Principles of Political Economy: With Some of Their Applications to Social Philosophy |
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Page 30
... III . On the words Productive and Unproductive . no material product as its direct result , provided that 30 BOOK I. CHAPTER III . § 3 . Productive labour is that which produces utilities fixed and bodied in material objects 333.
... III . On the words Productive and Unproductive . no material product as its direct result , provided that 30 BOOK I. CHAPTER III . § 3 . Productive labour is that which produces utilities fixed and bodied in material objects 333.
Page 41
... fixed in machinery , buildings , improvement of land , and the like . In any large increase of capital a considerable portion will generally be thus employed , and will only co - operate with labourers , not maintain them . What I do ...
... fixed in machinery , buildings , improvement of land , and the like . In any large increase of capital a considerable portion will generally be thus employed , and will only co - operate with labourers , not maintain them . What I do ...
Page 57
... FIXED CAPITAL . 4 has been made , affords a strong in- |. the person who consumes . And a per- son cannot both ... Fixed Capital . : Of fixed capitals , some kinds require | to CIRCULATING AND FIXED CAPITAL . 57 but this seldom if ever ...
... FIXED CAPITAL . 4 has been made , affords a strong in- |. the person who consumes . And a per- son cannot both ... Fixed Capital . : Of fixed capitals , some kinds require | to CIRCULATING AND FIXED CAPITAL . 57 but this seldom if ever ...
Page 58
... fixed capitals , some kinds require | to be occasionally or periodically re- newed . Such are all implements and buildings they require , at intervals , partial renewal by means of repairs , and are at last entirely worn out , and ...
... fixed capitals , some kinds require | to be occasionally or periodically re- newed . Such are all implements and buildings they require , at intervals , partial renewal by means of repairs , and are at last entirely worn out , and ...
Page 59
... fixed capital . Since ma- chinery , for example , is not wholly consumed by one use , it is not neces- sary that it should be wholly replaced from the product of that use . The machine answers the purpose of its owner , if it brings in ...
... fixed capital . Since ma- chinery , for example , is not wholly consumed by one use , it is not neces- sary that it should be wholly replaced from the product of that use . The machine answers the purpose of its owner , if it brings in ...
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Common terms and phrases
accumulation Adam Smith advantage agricultural amount capital capitalist causes circulating capital commodity competition condition considerable consumed consumption cost crease cultivation degree demand depend diminished division of labour duce duction ductive effect employment England equal exertion existing expense farmer favourable flax France funds greater human hundred quarters improvement increase individual industry Ireland kind labouring classes land landlord less limited mankind manufacture manure material means ment metayer mode nations natural agents necessary obtained occupation operations paid peasant peasant proprietors persons plough Political Economy Poor Law population portion possession present principle productive labourers productive power profit proportion quantity racter rate of profit remuneration render rent require saving small farms society soil subsistence sufficient sumers supply suppose surplus tained taxes things tical tion tivation tive unless unproductive wages wealth whole
Popular passages
Page 483 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Page 573 - Letting alone, in short, should be the general practice : every departure from it, unless required by some great good, is a certain evil.
Page 556 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Page 128 - If, therefore, the choice were to be made between Communism with all its chances, and the present state of society with all its sufferings and injustices; if the institution of private property...
Page 575 - Now any wellintentioned and tolerably civilized government may think without presumption that it does or ought to possess a degree of cultivation above the average of the community which it rules, and that it should therefore be capable of offering better education and better instruction to the people, than the greater number of them would spontaneously demand. Education, therefore, is one of those things which it is admissible in principle that a government should provide for the people.