Productive and unproductive labour were concepts used in classical political economy mainly in the 18th and 19th century, which survive today to some extent in modern management discussions, economic sociology and Marxist or Marxian economic analysis. The concepts strongly influenced the construction of national accounts in the Soviet Union and other Soviet-type societies (see Material Product System).
Read more about Productive And Unproductive Labour: Classical Political Economy, A Quote From Adam Smith, Neoclassical Economics, National Accounts, Marx's Critique, Productive Labour As Misfortune?, Ecological Critique, Material Product Accounts in Soviet-type Societies
Famous quotes containing the words productive and/or labour:
“In the U.S. for instance, the value of a homemaker’s productive work has been imputed mostly when she was maimed or killed and insurance companies and/or the courts had to calculate the amount to pay her family in damages. Even at that, the rates were mostly pink collar and the big number was attributed to the husband’s pain and suffering.”
—Gloria Steinem (20th century)
“Sublime tobacco! which from east to west
Cheers the tar’s labour or the Turkman’s rest.”
—George Gordon Noel Byron (1788–1824)