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Socialism

Note 142 — Chapter VII

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It should perhaps be pointed out here, to avoid misunderstanding, that Ricardo hedged this doctrine about with important qualifications—not always observed by his followers—till it no longer remained the simple proposition stated above. See Dr. A. C. Whitaker's History and Criticism of the Labour Theory of Value in English Political Economy, page 57, for a suggestive treatment of this point.

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