This is perceived by the fanatical representative of the industrial bourgeoisie of the th century, the author of the Essay on Trade and Commerce often quoted by us, although he puts the matter in a confused way: It is the quantity of labour and not the price of it (he means by this the nominal daily or weekly wages) that is determined by the price of provisions and other necessaries: reduce the price of necessaries very low, and of course you reduce the quantity of labour in proportion.