“All wealth is the product of labor.”

— John Locke

Last update March 23, 2022. History

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John Locke 144

English philosopher and physician 1632–1704

Eric Wolf (1923–1999) American anthropologist

Source: Europe and the People Without History, 1982, Chapter 3, Modes of Production, p. 78.

“The product of mental labor — science — always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Addenda, "Relative and Absolute Surplus Value" in Economic Manuscripts (1861-63)

“When civilization [population] increases, the available labor again increases. In turn, luxury again increases in correspondence with the increasing profit, and the customs and needs of luxury increase. Crafts are created to obtain luxury products. The value realized from them increases, and, as a result, profits are again multiplied in the town. Production there is thriving even more than before. And so it goes with the second and third increase. All the additional labor serves luxury and wealth, in contrast to the original labor that served the necessity of life.”

Ibn Khaldun book Muqaddimah

Muqaddimah, 2:272–73 quoted in Weiss (1995) p 30
Muqaddimah (1377)

“When we consider that labor is the producer of all wealth, is it not evident that the impoverishment and, dependence of labor are abnormal conditions resulting from restrictions and usurpations, and that instead of accepting protection, what labor should demand is freedom.”

Henry George (1839–1897) American economist

Source: Protection or Free Trade? (1886), Ch. 2
Context: When we consider that labor is the producer of all wealth, is it not evident that the impoverishment and, dependence of labor are abnormal conditions resulting from restrictions and usurpations, and that instead of accepting protection, what labor should demand is freedom. That those who advocate any extension of freedom choose to go no further than suits their own special purpose is no reason why freedom itself should be distrusted.