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Surplus value is exactly equal to surplus labour; the increase of the one [is] exactly measured by the diminution of necessary labour.
Karl Marx
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Possessing utility, commodities derive their exchangeable value from two sources: from their scarcity, and from the quantity of labour required to obtain them.
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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.
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