Adam Smith：The Wealth of Nations, Book II, Chapter III, Paragraph 821

That part of the annual produce of the land and labour of any country which replaces a capital, never is immediately employed to maintain any but productive hands. It pays the wages of productive labour only. That which is immediately destined for constituting a revenue, either as profit or as rent, may maintain indifferently either productive or unproductive hands.

Source： https://www.gutenberg.org/ebooks/3300
Locator：Book II, Chapter III, paragraph 821 · Verified：2026-10-19 · Verification：Exact match

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