...Of the Real and Nominal Price of Commodities, or of Their Price in Labour, and Their Price in Money Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life. But after the division of labour has once thoroughly taken...

...contained, in Marx's terminology) and as a theory of labour commanded. Let us consider this latter first: Every man is rich or poor according to the degree...necessaries, conveniences, and amusements of human life. But after the division of labour has once thoroughly taken place, it is but a very small part of these...

...OF THE REAL AND NOMINAL PRICE OF COMMODITIES, OR OF THEIR PRICE IN LABOUR, AND THEIR PRICE IN MONEY. Every man is rich or poor according to the degree...necessaries, conveniences, and amusements of human life. Labour was the first price, the original purchase money that was paid for all things. But It is often...

...pose the question. However, he first defines the "value of a commodity" in the following way: Eveiy man is rich or poor according to the degree in which...necessaries, conveniences, and amusements of human life. But after the division of labour has once thoroughly taken place, it is but a very small part of these...

...afterwards closed up again. In the first paragraphs of Chapter V, Book I, Wealth of Nations, he says : Every man is rich or poor according to the degree in which he can afford to enjoy the accessaries, conveniences and amusements of human life. But after the division of labour has once thoroughly...

...beginning of The Wealth of Nations. Consider the first paragraph in chapter 5 (Smith 1776/1965, p. 30): Every man is rich or poor according to the degree in which he can afford to enjoy the necessities, conveniences, and amusements of human life. But after the division of labour has once...

...Also Smith's definition of wealth leaves room for interpersonal relationships as a form of wealth: 'Every man is rich or poor according to the degree...necessaries, conveniences, and amusements of human life' (1776, 1, p. 32). In the expression 'amusements' one can find all kinds of social activities. Smith...

...Of ibe real and nominal Price ef Commoditiesi or of their Price in Labour, and their Prife in Msney. EVERY man is rich or poor according to the degree in which he can afford to enjoy the necefiaries, conveniencies, and amufements of human life. But after the divifion of labour has once...

...Of the Real and Nominal Price of Commodities, or of Their Price in Labor, and Their Price in Money t. * society, are, and ought to be, restrained by...free, as well as or the most despotical. The obli But after the division of labor has once thoroughly taken place, it is but a very small part of these...

...noted work on capitalism, "The Wealth of Nations," by Adam Smith, it is stated, "Every man is ricli or poor according to the degree in which he can afford...necessaries, conveniences, and amusements of human life." It is certainly true that the workers who have not been afforded the mantle of minimum-wage protection...