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Essay

Tradition

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Issue:

Social Issues

 

Written by:

Margaret C

 

Date added:

January 2, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1235

 

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3827 times

 

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Second, some labor renders human beings serviceable to society and to themselves, such as the labor of teachers and doctors. The third utility is the labor of giving pleasure or entertainment, which does not make other people more productive or result in a tangible product. In addition to labor and natural objects, production requires capital, without which it would cease...
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In addition to labor and natural objects, production requires capital, without which it would cease. In essence, capital is the accumulated stock of the products of labor. After discussing such aspects and manifestation of capital, such as fixed versus circulating capital, Mill examines the social forms of production, such as cooperation, combination of labor, production on a small and large scale, and the increase of labor, which results in the increase of capital as well as production...
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