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activities analysis applied artist capital and labour civilised competition conscious considerable conspicuous leisure consumer cooperative creative demand desires direct distribution division of labour duction economic economic rent efficiency elements employees employment evoke expenditure fact factors factors of production higher human costs human utility human valuation human welfare illth imitation income increase individual industry injurious instincts intellectual interest involves J. A. Hobson larger leisure less machinery material means measure ment method modern modes moral nature needs nomic operation organic organisation output physical processes productive energy profits progress proportion purpose qualities quantity realise recognise regarded remuneration routine satisfaction saving Scientific Management secure sense skill social social economy society sorts specialisation specialisation of labour standard of consumption standpoint sumers sumption supply surplus tion tive trade vidual vital wages waste wealth workers working-class