit of the institutional economists is a unit of activity — a transaction, with its participants. Transactions intervene between the labor of the classic economists and the pleasures of the hedonic economists, simply because it is society that controls access to the forces of nature, and transactions are, not the "exchange of commodities," but the alienation and acquisition, between individuals, of the rights of property and liberty created by society, which must therefore be negotiated between the parties concerned before labor can produce, or consumers can consume, or commodities be physically exchanged.”

John R. Commons (1862–1945) United States institutional economist and labor historian

Source: "Institutional Economics," 1931, p. 652

Pleasure , Nature

“The right to have children should be a marketable commodity, bought and traded by individuals but absolutely limited by the state.”

Kenneth E. Boulding (1910–1993) British-American economist

Kenneth Boulding, quoted in Dixy Lee Ray (1990). "Trashing the Planet", p. 168. Regnery Publishing, Inc. ISBN 978-0895265449.
1990s and attributed

Children

“Suppose, now, there is such a thing as an all-round inferior race. Is that any reason why we should propose to preserve it for ever…? Whether there is a race so inferior I do not know, but certainly there is no race so superior as to be trusted with human charges. The true answer to Aristotle’s plea for slavery, that there are “natural slaves,” lies in the fact that there are no “natural” masters… The true objection to slavery is not that it is unjust to the inferior but that it corrupts the superior. There is only one sane and logical thing to be done with a really inferior race, and that is to exterminate it. Now there are various ways of exterminating a race, and most of them are cruel. You may end it with fire and sword after the old Hebrew fashion; you may enslave it and work it to death, as the Spaniards did the Caribs; you may set it boundaries and then poison it slowly with deleterious commodities, as the Americans do with most of their Indians; you may incite it to wear clothing to which it is not accustomed and to live under new and strange conditions that will expose it to infectious diseases to which you yourselves are immune, as the missionaries do the Polynesians; you may resort to honest simple murder, as we English did with the Tasmanians; or you can maintain such conditions as conduce to “race suicide,” as the British administration does in Fiji. Suppose, then, for a moment, that there is an all-round inferior race… If any of the race did, after all, prove to be fit to survive, they would survive—they would be picked out with a sure and automatic justice from the over-ready condemnation of all their kind. Is there, however, an all-round inferior race in the world? Even the Australian black-fellow is, perhaps, not quite so entirely eligible for extinction as a good, wholesome, horse-racing, sheep-farming Australian white may think. These queer little races, the black-fellows, the Pigmies, the Bushmen, may have their little gifts, a greater keenness, a greater fineness of this sense or that, a quaintness of the imagination or what not, that may serve as their little unique addition to the totality of our Utopian civilisation. We are supposing that every individual alive on earth is alive in Utopia, and so all the surviving “black-fellows” are there. Every one of them in Utopia has had what none have had on earth, a fair education and fair treatment, justice, and opportunity…Some may be even prosperous and admired, may have married women of their own or some other race, and so may be transmitting that distinctive thin thread of excellence, to take its due place in the great synthesis of the future.”

H. G. Wells book A Modern Utopia

Source: A Modern Utopia (1905), Ch. 10, sect. 3

Death , Women , World , Education

“The second difficulty inherent in the contradictory character of the commodity is this: a commodity must have use value, but not for its owner, for if it had, it would cease to be a commodity.”

Eric Roll, Baron Roll of Ipsden (1907–2005) British economist

Source: A History of Economic Thought (1939), Chapter VI, Marx, p. 266

“What has worked so well in the acquisition of knowledge and in the production of commodities may work just as well in the distribution of those commodities.”

Herbert N. Casson (1869–1951) Canadian journalist and writer

Source: 1910s, Ads and Sales (1911), p. 6-7; Cited in: Kevin Robins, ‎Franck Webster (1999) Times of the Technoculture. p. 273

Knowledge

“The interests of the consumer of any commodity whatsoever should always prevail over the interests of the producer.”

Gustave de Molinari (1819–1912) Belgian political economist and classical liberal theorist

Source: The Production of Security (1849), p. 22

“The reduction of poverty is the over-arching objective of the MDGs. Progress is not measured by national or global averages, but by how well the health of the poor improves. If we miss the poor, we miss the point. A health system that lacks commodities for managing high-mortality infectious diseases and the main killers of mothers and young children will not have an adequate impact.”

Margaret Chan (1947) Director-General of the World Health Organization

"Exclusive Interview with WHO's Dr. Margaret Chan" http://www.usaid.gov/news-information/frontlines/global-healthiraq/exclusive-interview-whos-dr-margaret-chan, April-May 2011.

