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iA auetae David Micardo (V472- (382) MT Pan of maethamedtios pm Chan iny Phenomena and — Guoleyy -- Hen awk war H UT priveipl- ¢ poliZioal Laovoreg § Tension | Endablinkad — Ricaxdo an ome oF tle ved { pobitceol oo) qe tod preprmr enol Clb! (en. p efoto“ Eoomerncint - na ot a che Theory foulior Liege Feet hat’ contig olf pent ip Bin OE ne te 7 eTOeR, . al ane Vater. in woe FY lane s mm S (bared ov ke nearer Uo the fe bor— content ewbdied i a proto lion 6 fa geo) xy het Mio The." hor ond ie: Of Valus” a and whet ae. its bai ? fra: Labor end Taony Fhe? ) Premeared guentity ga geek chen Vs} fooste_ fee Value— ' » 2) The Vali gg ral gle» ‘woolen , picduec— eta. aac oF dead Th 4 qeerdity 6% labo 34 raquinth fon prod | Re cca: Nopprroily cook in abwatihdad issn Vahus. 1Clavor- aoa ) A) Rieande aacittes the diffently 7 Jsbor. covtewd and. daneh tenn Thaany Com~peraen og type? eavanrs di fi£o y Aairty beamoe. og B— irtennily and Tru degree. of dendenity a favour (ote tla) embodied aaronn — differcer| @ iw differnrt hyp GF geal» a >. Bud im ameken compared ive advantage fellown Fi-— ppaortonity cont Theo - Borin He do bour, Cont Theory GF Made Or Petron Th follow ing Lorahiond 1) at ia He. fowrchtion, rower. & Subatanar ee Yelo— * 2) Lobowe aval 7p abro te and Tha CONDE. of Charge polative. value in 3) a fa The Clorat weoeaonre fo doo-drint- — Value— y 4 a D) a seaven a alical $ Seed eamen'ty | QM fiedl™ Z prec ° 4 5) OP inten-evlote> 2ammmie valur & Teahwvoloys i L~ brief Labor. in Me. pole Gidert ie ‘ oe Ae) Aicplain Rrewzde'n Theory 9f pert ened the awe of diwninh~G petunnn , whieh J eventual ah Pf % oN ation “ny pele Wh predictors did Aw malta baoed om AP analyst Pras Theor gL Dinter bales Rraurdo Diotu bition jo Ho priviple problen F political Leeroy - lod ene (rou) Pao duct™ drtabil~ eo | Capito) % (Pryfit) Tod depending apo roeio~ poltica| dy. ~ loleor. Cae) 4 Soeitly A Land 2 An toe peplal~ peor POPUL, , WO yore jmoncent (rw), Penrkide— land? jrperisr — [owdr ants tory hI th aulival > pp yl & imferron dan dee Lin <— wage = nin» prpilo (+) poo - EPS > deetiner (¥) ‘ a yale Ri > Ar pagita (v), ne ak > Applied He— pric Wee prdebmn~ Z Lng bale (B reony /Doednine. ge Rel! gt he 07 Malthe ton d To nnrem of perk, a cont wey Ankrrory Sfarkd working ow the Tho] [eithor chacly choled LOMR . ) LDMR efents aguentfare Prnsd jn aterih- ond pdr * a pyle P dintaiosl? depensh noeial iP alitienl others facforD | Agric tae i * Ret , wage? daveloyrievt anerd fed _ LOMR Shown wp preominend ly prenltwee-, Mm “4 Adorn Suit. — NS ST Rik in th, pret. pale i Se b andy Pare, Tha Pes ¢ foowtls Fon Phyntenela 3 lant in Tha Fale gitt ¢ nature thea ivehearor Fhe orion wealth Rinvade oo) Rin a” pee fae probec ge the early whi in paid te | londiorads fore He une $ the. oniginal 4 indentowatiele powere of the neil ) einak » mond Pedi. F weal f AA under ewtivad (ow hel Yo jrfersore— lowdy in predvedivity ith be avoreeble fond f° breowrg ©) and, Ao PP mad f& be uned => Th di ferene— = Aa populel™ (*), foddibe inal roe Land (*) ah yields A rfociore, land &), Lyaepd @) ] Profit v } 3 prop Hl) texd He preblene = Applied He pri ; ysl B & Ube oe v se Penk Erm yield. eee Jat Plot-4 > To few 40-6 24 fee Plot -2 = oe pe H-6 eee ands Pot => ¢ ot tow 6-6 sat™. Critique ¢ 0) the apouial Theory