Note 3 — II. How Actual Life Requires that We Should Set about Solving Social Needs and Problems

This settlement of labour conditions outside economics, pre-establishes a basis of value for commodities comparable to the basis already established by the conditions of nature. The value of one commodity, as measured by another, is increased by the fact that its raw material is more difficult to procure; and, similarly, the value of a commodity must be made dependent on the kind and amount of labour which the “rights” system allows to be expended on its production.3