Division of labor

Definition and stakes

graf Leo Tolstoy On the Significance of Science and Art

Division of labor is the law of all existing things, and, therefore, it should be present in human societies. It is very possible that this is so; but still the question remains, Of what nature is that division of labor which I behold in my human society? is it that division of labor which should exist? And if people regard a certain division of labor as unreasonable and unjust, then no science whatever can convince men that that should exist which they regard as unreasonable and unjust.
Source: Gutenberg

Portrait of Louis F. Post Louis F. Post The basic facts of economics (1927)

But division of Labor would be useless were it not for Trade. Each of those frontiersmen must trade his share in the other’s habitation for the other’s share in his habitation; each of those messengers must exchange his claim to compensation for delivering one of the other’s two messages for the other’s claim to compensation for delivering one of his. This, then, is the sum and substance of Trade in Economics—adjustments of compensation for specialized Production through division of Labor.
Source: Gutenberg

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