Ret pti conve Hr be by ond org 2) Teebwiend ahyanerrrnerA / doreloprecel Ao pe ee| | een pferdtile_ tend peliivatede. fo pore eke pees fhe Reanadw whick kip pend, —Thaugh Aer v0 abolioked it, —themy F | Longe: tie Cape Fee - pie ppl F Sanaa hnaaticngatac CI eT) » Pen copis eral ee 9) fr copsds ome 909 D Short torrn Akh oH 3) Long dear OY whieh he dubbed «9 #) Shorten’ hin nenwrnurete laloor: hol (3 Page 120 ) d-2 Req (toby Mid=2 oe ) Aw, volo - Stuaat i ee 73) =~ He Hed ™ cxdza oredinsiey holat, Ae wan very noprd Mm pencling Son of James Hl + combined, csmplut me clnica! eth m The prinaspha gE polit ha, Lemsrn and Tie | (book) ca) SarevOl- eabing Application 7° Soual phyloe # Dfred/ pohtiea) eeorony 2° & with the raha ¥ wealth, fawn and sto product and Liner bution + + Clanifie! asmmodities rvto theee. 12 LY WAY Thane whieh car be imaresed ap farouee. it pp divi he ™ 7o0 re “) podooal (nocane!) Yale adeeminerd by Ke rel WAM poiwl om He oid prota v) Morbid Yalta - dettrmiracd by Sypoly and demand | z| | i | | | \)____ al % Lick cawndl be jworearod al please ea Rae prchweo>, artifacla ae. Alas, anthin iten g jlrwdliona) teade Thal med wef be handy at “fort rK FE phopl eun Oe inelded’ « sueultweal produad> Hel cow foe Imenenoed V) Thee mn) Some. only al 0 Right wd g produl™ — $tando ia the moony petwan He earkior mentioned foo Carsor The pbaram in Gisbrsbil? jn an ple noaiedy, He with, Ricard. The nevi thal Ricard oped pa creme gv He produne. in sohere omentiond Leh He amowl ff capital which ar path 4 nee 5 Tete Ie uae oottll being Ke name return if enyhyed WM pdm alban lend a eg HEM Lod of rroner? have evaluuve prover a fond Bd, “Paced > i Hegel , ofa g tee fn USA pin dead evlinated [end i at” 390% cam iw BD in abaalt Vara? "ZF exalusion principle applied on nome. Kern trea be rifle ap (mpons [cop Poni 7 LSM we aot belie & te rab) Lane! oh ; prarhedt thacey faa # Lounge * Delewmined > dhs oP demand § Spt forces Limifal™ ep bol would fo nece4/ #6 provide (afew eae 3 xaw hoy a pay highs wager fo ae obnely pecktive te woger: Gaon » fogit? froft profi include wager indole anct sare FO) indesnily fp pwaink ~ if io ets [ha 4 on. copilolind we preeme , Suzan one pad ranges, pet book for ¥ Cormavngl” (ond Bolton * ) Aula. mopl offer Cumnical TS AA sar hey alah an OAR paige, fecordiva fo hive average goats! pascal” Q gt acpi fil gt om dare i end would be demon] gee * it hopper it » de nae hype ppedicarlet F + [etrenshional Trade | Aggro ds Riakdo ob CAT The lows & puenored value Hed deporda on the cot of prodvetion dee» woh apply fo pt. teody becaune fetonn of protsel” ane rmmokif&- asteo/>> counties « The velue & foreign commodi trey depend? om the deo fr. acmmod: Ao tet = ane euhaged 0 Panahall- lesente cond iepord for. comme. ary enon (Fog. aay BZ : o Zocialiam ro vudnsnabelt ~~~ Time and ndettadl ae veoh produte Mn tt grad with Halil en popublion- preventive chen bs - / Clara 9g 0a Go 2) t Wid Ww Eesowe eonbib l= 4 Aan a Consee Syndews: ard Moa Cine $3)! Ome og Aindory’s geke camominl — end poriolegnl> ia g _prrrsiodion: fo SER corn plte— vnedeh fe the socitty . F hang: Blan phe #2 feos pri” | elar> avdagenie™ 0 Elaborate =) Thet Social ow suleows— - empiier befor aosirh oferrer. alienshion. » ee ew Coan’ > Mew connacvadive* 3 Maw oe tisd bering any oeelol orate fn about ths ome» i) Elabouclion ep eowaerews