An Inquiry into the Nature and Causes of the Wealth of NationsSmith, Adam
History
An Inquiry into the Nature and Causes of the Wealth of Nations
Smith, Adam
Economics
frighten their masters into an immediate compliance with their demands.
The masters, upon these occasions, are just as clamorous upon the other
side, and never cease to call aloud for the assistance of the civil
magistrate, and the rigorous execution of those laws which have been
enacted with so much severity against the combination of servants,
labourers, and journeymen. The workmen, accordingly, very seldom derive
any advantage from the violence of those tumultuous combinations, which,
partly from the interposition of the civil magistrate, partly from the
superior steadiness of the masters, partly from the necessity which the
greater part of the workmen are under of submitting for the sake of
present subsistence, generally end in nothing but the punishment or ruin
of the ringleaders.
But though, in disputes with their workmen, masters must generally have
the advantage, there is, however, a certain rate, below which it seems
impossible to reduce, for any considerable time, the ordinary wages even
of the lowest species of labour.
A man must always live by his work, and his wages must at least be
sufficient to maintain him. They must even upon most occasions be somewhat
more, otherwise it would be impossible for him to bring up a family, and
the race of such workmen could not last beyond the first generation. Mr
Cantillon seems, upon this account, to suppose that the lowest species of
common labourers must everywhere earn at least double their own
maintenance, in order that, one with another, they may be enabled to bring
up two children; the labour of the wife, on account of her necessary
attendance on the children, being supposed no more than sufficient to
provide for herself: But one half the children born, it is computed, die
before the age of manhood. The poorest labourers, therefore, according to
this account, must, one with another, attempt to rear at least four
children, in order that two may have an equal chance of living to that
age. But the necessary maintenance of four children, it is supposed, may
be nearly equal to that of one man. The labour of an able-bodied slave,
the same author adds, is computed to be worth double his maintenance; and
that of the meanest labourer, he thinks, cannot be worth less than that of
an able-bodied slave. Thus far at least seems certain, that, in order to
bring up a family, the labour of the husband and wife together must, even
in the lowest species of common labour, be able to earn something more
than what is precisely necessary for their own maintenance; but in what
proportion, whether in that above-mentioned, or any other, I shall not
take upon me to determine.
Public-domain text, read in full here on John Shaqi.
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