Acquire Quote by Adam Smith
“Among civilized and thriving nations, on the contrary, though a great number of people do no labor at all, many of whom consume the produce of ten times, frequently of a hundred times more labour than the greater part of those who work; yet the produce of the whole labour of the society is so great, that all are often abundantly supplied, and a workman, even of the lowest and poorest order, if he is frugal and industrious, may enjoy a greater share of the necessaries and conveniencies of life than it is possible for any savage to acquire.”
About This Quote
Source Book: The Wealth of Nations, 1776
The quote argues that even with large disparities in labor contribution, a productive society can provide abundance for all, and diligent, frugal workers can achieve a higher standard than any primitive society.
In simple terms: A productive society can supply abundance, allowing diligent workers to thrive.
Key Takeaway
Promote productivity and frugality for broader prosperity.
Themes
economics
inequality
productivity
Mood
analytical
optimistic
Type
economic
sociological
When to use this quote
- policy making
- personal finance
- community development
- education on economics
Key Concepts
division of labor
wealth distribution
Questions to Reflect On
- What mechanisms ensure fair access to resources?
- How can frugality improve living standards?
A Different Perspective
Wealth may not be evenly distributed despite abundance.
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