generated from coulomb/repo-seed
826 B
826 B
id, title, book, chapter, artifact_type, legacy_source
| id | title | book | chapter | artifact_type | legacy_source |
|---|---|---|---|---|---|
| book-1-chapter-03 | THAT THE DIVISION OF LABOUR IS LIMITED BY THE EXTENT OF THE MARKET. | 1 | 3 | content | markitect-main/examples/infospace-with-history/artifacts/sources/book-1-chapter-03.md |
Book I Chapter III
Excerpt
As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market.
When the market is very small, no person can have any encouragement to dedicate himself entirely to one employment, for want of the power to exchange all that surplus part of the produce of his own labour, which is over and above his own consumption, for such parts of the produce of other men's labour as he has occasion for.