Adam Smith：The Wealth of Nations, Book I, Chapter XI, Paragraph 644

That produce, after the rise in its real price, requires no more labour to collect it than before. A smaller proportion of it will, therefore, be sufficient to replace, with the ordinary profit, the stock which employs that labour. A greater proportion of it must consequently belong to the landlord.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book I, Chapter XI, paragraph 644 · Verified：2026-10-19 · Verification：Exact match

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