Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter VIII, Paragraph 185

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

But this original state of things, in which the labourer enjoyed the whole produce of his own labour, could not last beyond the first introduction of the appropriation of land and the accumulation of stock. It was at an end, therefore, long before the most considerable improvements were made in the productive powers of labour; and it would be to no purpose to trace further what might have been its effects upon the recompence or wages of labour.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VIII, paragraph 185 · 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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