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:
“[Tobacco] is a culture productive of infinite wretchedness.... The cultivation of wheat is the reverse in every circumstance.”
—Thomas Jefferson (1743–1826)
“Indeed, I thought, slipping the silver into my purse ... what a change of temper a fixed income will bring about. No force in the world can take from me my five hundred pounds. Food, house and clothing are mine for ever. Therefore not merely do effort and labour cease, but also hatred and bitterness. I need not hate any man; he cannot hurt me. I need not flatter any man; he has nothing to give me.”
—Virginia Woolf (1882–1941)