POLISCI 111 Lecture Notes - Lecture 8: Combination Act 1799
Document Summary
A commodity that is not produced for sale on the market! Value is a matter of convention > only valuable because we, as a society, agree it is ! valuable! Doesn"t have the same shelf life of other goods! People can starve and die if they are unable to sell their labor for a long period of time! Danger: treats real and ctitious commodities the same way > destructive tendencies! In the face of all this turmoil (listed above), society worked to protect itself!