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Clearly, this Sino-Japanese War of more than four years was a considerable burden on Japan's national power and an obstacle to the maintenance of peace in the Pacific. ↗
As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production. ↗
It is obvious, moreover, that the formation of price in capitalist society must differ from the formation of price in social conditions based upon the simple production of commodities. ↗
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Value is consequently the necessary theoretical starting point whence we can elucidate the peculiar phenomenon of prices resulting from capitalist competition. ↗
