Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter VIII, Paragraph 182

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

The produce of labour constitutes the natural recompence or wages of labour. In that original state of things which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer. He has neither landlord nor master to share with him.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VIII, paragraph 182 · 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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