Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter VI, Paragraph 125

Adam Smith《The Wealth of Nations》· Book I, Chapter VI · Investing

In this state of things, the whole produce of labour does not always belong to the labourer. He must in most cases share it with the owner of the stock which employs him. Neither is the quantity of labour commonly employed in acquiring or producing any commodity, the only circumstance which can regulate the quantity which it ought commonly to purchase, command or exchange for. An additional quantity, it is evident, must be due for the profits of the stock which advanced the wages and furnished the materials of that labour.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VI, paragraph 125 · Verified:2026-10-19 · Verification:Exact match

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

Does this passage change one judgment about money or risk today?

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