 | Henry William Spiegel - Business & Economics - 1991 - 904 pages
...maintained by the income of others, and they fail to reproduce their income, whereas productive labor "adds to the value of the subject upon which it is bestowed" and reproduces its income. Hence "a man grows rich by employing a multitude of manufacturers; he grows... | |
 | Nicholas K. Bromell - Literary Criticism - 1993 - 300 pages
...provided the beginning of an answer: There is one sort of labour which adds to the value of the subject on which it is bestowed: there is another which has no such effect. The former, as it produces value, may be called productive; the latter, unproductive labour, (p. 330) A productive laborer, Smith... | |
 | John Cunningham Wood - Biography & Autobiography - 1993 - 664 pages
...the Accumulation of Capital, or of Productive and Unproductive Labour." "There is one sort of labour which adds to the value of the subject upon which...called productive: the latter, unproductive labour." The contrast is between the "manufacturer" and the "menial servant." "A man grows rich by employing... | |
 | Roderick Floud, D. N. McCloskey - Business & Economics - 1994 - 150 pages
...accept Adam Smith's distinction between manufacturing as productive labour and employment in services as unproductive labour: Thus the labour of a manufacturer...which he works upon, that of his own maintenance, and that of his master's profit. The labour of a menial servant, on the contrary, adds to the value of... | |
 | Robin Paul Malloy, Jerry Evensky - Business & Economics - 1994 - 250 pages
...destined for the maintenance of productive hands, tends to increase the number of those hands whose labour adds to the value of the subject upon which it is bestowed. It tends therefore to increase the exchangeable value of the annual produce of the land and labour... | |
 | Martin J. Burke - Family & Relationships - 1995 - 326 pages
...barren and unproductive" (p. 674). ^ He argued instead that the criterion for productive labor was that which "adds to the value of the subject upon which it is bestowed." This addition came about by the earning of wages plus the creation of a profit. Since artisans and... | |
 | James P. Henderson - Business & Economics - 1996 - 376 pages
...the accumulation of capital, or productive and unproductive labour," — There is one sort of labour which adds to the value of the subject upon which...called productive; the latter, unproductive labour. (Adam Smith 1976, 314) Whewell illustrated the difference between these two resistances, both of which... | |
 | Joyce Oldham Appleby - Knowledge, Sociology of - 1996 - 578 pages
...destined for the maintenance of productive hands, tends to increase the number of those hands whose labour adds to the value of the subject upon which it is bestowed. It tends therefore to increase the exchangeable value of the annual produce of the land and labour... | |
 | James Maitland Earl of Lauderdale - Business & Economics - 1996 - 184 pages
...destined for the maintenance of productive hands, tends to increase the number of those hands whose labour adds to the value of the subject upon which it is bestowed. It tends therefore to increase the exchangeable value of the annual produce of the land and labour... | |
 | Patrick Murray - Anthologies - 1997 - 504 pages
...OF THE ACCUMULATION OF CAPITAL, OR OF PRODUCTIVE AND UNPRODUCTIVE LABOUR There is one sort of labour which adds to the value of the subject upon which...no such effect. The former, as it produces a value, niay be called productive; the latter, unproductive labour. Thus the labour of a manufacturer adds,... | |
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THERE IS ONE SORT of labour which adds to the value of the subject upon which it is bestowed: there is another which has no such effect. 
