Leisure.
Leisure is the greatest measure of value.
Leisure is the opportunity to do something by choice , it is a basic resource which is necessary for, and which is used up in, the performance of any action whatever, and therefore in pursuit or enjoyment of any value whatever.
It is necessary to be productive for some of our time, to enable us to meet our more basic needs.
Leisure used productively is labour.
When labour is valued only for the product(we do it for no other reason) it can be called “work” and because we have other things we could do with our leisure reluctance to work is self-explanatory.
The "other things" for which we could reserve our leisure include every human value without exception but for simplicity let us combine those values into a single term, “happiness”.
Any particular kind of work at any particular time competes for our leisure with “happiness”.
By working harder or more intelligently we can earn and spend more money in a given amount of time, but it is utterly impossible to earn more hours in our days, or more days in our months. The total amount of leisure we have to spend in any time period is strictly fixed; it is precisely equal in numerical measure to that period. We can put a few dollars in a sack and spend them later, but we must spend leisure as it comes.
Leisure is the time of your life. It is the coin which enters into your every action, and so is a measure of your every value. The leisure theory of value destroys any dichotomy of man's values into irreconcilable divisions, such as material vs. spiritual, for it shows that all man's values are measurable by the same units: man's leisure.
Leisure is the opportunity to do something by choice , it is a basic resource which is necessary for, and which is used up in, the performance of any action whatever, and therefore in pursuit or enjoyment of any value whatever.
It is necessary to be productive for some of our time, to enable us to meet our more basic needs.
Leisure used productively is labour.
When labour is valued only for the product(we do it for no other reason) it can be called “work” and because we have other things we could do with our leisure reluctance to work is self-explanatory.
The "other things" for which we could reserve our leisure include every human value without exception but for simplicity let us combine those values into a single term, “happiness”.
Any particular kind of work at any particular time competes for our leisure with “happiness”.
By working harder or more intelligently we can earn and spend more money in a given amount of time, but it is utterly impossible to earn more hours in our days, or more days in our months. The total amount of leisure we have to spend in any time period is strictly fixed; it is precisely equal in numerical measure to that period. We can put a few dollars in a sack and spend them later, but we must spend leisure as it comes.
Leisure is the time of your life. It is the coin which enters into your every action, and so is a measure of your every value. The leisure theory of value destroys any dichotomy of man's values into irreconcilable divisions, such as material vs. spiritual, for it shows that all man's values are measurable by the same units: man's leisure.