The book A Living Wage was written by author Mark Oldroyd Here you can read free online of A Living Wage book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is A Living Wage a good or bad book?
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The fact, however, that the function of labour is more conspicuous than that of capital has naturally induced men to question the utility of capital, and to disparage its claims for remuneration from the industrial funds. Hence the hue and cry against interest, rent, and trade profit (the appropriation for busi- ness management and for interest on capital) a cry as stupid as it is persistent, baseless as it is misleading. INTEREST, RENT, AND TRADE PROFIT. Let us take a concrete case. The shoema...ker who turns a piece of leather into a pair of boots is entitled to the difference between the value of the leather and the value of the boots. From that fund, however, he must pay other labourers for their respective contributions to the making of the boots (a) the worker who furnished the leather, (b] the worker who provided him shelter, (c) the worker who supplied him with tools, (d) the worker who provided the transport and service of the boots to the wearer. The leather, the building, and the tools were provided beforehand for the use of the shoemaker ; they constituted his working capital.
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