The Principles of Economics, with Applications to Practical ProblemsFetter, Frank A. (Frank Albert)
General
The Principles of Economics, with Applications to Practical Problems
Fetter, Frank A. (Frank Albert)
Economics
1. _Labor is any human effort having an aim or purpose outside of
itself._ It is difficult to define satisfactorily the term labor. No
definition will quite mark off all the cases. The efforts put forth by
men may be classified according as they are pleasant in themselves, and
according as they have separable useful results. These two factors
combine to form four groups of actions.
Effort Objective result sought Name of action
1. Pleasurable Not useful Play
2. Pleasurable Useful Labor
3. Painful Useful Labor
4. Painful Not useful No special name
The fourth combination is not found in rational life, for no motive
exists to do a painful act for a useless result. Let us consider the
other three.
[Sidenote: Play]
The first group comprises most of the sports, games, and pastimes found
in every land and time. In the mere putting forth of the powers of mind
and muscle there is a joy felt by children and men of all races, and
this is heightened by companionship, emulation, and even by a spice of
danger. Play is not dependent on a useful objective result later to be
enjoyed, but, like beauty, is its own excuse for being. The tired
student goes out-of-doors to bat the tennis-ball, making no change in
the material world, except to wear out his shoes and to lose the ball,
but finding that hour rich in the joy of life. If properly chosen, play
strengthens and vivifies both soul and body, leaving an afterglow of
health and happiness. The choice of sports and temperance in their
pursuit are among the surest tests of wisdom in men and in societies. A
love of vigorous play no less than the power of sustained work, marks
the dominant and progressive peoples of the earth.
[Sidenote: Labor as pleasure]
Acts in the second group give pleasure and at the same time leave an
objective result. The hunter gets more pleasure if he returns with
well-filled bags of game, but the distinction between the sportsman and
the "pot-hunter" is not hard to find. The one has his joy in the sport,
the other in the material results of the sport. This kind of action
presents some puzzling cases, but in general must be classed as labor,
since labor is to be judged by the objective economic results rather
than by the pleasure of the act itself.
[Sidenote: Labor as sacrifice]
In a third class are the acts that are painful in themselves, that are
done unwillingly, but that leave a pleasurable result. Unfortunately a
large part of the actions of men are of this class, which to most minds
is the typical labor.
[Sidenote: Joy in work is the ideal]
Public-domain text, read in full here on John Shaqi.
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