APHORISMS AND REFLECTIONS
When we find set forth as an “absolute” truth the statement that the essential factors in economic production are land, capital and labour—when this is offered a s an axiom whence all sorts of other important truths may he deduced—it is needful to remember that the assertion is true only with qualification. Undoubtedly “vital capital” is essential for, as we have seen, no human work can be done unless it exists, not even that internal work of the body which is necessary to passive life. But, with respect to labour (that is human labour) I hope to have left no doubt on the reader’s mind that, in regard to production, the importance of human labour may be so small as to be almost a vanishing quantity. *'* * * The one thing needful for economic production is the green plant, as the sole producer of vital capital from natural inorganic bodies. Men might exist without labour (in the ordinary sense) and without land; without plants they must inevitably perish.
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Hokitika Guardian, 20 February 1932, Page 4
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169APHORISMS AND REFLECTIONS Hokitika Guardian, 20 February 1932, Page 4
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