Search results
Results from the WOW.Com Content Network
One benefit of implementing property rights is that opportunism is discouraged, as it is harder to exploit a good protected by enforced property rights. [40] For example, a song can be easily pirated from purchased copies and, with no punishment, this form of the free-rider problem likely occurs.
The labor theory of property does not only apply to land itself, but to any application of labor to nature. For example, natural rights thinker Lysander Spooner , [ 4 ] says that an apple taken from an unowned tree would become the property of the person who plucked it, as he has labored to acquire it.
As a result, the company went bankrupt within four years. In Margaret Atwood 's 1985 novel The Handmaid's Tale , members of a dystopian society recited the phrase thrice daily. [ 21 ] Notably the phrase is altered to read "From each according to her ability; to each according to his need", demonstrating a perversion of the phrase's original ...
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 ...
G.A. Cohen 'The Labour Theory of Value and the Concept of Exploitation', in his History Labour and Freedom. Duncan, Colin A.M. 1996. The Centrality of Agriculture: Between Humankind and The Rest of Nature. McGill–Queen's University Press, Montreal. ——2000. The Centrality of Agriculture: History, Ecology and Feasible Socialism.
Work or labor (labour in British English) is the intentional activity people perform to support the needs and desires of themselves, other people, or organizations. [1] In the context of economics , work can be viewed as the human activity that contributes (along with other factors of production ) towards the goods and services within an economy .
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The Part Played by Labour in the Transition from Ape to Man" (German: "Anteil der Arbeit an der Menschwerdung des Affen") is an unfinished essay written by Friedrich Engels in the spring of 1876. The essay forms the ninth chapter of Dialectics of Nature , which proposes a unitary materialist paradigm of natural and human history.