about Seeval 4 P cote ties 7 how preted ion ta carved auf. And whe or Ane faregeh , nee. i plervis mA fhe udp uf ede ‘ pstimally Ufrrrmin all arpetl> oF Sain janabieniongs Me wealtts nocial poet, ptafur ele. art othe olen? E Sua ooriecl oven The prodaa I= precn® ad ils gidnibiovy - CAP Contnadiclion tect warm tac aspitedicl (Ae owners) avd fhe prods toxin (laben) a heen i. anpxtaliom> . toasty eee spends) Retedity eaee ex pitelion~~ bow Leod> fo efiwinal Z govped from ° ) Plarenees ¢ centralized p Meominny leeds + averepreedine ies aad der pe dees : \ cS) Demands fore ners improved i Moye teabore loo and wabhininil> wil lead | Vertreod fe voore 4 wits vonerploymtend and 2) Moni ronda) & horde pre feTanios © Covey die. W) Cordes] of thea Staleloy wealthy wid jeod fe were, explostal™ . (enna) Secchi om AK gp HL above golly aneibde to inerecarad Comnerowmness and afar rlrrggler, wxhiel (Ultinadely fod to Change the. ecomernrie by rte - | | | vem Mr? eomtrivabion fo casnemie. Theony \ | fee | ) €emarmre, interpretation ge history vad | ) Motive oo fer oo "SA plored developed — path in ar abtenndiy Siraer g esjitabot developmed | altexvalive - | —_— 02-03-15 Sat taldee, * Hialeaiee! — everla of clas shaugales are bared om cong lied betwen the Ath of prcdvel > & pelelion FF pe heal Hede.niahiod __idexpactabion of Eats Mode? The. petioles ania werk $ prodval = \ i U d Seale A) Heat determined enone polities! a oe | y align” | bee pot me cali Yo | ay ows Pog a eae snl g bab 1 Dregansers is ") gerqrphiel envinen iO nocichf ¢ deorsle saciely” Cl = 1D divid bd beleotin oe o Led Cle? proper hed oh f Hen- pepe” Proce» ¥ produc!” § the Chun dlenclw edasl cath olla at come Sage develyrmord. wt the | fa poe yr Yigg OD be changed sche ees te- coil | 2 pected Fuly 20 GDP coun bank” | ftast F Aa evil ~ Muyti 4 | RR RS w i to Sail pov lil hie of the enonimic. § 48 sakigh Theeslons prope’ 1 ntrewlt 1 Hist lead Yeod> fo rertheargh a i fuictiend Systems ° (V2 op. Now ZOD Clash q fn mrotuclive prec? (Andi Theale cythiaie, whch ager ovedfime developa - mee Mang abitnie - Gye conse oppor proerr2 Sunplus Value 2 (0) eter" pases. baste ge Clan Alevgy le vende aapitaliom gy" in Tha. setesme. of aneumnkie vordez_ copifaliner - Copitotiam har tee Predlagoniot sae © Lavoe paste OD opitalds = >in Ke tehte Ff He een) £ prstuad* nabaalence recennaed fore he mainte porte BZ laboure-—porserz, detuzmined (rephenohorint) by fog number x Llorr AHtlrentoahd bur ond ban porecrn] hgarer peg sited pesto pubprrtonee. re pe mecenny fe US Yreme in I> ors le pratiee th oubsrdoree diateibted 4 no op as aor, aghty neil hritenslands gafi? \ cnierdd Erdia 9 he of bon mm the Pear : tee Se Supls Valu. . 0 = * Reynold , Forte mao Coptal_feewwulel® + Oogeetive in & rwwinht maumize Ke Surplus Vole + That can be dene mm aevets! wayr- fe Way of /nereaning Sy: 5 Inereaamg (t+) the number 62 Wonk dower i) tecraeanins the wage vale . w) Emphying mone efficent coll (Via teoknobg/er development ) Hen nyplacirg Aabote - The fied 2 are ne implemertrble, 7Re capita lits woul! a hoay? preter Ke. taf’ pove and meee = fhe syv>o t aeeumulil > yn Question in, Could capital euok = Vahye_ puperade diy feo aber? ¥ Capito! re) nothing bit aiead faborerr Users which live Lhe oe Vempizes” . To exphin the engin of prot ond the ribionahs of wages ord profit, Marx. whoduend peveral