1.0Fortune Insighthttps://prime.fortuneinsight.com/web曾國平教授https://prime.fortuneinsight.com/web/posts/author/byrontkprich600338<blockquote class="wp-embedded-content"><a href="https://prime.fortuneinsight.com/web/posts/486737">亞當史密唔係太喜歡生意人</a></blockquote> <script type='text/javascript'> <!--//--><![CDATA[//><!-- !function(c,d){"use strict";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!/[^a-zA-Z0-9]/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute("style"),"height"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if("link"===t.message)if(a=d.createElement("a"),i=d.createElement("a"),a.href=r.getAttribute("src"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute("data-secret"))t=Math.random().toString(36).substr(2,10),e.src+="#?secret="+t,e.setAttribute("data-secret",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute("security"),e.parentNode.replaceChild(t,e)}}}}(window,document); //--><!]]> </script><iframe sandbox="allow-scripts" security="restricted" src="https://prime.fortuneinsight.com/web/posts/486737/embed" width="600" height="338" title="“亞當史密唔係太喜歡生意人” — Fortune Insight" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe>https://prime.fortuneinsight.com/web/wp-content/uploads/2020/07/Presentation1-2.jpg534485上次講完人工，第九章就講利潤，題為Of The Profits Of Stock，講商人手上既stock可以賺到的回報係點決定。 提提大家，stock係指你手頭上有剩的資源，可以係你投資的本錢，可以係你留做後備的資源，例如個商人出住人工養住你班勞工，再加上投資機器幫你班人更有生產力，等你地做完野賣到錢再回本，呢個就係用stock去賺取利潤的過程。 Stock點譯好呢？好多人譯做「資本」，錯唔哂，但stock其實唔止資本(Book 2會講到)，夾硬要譯就譯可以譯做「庫存」。不過我為免複雜，都係叫番「資本」算數。 首先亞當史密就指出商人同勞工的一個矛盾：商人手上資本愈多，個經濟愈增長，一方面勞工會因而受惠，因為根據上一章的理論人工會升，但另一方面咁多資本的結果係增加競爭，拖低利潤。 The increase of stock, which raises wages, tends to lower profit. When the stocks of many rich merchants are turned into the same trade, their mutual competition naturally tends to lower its profit; and when there is a like increase of stock in all the different […]