raw material, n.Definitions

Raw material (n.) are ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠"ours" wherever they happen to lie, in Kennan's pragmatism, with an inherent right of access — by conquest if need be.

Raw material (n.) swells ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠as a share of each product's value the more productive labour becomes, since each hour of labour now works up ever more of it.

Raw material (n.) from ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠organic nature cannot be hurried: machines can be multiplied in months, cotton and wool only by the seasons — so industry periodically outruns its own supplies.

Raw material (n.) simply ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠vanishes from Ricardo's scheme: it fits neither side of his distinction, and he has too fine an instinct for logic not to notice, so he lets it disappear.