Ksiazka · An Inquiry into the Wealth of Nations
Strona 885 z 2651
Autor: Adam Smith
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Of the produce of a great manufactory, in the same manner, one
part, and that always the largest, replaces the capital of the
undertaker of the work; the other pays his profit, and thus
constitutes a revenue to the owner of this capital.
That part of the annual produce of the land and labour of any
country which replaces a capital, never is immediately employed
to maintain any but productive hands. It pays the wages of
productive labour only. That which is immediately destined for
constituting a revenue, either as profit or as rent, may maintain
indifferently either productive or unproductive hands.
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