covexpi> and puxponded p exphm Ae procls ¥ ecremarat® . poset] or” ane makyeald eS j | ot Coprel(e): 7 Capit ae ee ele, _ Civelwaers) N - ‘ Veriole axpitel iO oF Lead o Subpintenee. ete: ee sy , ' tye Cl l6 hie aE ue —— purepli» Velie. aneurnwel ion Mev. Sheed the coddwh be pooled , Depirdrustal rehome for Simple and aa Produsthion ¢ fe “elal Yoha. produsl= C+ Vt F [fecall ay Z"! A Copited da geol> K cane eee gob? By Mere Oded 9% He Lesnsrily a fof - Deph= 2 Copite) gests Cowaerme Wy = Cyt tp Wyse, tuts) tL and jhe Wretv+ Sa We Seven Value > Neo amalehion te coll be paid a ntodionny pe a Kenn going 1 Sectioning Sfale * Sh: Sea taginal — pabdea tivity Thay og Dedeibel” | Vale of Me bs aa ene Co =F e,+uts, girs Fe a. chef i GY tC, 2g, 4H tS >e, 2v+8) , # Simnidoaly foal connumpl” bn both dept j sould gee dept 22 C,tV2t$2_ | PUTS AVA = Cat Mt | th 2M +5, of The osmmodify | fins cowacmed by copidalinds | % Homoges grasa F Degrse — 9 sagen , Dina Sabairbinds | [ium the cower by wool t 3, > Volar ef eownmodt ey > Vale g Variable capital, expended for wage smtialy 7 Hen remvo maleritr tei bubr Bn rwoulees, Spin (yg: Srna) Engen poothelion Sehene.* Presonsll? foku> ploor bee ae peed” ~~ Del 4 7 Qervaond. for corsterd copie) tn ook The Deparcbrnesrls gomlaned ; | WA ee. NEU tS SY ter (OH) Ss Wy th On q > GH rmpllr peal employing opaane. Jabowe.(V1 Wve acorrviltt® by \¢ mone coulawt Capital (C1) In the Dep 4 > (*) Sy (Soreplar Valus>) >) eeucmatsl Dyn aes P Ne Ser yeics Corpor tion ¥ copitel: we explin He raise ¢ exphreion Moro iwheodveed / explained She. relationships between OY gS. S = the Sua phn Vadut- (or. explitalion te rele peopl (vw) cen Charge ee / Mare odrvtid! Het Harrgh Hel teeknieal pryctss and M(ineraming) GH rea & pevht ane_ean be waivlawed only bA wel for even, Frenteally - He rot g£ profil will soul deahineng ete yen gecally eutivred beaaure he asutdwd addr hy polesdial pute G Babbolay cal odvene, aay os Dreaiin e Aegsrnndodion » ° 1) Concenteadion ¥ capita) in the herds & few peep bs ie omer ae. papeeed oul (9 Gunite) 3) dewend foe Labour 0. Y a (S)* A) The porn of " Gn dupdrial Reacwwe pea! F Ei d Sfaaly fo He Sabaialoner Level: 5) wage decline pe : (Gebaialenee wes ny Jol iy as lo ore Bees we the nde F profit art (4) eveen or(%)™ even with Hadh feglewies) — progr? Ye ferdeney/ 4 Falling (ale g pep: W eo aa = a av GW > OM pbb, VK oR erkd aes nih gf GY Capifalind pesih to (T) pp hited” by K> Irereariry 4g worker? () wil gee Riga Frcquoty + geval ee wie re 7 Ene rebel beoww> § buale fp lleo me anchor BS. Viole Oyerfiro yY capiteld Splew and’ poaieliom rept? capa 4 The dunalion/ rodent Z ah buile race_ seceleatel on Glogel (*) woncmphogmend nuanlonen ord woes N Guida: ‘) Pun plur Yale “geen Nisin 2 Sher. wor Palla a fieah}- >) Tehri cal preegaent Pnescacr employmeril: W) Ho anger fe Halng athe gouge ban yo bone ul» =) A Sfelic eralyaie , bonne, AL 40% fabowe_ These y of Valea. % Cabsntence. Keory coagee> Clans IT = Y pie Wise order osow, (1535-1882) Pay. -259 [Brder Hveman Gonaen'a Lawn evens ~ - - Tews therey tended Fraser Subshrodiong eovouteagl B Laid empha om the atlinlality g Aen workr Davelosed — firah dignee. ¥ utility ee craegeal utuity . And applied the amoral g MU met only corassaplion px tae qurcol prniod bet also om te fidone- te - dinenud mg Ha fatons usin ewig Ke pea? ge