Search results
Results from the WOW.Com Content Network
In the evening, the workers came to receive their wages and he gave him his total wages with them. The workers complained and said: we were toiling the entire day and this one did toil only for two hours and he gave him his total wages with us! The king told them: This one produced in two hours more than what you produced all day long.
By analogous reasoning he could deny that wages are the reward for labor, or that profit is the reward for risk-taking, because labor is sometimes done without anticipation or realization of a return, and men who assume financial risks have been known to incur losses as a result instead of profits. [17]
It is celebrated on the first Monday in September every year
Employee motivation is an intrinsic and internal drive to put forth the necessary effort and action towards work-related activities. It has been broadly defined as the "psychological forces that determine the direction of a person's behavior in an organisation, a person's level of effort and a person's level of persistence". [1]
For premium support please call: 800-290-4726 more ways to reach us
(A period is typically a day, week, year, or a single turnover: meaning the time required to complete one batch of coffee, for example.) L {\displaystyle L} is the quantity of labor time (average skill and productivity) performed in producing the finished commodities during the period
The untimely labour of the night, and the protracted labour of the day, with respect to children, not only tends to diminish future expectations as to the general sum of life and industry, by impairing the strength and destroying the vital stamina of the rising generation, but it too often gives encouragement to idleness, extravagance and ...
If labour produces useless products or results, it is simply a waste of labour-time and difficult or impossible to sell them. So, Marx argues that human work is both (1) an activity which, by its useful effect, helps to create particular kinds of products, and (2) in an economic sense a value-forming activity that, if it is productively applied ...