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B. ADAM SMITH AND THE CONCEPT OF
PRODUCTIVE LABOUR
1. His DETERMINATION OF VALUE BY LABOUR 107
2. THE ORIGIN OF SURPLUS VALUE 117
(a) Profit 117
(b) Land Rent 121
(c) Interest on Capital 122
(d) Taxes 124
(e) Adam Smith's Advance beyond the Physio-
crats 		124
(f) The Exchange of More Labour for Less
Labour 		126
(g) Confusion of Surplus Value with Profit 129
3. CAPITAL AND LANDED PROPERTY AS SOURCES OF VALUE 134
4. THE ANALYSIS OF PRICE INTO WAGES, PROFIT AND
RENT 		140
5. PRODUCTIVE AND UNPRODUCTIVE LABOUR 148
(a) Definition of Productive Labour as Labour
which produces Capital 		148
(b) Definition of Productive Labour as Labour
which produces Commodities 		154
(c) The Polemic against Adam Smith's Definition 175
(d) Appendix: The Concept of Productive Labour 177
C. DAVID RICARDO
I. Surplus Value and Profit
1. THE STRUCTURE OF RICARDO'S WORK 201
2. RICARDO's THEORY OF PROFIT 208
(a) Ricardo's Conception of Value 208
(b) Ricardo's Conception of Profit, Rate of
Profit, Prices of Production, etc. 		211
(c) Prices of Production and Market Prices 245
(i) Ricardo's Views 245
(ii) Adam Smith's Views 260

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Publication Information: Book Title: Theories of Surplus Value. Contributors: Karl Marx - author, G. A. Bonner - transltr, Emile Burns - transltr. Publisher: International Publishers. Place of Publication: New York. Publication Year: 1952. Page Number: 6.
    
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