...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...

...not possible to just refer to both as "labor." Smith responds to such questions in the following way: There is one sort of labour "which adds to the value...productive; the latter, unproductive labour. Thus the labor of a manufacturer adds, generally, to the value of the materials "which he "works upon, that...

...be the more so. CHAPTER III OF THE ACCUMULATION OF CAPITAL, OR OF PRODUCTIVE AND UNPRODUCTIVE LABOUR THERE is one sort of labour which adds to the value...upon which it is bestowed: there is another which has BO such effect. The former, as it produces a value, may be called productive; the latter, unproductive...

...destined for the maintenance of productive hands, tends to increase the number of those hands whose labor 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 labor of...

...destined for the maintenance of productive hands, tends to increase the number of those hands whose labor t was conveyed to us; if fewer hands were employed in raisi It tends, therefore, to increase the exchangeable value of the annual produce of the land and labor...

...Produktivität allen Tätigkeiten zuerkennen, die den Wert des verarbeiteten Gegenstandes erhöhen: „There is one sort of labour which adds to the value...there is another which has no such effect. The former äs it produces a value, may be called productive, the latter, unproductive labour2)." Ferner ist für...

...accumulated, preserved, consequently in something material. "There is one sort of labor that adds 1 to the value of the subject upon which it is bestowed. There is another which has no such effect." "The labor of the manufacturer," he adds, "fixes and realizes itself in some particular subject or vendible...

...meaning of the word Productive : and this has led to great confusion. He says that there is one kind of Labour which adds to the value of the subject upon which it is bestowed : and another which does not. As the former produces a Value, he calls it Productive : and as the latter...

...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...