Money, Value and Price. Labour Time as the General Equivalent

  • Adalbert G. Lallier


Marx’s subsequent lengthy elaboration concerning the issue of the replacement of metal money by chit money is introduced by yet another review of the ‘contradiction’ between value and price, a discourse in which he includes several references to ‘universal currency’.


Actual Labour Real Difference Commodity Price Average Figure Labour Time 
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Notes and Comments

  1. 14.
    J.G. Hubbard, The Currency and the Country (London, 1843), p. 33.Google Scholar

Copyright information

© Dr Adalbert G. Lallier 1989

Authors and Affiliations

  • Adalbert G. Lallier
    • 1
  1. 1.Concordia UniversityMontrealCanada

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