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Principles of Political Economy and Taxation

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The book explores the relationship between labor value and profit, arguing that an increase in labor compensation inherently leads to a decrease in profits for farmers. It delves into the economic dynamics of resource distribution, emphasizing the tension between fair wages for laborers and the financial viability of farmers. This analysis highlights the complexities of agricultural economics and the implications of wealth distribution on both laborers and producers.

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Principles of Political Economy and Taxation, David Ricardo

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Released
2006
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Language
English
Released
2006
Format
Hardcover
Pages
304
ISBN13
9781596059412
Series
Original title
On the principles of political economy and taxation
Rating
3.8 out of 5
Description
The book explores the relationship between labor value and profit, arguing that an increase in labor compensation inherently leads to a decrease in profits for farmers. It delves into the economic dynamics of resource distribution, emphasizing the tension between fair wages for laborers and the financial viability of farmers. This analysis highlights the complexities of agricultural economics and the implications of wealth distribution on both laborers and producers.