A Quote by Erich Fromm

Fairness means not to use fraud and trickery in the exchange of commodities and services and the exchange of feelings.

Erich Fromm

Quote Topics

Commodities Exchange Fairness Feelings Fraud Means Services Trickery Use

Quote Author

Erich Fromm
American - Psychologist
March 23, 1900 - March 18, 1980

Even the reporting of news has to be understood not as propaganda for any particular ideology, liberal or conservative, but as propaganda for commodities — for the replacement of things by commodities, use values by exchange values, and events by images.

Christopher Lasch

The value of any commodity, therefore, to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities. The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.

Adam Smith

You want my dark side? Have I ever stolen anything? Not so much intentionally. But I don't think it's so much stealing as... being a part of the flow of the universe. You know, where there's an exchange. It's positive. It's negative. There's an exchange of goods and services.

Bill Murray

Debt is not just a money thing. It's about owing and being owed. Money is just one thing you can exchange. You can exchange good deeds, you can exchange revenge, you can exchange murders.

Margaret Atwood

Within the market society each serves all his fellow citizens and each is served by them. It is a system of mutual exchange of services and commodities, a mutual giving, and receiving.

Ludwig von Mises

Culture is this thing that we can exchange among ourselves as human beings to knock aside our differences and build upon our similarities. Cultural exchange is the ultimate exchange.

Chuck D

Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.

Murray Rothbard

If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange rate. If it's an unattractive place, it will have a relatively low exchange rate. Those are the fundamentals that determine the exchange rate in a floating exchange rate system.

Milton Friedman

The object of the law of value is to elucidate the actual exchange relations of commodities.

Rudolf Hilferding

The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a fixed exchange rate, abolish your central bank and adopt a currency board instead. Either extreme; a fixed exchange rate through a currency board, but no central bank, or a central bank plus truly floating exchange rates; either of those is a tenable arrangement. But a pegged exchange rate with a central bank is a recipe for trouble.

Milton Friedman

I think that educators are in sales. Essentially, what you are doing is making an exchange with your class. You're saying, 'Give me your attention. In exchange, I'll give you something else.' The cash register is not ringing. It's not denominated in dollars or cents or euros, but it is a form of sales in a way. It is an exchange.

Daniel H. Pink

Communication is merely an exchange of information, but connection is an exchange of our humanity.

Sean Stephenson

Commerce is the great civilizer. We exchange ideas when we exchange fabrics.

Robert Green Ingersoll

Modern bourgeois society with its relations of production, of exchange, and of property, a society that has conjured up such gigantic means of production and of exchange, is like the sorcerer, who is no longer able to control the powers of the nether world whom he has called up by his spells.