Children , Health , Disease

“Milk is the only commodity which has to be collected twice a day, every day of the year. Thus, cooperatives are the only logical system for the dairy industry. About 85% of the industry in the US, Denmark and Australia is run by cooperatives. No other system will work for milk.”

Verghese Kurien (1921–2012) Indian founder of dairy-cooperative Amul

Quote, Amul builder Verghese Kurien's best quotes and pictures from Economic Times archives

“Where, pray tell, are those 'made in Russia' labels? Other than crude and commodities; Kalashnikovs (AK-47s) and Vodka – what does post-communist Russia peddle?”

Ilana Mercer South African writer

“What's Wrong With Asking What's Up With Russia?” http://thelibertarianalliance.com/2015/03/22/the-grotesquely-stalinist-fdr/ The Libertarian Alliance, March 20, 2015.
2010s, 2015

“The premise of neo-conservatives is that markets left to their own devices will produce the best possible result, and that political interference is not required. This defies the human reality that people are not commodities, and simply refuse to behave as if they were.”

Bob Rae (1948) Canadian politician

Source: The Three Questions - Prosperity and the Public Good (1998), Chapter Two, The First Question: Self Interest and Prosperity, p. 39-40

People , Reality

“If there was never any difference between the value of commodities someone desired to sell and buy on the market, then no-one would ever desire to accumulate wealth. But an essential feature of capitalism is the existence of a group of agents with precisely that intention.”

Steve Keen (1953) Australian economist

Source: Debunking Economics - The Naked Emperor Of The Social Sciences (2001), Chapter 9, The Sum Of The Parts, p. 193

Wealth

“So far as supply and demand are concerned, books in general and works of fiction in particular are commodities and subject to the same laws, statutory and traditional, as other articles of manufacture. A toy-dealer would not venture to sell real pistols to little boys as pop-guns, and a gun-maker who should try to sell the latter for army revolvers would get into trouble, even though he were able to prove that the toy was as expensive to manufacture as the real article, or more so, silver-mounted, chiselled, and lying in a Russia-leather case. I am not sure that the law might not support the purchaser in an action for damages if he discovered at a critical moment that his revolver was a plaything. It seems to me that there is a similar case in the matter of novels. A man buys what purports to be a work of fiction, a romance, a novel, a story of adventure, pays his money, takes his book home, prepares to enjoy it at his ease, and discovers that he has paid a dollar for somebody’s views on socialism, religion, or the divorce laws.”

Francis Marion Crawford (1854–1909) Novelist, short story writer, essayist (1854-1909)

The Novel: What It Is (1893)

Money , Books , Religion , Law

“A decrease in the world supply of wheat has resulted in a very large increase in the price of that commodity. The position of all agricultural products indicates a better balanced supply, but we can not yet conclude that agriculture is recovered from the effects of the war period or that it is permanently on a prosperous basis. The cattle industry has not yet recovered and in some sections has been suffering from dry weather. Every effort must be made both by Government activity and by private agencies to restore and maintain agriculture to a complete normal relationship with other industries.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Second State of the Union Address (1924)

War , World , Effort , Suffering

“Oil is like drugs. Find the commodity smugglers. Many are adventurous; they will buy from you at a discount and they don't care about embargoes.”

Muammar Gaddafi (1942–2011) Libyan revolutionary, politician and political theorist

Statement (11 April 2011) as quoted in "Gaddafi clung to a fading reality" at Aljazeera (21 May 2012) http://www.aljazeera.com/indepth/spotlight/libyaontheline/2012/05/201256134918771317.html
Al Jazeera's mobile phone wiretaps

“Are the solutions offered us always to be too late? Shall we in Great Britain invite three-quarters of the world, including the whole of our Empire, to join with us in evolving a new currency system which shall be stable in terms of commodities? Or would the gold standard countries be interested to learn the terms, which must needs be strict, on which we should be prepared to re-enter the system of a drastically reformed gold standard?”

John Maynard Keynes book Essays in Persuasion

Essays in Persuasion (1931), The End of Gold Standard (1931)

World , Learning , Country

“If the importation of foreign cattle, for example, were made ever so free, so few could be imported, that the grazing trade of Great Britain could be little affected by it. Live cattle are, perhaps, the only commodity of which the transportation is more expensive by sea than by land.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book IV, Chapter II

Sea

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Quotes about commodity
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