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Les revenus du travail dans la « Richesse des Nations »

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  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble)

Abstract

Several complementary and sometimes contradictory analyses are developed in the Wealth of Nations, but Smith particularly insists on the potential exploitation of workers and on the notion of the subsistence minimum. He highlights the formal contradiction between economic efficiency and justice. His analysis of exploitation underlines the difficulties of a full capitalist system to avoid the exploitation of labor and the fact that the interest of the consumer is constantly sacrificed to that of the producer, when the rules of perfect competition are not realized. Wage growth is favorable to economic development and to the general interest. There are disparities in wages between companies, the competitive situation, unproductive activities (transfer income), qualifications, responsibilities and the arduousness of the work of certain employees.

Suggested Citation

  • Jacques Fontanel, 1980. "Les revenus du travail dans la « Richesse des Nations »," Post-Print hal-03409937, HAL.
    • Handle: RePEc:hal:journl:hal-03409937
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-03409937
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    References listed on IDEAS

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    1. Knight, Frank H, 1942. "Profit and Entrepreneurial Functions," The Journal of Economic History, Cambridge University Press, vol. 2(S1), pages 126-132, December.
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    Cited by:

    1. Jacques Fontanel, 1980. "Présentation modélisée des éléments d'analyse d'Adam Smith," Post-Print hal-03409942, HAL.
    2. Jacques Fontanel, 1980. "Les conditions de l'emploi selon la « Richesse des Nations »," Post-Print hal-03409877, HAL.

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