128. Are wages and profits influenced by prices?
129. Can employers recoup themselves by a rise of prices for a rise of—
| (a.) Wages in particular employments? | |
|---|---|
| (b.) General wages? |
How does this question bear on the efficacy of trades-unionism?
130. Do values depend on wages?
131. Explain the following statement: “It is true the absolute wages paid have no effect upon values; but neither has the absolute quantity of labor.”
132. Explain the statement that “high general profits can not, any more than high general wages, be a cause of high values.... In so far as profits enter into the cost of production of all things, they can not affect the value of any.”
133. Explain fully why it is that capitalists can not compensate themselves for a general high cost of labor through any action on values and prices.
134. “The value of a commodity depends on its cost of production.” Under what conditions is this true, and what causes interfere with it?
135. Describe the hindrances which impede the free movement of capital to those fields which apparently offer the highest return for its employment.