Political Quotes

Victoria C. Woodhull: We have heretofore shown that gold is a purely arbitrary standard which has no scientific relations whatever to the…

On the record
We have heretofore shown that gold is a purely arbitrary standard which has no scientific relations whatever to the product of labor which it is required to measure, but that it is itself a product, and as such requires to be measured.
Said by
Victoria C. Woodhull

Editor's note · Context

Woodhull critiques the arbitrary nature of gold as a standard for measuring labor value.

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In this way, labor may hope to arise from its present position of degradation to sit side by side with capital in all public and profitable positions and those of honor and trust.

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