Portal:Capitalism/Selected quote/32
| “ | The labourers by whose industry it is cultivated.
But in different stages of society, the proportions of the whole produce of the earth which will be allotted to each of these classes, under the names of rent, profit, and wages, will be essentially different; depending mainly on the actual fertility of the soil, on the accumulation of capital and population, and on the skill, ingenuity, and instruments employed in agriculture. |
” |
| — David Ricardo (1772 – 1823) On the Principles of Political Economy and Taxation , 1817 |