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 past years, the amount of money that has had to be been spent on armaments, great and small, instead of on productive industry and agriculture and the arts, has been a disgrace to all of us in every part of the world.”
—Franklin D. Roosevelt (1882–1945)
“Measure not the work
Until the day’s out and the labour done,
Then bring your gauges.”
—Elizabeth Barrett Browning (1806–1861)