ABSTRACT

Part 3, Chapter 10. Detailed contents: 10.1 Introduction: A very diverse group grasping with Smith’s system. 10.2 Population as commodities regulated by monetary wages. 10.2.1 Population-commodity theory. 10.2.2. Workers as commodities at subsistence level. 10.2.3 Resultant position in relation to the Poor Law. 10.3 Ricardo’s (embodied) labor theory of value and quest for an invariable measure of value. 10.4 Rent, profits, landlords, capitalists and how to feed the human commodities. 10.4.1 Corn Laws and theory of rent. 10.4.2 Role of landlords. 10.4.3 Supply creating monetary means to generate demand or market gluts? 10.4.4 The role of capitalists. 10.4.5 The stationary state. 10.5 Conclusion.