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Barbara Ehrenreich

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In the new version of the law of supply and demand, jobs are so cheap — as measured by the pay — that a worker is encouraged to take on as many of them as she possibly can.
--
Ch. 2: Scrubbing in Maine (p. 60)

 
Barbara Ehrenreich

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The owner of the means of production is in a position to purchase the labor power of the worker. By using the means of production, the worker produces new goods which become the property of the capitalist. The essential point about this process is the relation between what the worker produces and what he is paid, both measured in terms of real value. In so far as the labor contract is free what the worker receives is determined not by the real value of the goods he produces, but by his minimum needs and by the capitalists' requirements for labor power in relation to the number of workers competing for jobs. It is important to understand that even in theory the payment of the worker is not determined by the value of his product.

 
Albert Einstein
 

Supply and demand constantly determine the prices of commodities; never balance, or only coincidentally; but the cost of production, for its part, determines the oscillations of supply and demand.

 
Karl Marx
 

The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.

 
David Ricardo
 

Why do we resist giving help to homeless men? In part because we don’t understand how our pressure on men to support families often forces men to take transient jobs that are but a step away from homelessness (the death-of-a-salesman jobs, the migrant worker jobs…) and in part because we respond differently to men who fail [than women who fail].

 
Warren Farrell
 

I cannot always sympathize with that demand which we hear so frequently for cheap things. Things may be too cheap. They are too cheap when the man or woman who produces them upon the farm or the man or woman who produces them in the factory does not get out of them living wages with a margin for old age and for a dowry for the incidents that are to follow. I pity the man who wants a coat so cheap that the man or woman who produces the cloth or shapes it into a garment will starve in the process.

 
Benjamin Harrison
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