...to the value of the fubject upon c H'A p. which it is beftowed : there is another which has no fuch effect. The former, as it produces a value, may be...the materials which he works upon, that of his own * Some French authors of great learning and ingenuity have ufed thofe words in a different fenfe. In...

...the value of the fubject upon c HA P. •which it is beftowed : there is another which has no fuch effect. *The former, as it produces a value, may be...the materials which he works upon, that of his own • * Some French authors of great learning and ingenuity Lave ufed thofe words in a different fenfe....

...as it produces a value, may be Called prodnctive; the latter^ unproductive * labor. Thus the labor of a manufacturer adds, generally, to the value of...works upon , that of his own maintenance , and of his malter's profit. The labor of a menial fervant , on the contrary, adds to the value of nothing. Though...

..." their employer upon the whole ftock of " materials and wages which he advan" ced *." And again, " The labour of a " manufacturer adds generally to the...upon, «« that of his own maintenance and of his " mafter's profit f." Above * Wealth of Nations, vol. ip 5 7. 410 edit. \ Ibid. p. 400. The following...

...ftock of " materials and wages which he advan" ced *." And again, " The labour of a. " manufa&urer adds generally to the value " of the materials which...works upon, ** that of his own maintenance and of his " matter's prorit f." * Wealth of Nations, vol. ip 57. 410 edit. Above f Ibid. p. 400. The followiug...

...to the value of the fubject upon n. which it is beflowed : there is another which ]n ' has no fuch effect. The former, as it produces a value, may be...the materials which he works upon, that of his own * Some French authors of great learning and ingenuity have ufed thofe words in a different fenfe. In...

...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...productive, the latter, unproductive* labour. Thus * Some French authors of great learning and ingenuity have used thoie words in a different sense. In...

...value of the fubjecl; upon Hwhich it is beftowed : there is another which 1M ' has no fuch effefil. The former, as it produces a value, may be called...the materials which he works upon, that of his own * Some French authors of great learning and ingenuity have ufed thofe words in a different fenfe. In...

...the Accumulation of Capital, or of Productive and Unproductive Labour. 1 HERE is one sort of labour which adds to the value of the subject upon which...bestowed; there is another which has no such effect. The fcrmer, as it produces a value, may be called productive, the latter, unproductive* labour. Thus the...

...distinguish between productive and unproductive labour. *« There is one sort of labour," he observes, '« which adds to the value of the subject upon '« which...another which " has no such effect. The former, as it produce* " a value, may be called productive, the latter «« unproductive, labour. Thus the labour...