Unproductive Labour and Unproductive Consumption: Historical Review, Contemporary Relevance
Warren S. Gramm
(Washington State University, Pullman)
114
Abstract
The welfare of the society…should be measured…by its…condition…its total capital structure, including its human capital, not by its throughput of production and consumption, for the gross national product increasingly includes such unproductive and… ‘maintenance’ items as national defense, …the replacement of unnecessarily shoddy commodities, and so on[3, p. 45].
Citation
Gramm, W.S. (1987), "Unproductive Labour and Unproductive Consumption: Historical Review, Contemporary Relevance", International Journal of Social Economics, Vol. 14 No. 3/4/5, pp. 154-166. https://doi.org/10.1108/eb014056
Publisher
:MCB UP Ltd
Copyright © 1987, MCB UP Limited