Elements of Political Economy Electronic Resource
Elements of Political Economy Electronic Resource
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In our eReader you can find the full English version of the book. Read Elements of Political Economy Electronic Resource Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Elements of Political Economy Electronic Resource
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Even of the durable machinery, the wear and tear amount to a partial consumption.
2. Thus it is, that men consume for the sake of production. They also consume, however, without producing, and without any view to production. The wages which a man affords to a ploughman, are given for the sake of production ; the wages which he gives to his footman and his groom, are not given for the sake of production. The flax which the manufac- 222 CHAP. IV — CONSUMPTION.
turer purchases, and converts into l...inen, he consumes productively ; the wine which he purchases, and uses at his table, he consumes unproductively. These instances are sufficient to illustrate what is meant, when we speak of unproductive consumption. All consumption, which does not take place to the end I that an income or revenue may be derived from it, is unproductive consumption.
From this explanation, it follotvs, that productive consumption is itself a means ; it is a means to pro- duction. Unproductive consumption, on the other hand, is not a means.
What to read after Elements of Political Economy Electronic Resource?
You can find similar books in the "Read Also" column, or choose other free books by James Mill to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Even of the durable machinery, the wear and tear amount to a partial consumption.
2. Thus it is, that men consume for the sake of production. They also consume, however, without producing, and without any view to production. The wages which a man affords to a ploughman, are given for the sake of production ; the wages which he gives to his footman and his groom, are not given for the sake of production. The flax which the manufac- 222 CHAP. IV — CONSUMPTION.
turer purchases, and converts into l...inen, he consumes productively ; the wine which he purchases, and uses at his table, he consumes unproductively. These instances are sufficient to illustrate what is meant, when we speak of unproductive consumption. All consumption, which does not take place to the end I that an income or revenue may be derived from it, is unproductive consumption.
From this explanation, it follotvs, that productive consumption is itself a means ; it is a means to pro- duction. Unproductive consumption, on the other hand, is not a means.
What to read after Elements of Political Economy Electronic Resource?
You can find similar books in the "Read Also" column, or choose other free books by James Mill to read onlineMoreLess
Read book Elements of Political Economy Electronic Resource for free
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