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1 comment:
Happy to admit that Adam Smith founded the modern
political economy, you could just say --
savings, introducing the concept of labour in the area of reflection, which
yet did not know him, and thus throwing in the prehistoric
the age of knowledge (except perhaps that of the physiocrats, merit
which is at least that they
tried to explore agricultural production).
It is true that Adam Smith relates the notion of wealth first
only with the concept of labor: "the Annual labour of every nation
is the initial Foundation which delivers
him everything necessary for the existence and comfort of life
products consumed by them during the year and always made
or of the direct products of this labor, or of
what is acquired in exchange for the products of others.
peoples"<$F???? Smith. A study on the nature and causes
the wealth of Nations. M., Sotsekgiz, 1962, p. 17.>. As
it is true that Smith relates the "use value" of things
the needs of people, and "exchange value" with the number
labor expended on their production: "the Cost of any
product for the person who possesses them and does not mean
to use it or to personally consume, and exchange for other
items equal to the amount of labor which he can buy at
or get a"<$F???? Smith.
An inquiry into the nature and causes of the wealth of Nations. M.,
Sotsekgiz, 1962, p. 38>. However, in reality the difference
between the studies of Smith and Turgot research or
Cantillon not as great as believed, or, rather, it
is not what it seems. Already at Cantillon and even
previously use-value differed from the exchange; with
time as a measure of exchange value was used
the amount of labor. However, the amount of labor embodied in
price of things, it was only measuring tool
at the same time relative and not independent. Actually
the cost of human labor was equal to the cost of food,
necessary to maintain him and his family during
work
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