The four 18th century streams on productive labour

This article first recalls our previous research on the original approach on productive labour, which goes from Petty to Genovesi (1767). That approach, being mainly empirical, divided jobs into more or less productive. The other most important approaches came later: Quesnay founded productive labou...

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Detalles Bibliográficos
Autor: Perrotta, Cosimo
Tipo de recurso: artículo
Fecha de publicación:2014
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/34986
Acceso en línea:https://hdl.handle.net/20.500.14352/34986
Access Level:acceso abierto
Palabra clave:Productive/unproductive labour
Productive/unproductive consumption
Development
Enlightenment.
Historia económica
Teorías económicas
Trabajo
5506.06 Historia de la Economía
5307 Teoría Económica
Descripción
Sumario:This article first recalls our previous research on the original approach on productive labour, which goes from Petty to Genovesi (1767). That approach, being mainly empirical, divided jobs into more or less productive. The other most important approaches came later: Quesnay founded productive labour on surplus, Condillac on utility, Smith on exchange value. All of them gave the concept a more rigorous, but also more rigid shape: jobs were divided into productive or unproductive once and for all. Moreover social utility and productive nature of labour became separated qualities. Smith’s concern was to fight the waste of the aristocrats, which fed unproductive labour and subtracted resources from investment and productive labour. But for Smith public services and intellectual labour are unproductive because their product is not material. So, he puts the seeds of the dissolution of his own theory. The following decades witness a confrontation between the physiocratic and the Smithian approach. In the end the latter prevails, but its inconsistencies emerge.