Adam Smith：The Wealth of Nations, Book I, Chapter VI, Paragraph 132

As any particular commodity comes to be more manufactured, that part of the price which resolves itself into wages and profit, comes to be greater in proportion to that which resolves itself into rent. In the progress of the manufacture, not only the number of profits increase, but every subsequent profit is greater than the foregoing; because the capital from which it is derived must always be greater. The capital which employs the weavers, for example, must be greater than that which employs the spinners; because it not only replaces that capital with its profits, but pays, besides, the wages of the weavers: and the profits must always bear some proportion to the capital.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book I, Chapter VI, paragraph 132 · Verified：2026-10-19 · Verification：Exact match

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