discarding (Pv) Folge We! Yalue ntemmed forem Hs. Mp GL commotition the peelo E exchenge wn fhe ato F He. rue/ proces gli He cammadifre> eonegen * \ a Berk” Completely apiasil — with Riau, bid eryehinad He thang poomabit fron. Defined Rerd oo Fe He execrs necud by te wait fodile fends a dee A the land bond? - 4 Capital Irnvalvers fosbo/-meahinee Hed eralele. Avorava ts paodnoe— gests ue Harralve » Emphnsee. the time elemot im Yee prod of copii: M-E+ Leon Nolan + (sue) Redanded Equl? g “ke vabver lant ely Oot 5 colli Meee Boles! Ehren GF Pee. Loomerits , 1874 ie aly attempie d fo build canaries & & Actinel Sajemoe + Cherjnhod Ke hon OF Separeedlinng pwr | eomnennions Naor applied eeenomicd on Sasol eosneves + dineovenr of the Mb Theorey - Develop coh theory ef enakorge § gente] Qo- podem eqs libsiwwn - Ganka) Eyilibraven: J teamynclentie® a ee gene! equa developed by valhas ° a) Eoak individual ison! Aave oly ome. utilet cwnre. for eek eommadity and isaud sty 7 amncense — hin / A> utility Prong exchanye ty -venke> merimuem wher, MU = Roe ») ui f i) Pesreamd() fore eoeh commodity = 9 fe ecoh covmmed 2 d= 2 £5 comer feo Hin walvariom qe ist ie Kime, ten the ot eq” heacmer redodenl Tieng of p32 prod!” : evehad 4 comprchowine. piChine of fe clear Plow yg protic” & gerunal a”, “Dungy of dinbeiboulion : (and COMMU WA) ney) E gual ee el A . /y ns 100, meq vality F pooritionn oi hk soarpew p postions indi vidal svighl end 9 Thadtemdition Hy emt I tout + ‘san, J Theoey % opi h/ ES Creo fleineel the. vole. and finetio a of cai fal Mm a mone velrned ony with ql emphaar — gy inkerwd ¥ Alltcced feo dehud™® fore } capite| one for depreciation andl Ke Che fore mouronac enyconaers te pode omets againah pe. rable rial of Ansed “4 po e # Keoguized four Hos narlediny eapited Tee types Add by COMUNE (A> amarmer geots and casd~) pnd fed Wyre fy protkanyy — A> Yar materials and Lininhed gros ‘ Theory of i | —¢— Cony Money holdings ate vehled fo MU. Th price of rncyey 1a meswponaTed ~ other equalions beeawe | dung PorporTart economic. —franractions Sine caine Bits am depended n bbl tematinn. Final ni ea 7 anion! | “Meh indeeverion sy fae ak bu ‘ to veaomnund Sfak- mlezvorim fn, He. rake. y oeemify, edunal > uation, reilvoay , Labor. anit, — rpeertelive aad . : 2 Date! 12:03:19 Tue Chn- 18 Viltrede_pareto (Is4s- 1923) Page-'29 Eesnemien jo pure ceonomies' Pare deve load i de a mathemedionl dlinejaline. - argued tod eamomies 10 epertial Phe Heony of prio defexminal im wd. a Aypotketion) ve gin £ abrolnde esmpcdi far png vty and Arimonviy: Wan vol epmfordoble with the farm A LOK eaonsrvnd ef. - Jew — called Mv xe Lined degree x vikity’ whteh neferceal 0 “wrarity "by Lem wWakrod] where a , porto biked b called jt A. Ophelimie ehmentaicg § et Macgrral Whit Avra Vy Ge 4 commodity to padingy hacwam + aS Me Sugyerted a bu — 3 General Ayuil bri ¢ “Ladd exphario on wed remalial wetted invent gation F camsrie prokleran/ frnvir, —Prepened fo ahew geneva! imderaypordones @ emeone quant fier , insuce | problems» Indi f fare curve Analy nin: * TResny Ff yale tn dinesrded in favor & the theoreg 4G pre « He Ld eecnsmitr Y Powred fe content & fe stall shoud peices Jotol utibity ™ viLwA MU) dedenrninstion % Tavoved fy omee pl ¢ ‘onchinary ~ View Ge Corndimaity im — favmulated Heong of Choiee -

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