Prize Essay On the Comparative Economy of Free And Slave Labour in Agriculture
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In our eReader you can find the full English version of the book. Read Prize Essay On the Comparative Economy of Free And Slave Labour in Agriculture 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 Prize Essay On the Comparative Economy of Free And Slave Labour in Agriculture
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Having accounted for the manner in which the acting- part of the world have been led to employ slave labour, by circumstances which caused them to violate their own general rules and maxims, in matters of interest, I will now attempt to add a few reasons, why free labour, from the nature of things, as a general rule, must be the cheapest. The natural price of all human labour, which it requires no uncommon skill to perform, is barely a support of the labourers. Circumstances may vary this ]Mi...re for a time. But a bare support of the labourers is the point to which the price of human labour is always (ending. The reason is obvious. The population of 12 any country is regulated by the means oi subsistence. The means of subsistence with the labouring class is their labour. If the price of labour is such that their labour more than supports them, they rapidly increase in numbers. This increase of labourers has a natural tendency to reduce the^ price of labour, precisely as the increased production of any other commodity has a ten- dency to reduce its price.
What to read after Prize Essay On the Comparative Economy of Free And Slave Labour in Agriculture?
You can find similar books in the "Read Also" column, or choose other free books by James Raymond to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
.
Having accounted for the manner in which the acting- part of the world have been led to employ slave labour, by circumstances which caused them to violate their own general rules and maxims, in matters of interest, I will now attempt to add a few reasons, why free labour, from the nature of things, as a general rule, must be the cheapest. The natural price of all human labour, which it requires no uncommon skill to perform, is barely a support of the labourers. Circumstances may vary this ]Mi...re for a time. But a bare support of the labourers is the point to which the price of human labour is always (ending. The reason is obvious. The population of 12 any country is regulated by the means oi subsistence. The means of subsistence with the labouring class is their labour. If the price of labour is such that their labour more than supports them, they rapidly increase in numbers. This increase of labourers has a natural tendency to reduce the^ price of labour, precisely as the increased production of any other commodity has a ten- dency to reduce its price.
What to read after Prize Essay On the Comparative Economy of Free And Slave Labour in Agriculture?
You can find similar books in the "Read Also" column, or choose other free books by James Raymond to read onlineMoreLess
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