Implements markitect/llm/ package with concrete LLMAdapter implementations:
- OpenRouterAdapter: HTTP via urllib with retry/backoff on 429/5xx
- ClaudeCodeAdapter: subprocess-based Claude CLI with stdin piping
- Factory pattern: create_adapter("openrouter") or create_adapter("claude-code")
- API key resolution chain: constructor > env var > project-root key file
- 42 unit tests, 2 integration tests (gated on API key / CLI availability)
Also adds the infospace-with-history example with Wealth of Nations VSM
analysis pipeline, templates, schemas, source chapters, and processed
output for chapters 1-2. process_chapters.py now supports --provider
and --model flags for automatic LLM-driven processing.
Co-Authored-By: Claude Opus 4.6 <noreply@anthropic.com>
92 lines
5.4 KiB
Markdown
92 lines
5.4 KiB
Markdown
---
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id: book-2-introduction
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title: "Book 2 Introduction"
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book: "2"
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chapter: 0
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artifact_type: content
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---
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BOOK II.
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OF THE NATURE, ACCUMULATION, AND EMPLOYMENT OF STOCK.
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INTRODUCTION.
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In that rude state of society, in which there is no division of labour, in
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which exchanges are seldom made, and in which every man provides every
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thing for himself, it is not necessary that any stock should be
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accumulated, or stored up before-hand, in order to carry on the business
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of the society. Every man endeavours to supply, by his own industry, his
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own occasional wants, as they occur. When he is hungry, he goes to the
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forest to hunt; when his coat is worn out, he clothes himself with the
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skin of the first large animal he kills: and when his hut begins to go to
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ruin, he repairs it, as well as he can, with the trees and the turf that
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are nearest it.
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But when the division of labour has once been thoroughly introduced, the
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produce of a man’s own labour can supply but a very small part of his
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occasional wants. The far greater part of them are supplied by the produce
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of other men’s labour, which he purchases with the produce, or, what is
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the same thing, with the price of the produce, of his own. But this
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purchase cannot be made till such time as the produce of his own labour
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has not only been completed, but sold. A stock of goods of different
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kinds, therefore, must be stored up somewhere, sufficient to maintain him,
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and to supply him with the materials and tools of his work, till such time
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at least as both these events can be brought about. A weaver cannot apply
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himself entirely to his peculiar business, unless there is before-hand
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stored up somewhere, either in his own possession, or in that of some
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other person, a stock sufficient to maintain him, and to supply him with
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the materials and tools of his work, till he has not only completed, but
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sold his web. This accumulation must evidently be previous to his applying
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his industry for so long a time to such a peculiar business.
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As the accumulation of stock must, in the nature of things, be previous to
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the division of labour, so labour can be more and more subdivided in
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proportion only as stock is previously more and more accumulated. The
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quantity of materials which the same number of people can work up,
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increases in a great proportion as labour comes to be more and more
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subdivided; and as the operations of each workman are gradually reduced to
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a greater degree of simplicity, a variety of new machines come to be
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invented for facilitating and abridging those operations. As the division
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of labour advances, therefore, in order to give constant employment to an
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equal number of workmen, an equal stock of provisions, and a greater stock
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of materials and tools than what would have been necessary in a ruder
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state of things, must be accumulated before-hand. But the number of
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workmen in every branch of business generally increases with the division
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of labour in that branch; or rather it is the increase of their number
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which enables them to class and subdivide themselves in this manner.
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As the accumulation of stock is previously necessary for carrying on this
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great improvement in the productive powers of labour, so that accumulation
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naturally leads to this improvement. The person who employs his stock in
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maintaining labour, necessarily wishes to employ it in such a manner as to
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produce as great a quantity of work as possible. He endeavours, therefore,
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both to make among his workmen the most proper distribution of employment,
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and to furnish them with the best machines which he can either invent or
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afford to purchase. His abilities, in both these respects, are generally
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in proportion to the extent of his stock, or to the number of people whom
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it can employ. The quantity of industry, therefore, not only increases in
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every country with the increase of the stock which employs it, but, in
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consequence of that increase, the same quantity of industry produces a
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much greater quantity of work.
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Such are in general the effects of the increase of stock upon industry and
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its productive powers.
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In the following book, I have endeavoured to explain the nature of stock,
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the effects of its accumulation into capital of different kinds, and the
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effects of the different employments of those capitals. This book is
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divided into five chapters. In the first chapter, I have endeavoured to
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shew what are the different parts or branches into which the stock, either
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of an individual, or of a great society, naturally divides itself. In the
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second, I have endeavoured to explain the nature and operation of money,
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considered as a particular branch of the general stock of the society. The
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stock which is accumulated into a capital, may either be employed by the
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person to whom it belongs, or it may be lent to some other person. In the
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third and fourth chapters, I have endeavoured to examine the manner in
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which it operates in both these situations. The fifth and last chapter
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treats of the different effects which the different employments of capital
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immediately produce upon the quantity, both of national industry, and of
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the annual produce of land and labour.
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