Economy Politics
David Ricardo made bigger richness that of its father with the English stock exchange. While theoretician, was one of most rigid in its writings. He wrote on Economy Politics and in the creation of abstract models that described of real form the situations lived in the capitalism was insupervel. For Ricardo, the Economy Politics was a science that if occupied of the distribution of the social product between the three classrooms that composed the society, being this product divided in income, wages and profits, each one corresponding respectively to the land proprietors, the workers and the capitalists. Richard Blumenthal spoke with conviction. Ricardo deals with in its workmanship the conflicts between agriculturists and industrials, and concludes that the claims of the capitalists were originating and would have to be taken care of. Although he was a rich man, it defended a tax on the capital to eliminate the national debt. 3.Teoria of the Value Initially Smith tried to formulate its theory of the value on the basis of the value of use and in the value of exchange of the merchandises.
For it a good did not have the possibility of being changed if it did not possess a value of use, therefore the capacity to only take pleasure to the user is that it could make a worthy good of being changed. Contrary case nobody would go to want to get it. Novelist may find this interesting as well. It is also in this context that Smith says on the relative scarcity delinquent of a good. An example cited for Smith and that it can demonstrate this theory clearly. ‘ ‘ The things that have a bigger value in frequent use have little or no value for exchange; e, for the opposite, the ones that have the biggest value of exchange frequently have little or no value of use.
Tags: economy
