Showing posts with label labour. Show all posts
Showing posts with label labour. Show all posts

Friday, 2 November 2012

Engels on Labour



Labour is the source of all wealth, the political economists assert. And it really is the source — next to nature, which supplies it with the material that it converts into wealth. But it is even infinitely more than this. It is the prime basic condition for all human existence, and this to such an extent that, in a sense, we have to say that labour created man himself.

Friedrich Engels


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Tuesday, 16 October 2012

Adam Smith on Labour



Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased...

Adam Smith
The Wealth of Nations


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