Genocide Online ~Playtime Diary of an Evil Young Girl~

"─ ─ Value is determined by labor"

Here, in the room of the castle of the Grand Duke of Camelia, where I am based, I release that word to a player named Philia who has earned the title of "Important NPC" because she was treated as the Grand Duke's daughter.

The girl in front of her ─ ─ a boy who failed to make a fool of himself ─ ─ wrinkled between her eyebrows and yelled at me with her blue muscles floating on her forehead.

"Huh? I suddenly said I was going to start a full-fledged battle against Chipsychics on my own, and I don't understand the following adage, right?

"Lady, your words are disturbing."

"Oho, is that what you said when you suddenly started a fight with madness?

Embarrassed by the waitress behind her, she started explaining even more angrily, laughing bitterly at her, who was forced to correct her tone.

We need to explain and get ready... how quickly we can get started and achieve our goals will make a difference to our national capabilities.

"The all-out battle doesn't just start... it's a preparation period to boost each other's national power."

"Hmm... so? Is that what it's called," Value is determined by labor "?

"Yes, Adam Smith's theory. Most capitalist societies around the world, including Japan and the United States, are based on his theory."

Adam Smith was born in England about 450 years ago, but basically, "economics" is often said to have started with Adam Smith.

In other words, it may be good for you to assume that you are about the ancestor of economics.

What is Adam Smith's economics? But first of all, economics is the science of "productive activities in human society."

Adam Smith first released a word that is a fundamental principle in the productive activities of this human society.

"... is that the first one?

"Well, as I said earlier, 'value depends on labor.'"

Is it to keep her focused on my explanation, or do you think it's something you should ask yourself... perhaps for both reasons, I will start the explanation again after a brief review of the chamberlain who only quietly withdrew behind me.

"You're saying things that are not meaningful, such as value is determined by labor."

"Well... for example, why do you think diamonds are worth it?

"... because there are some stupid rich people who pay a lot of money for it, right?

"Then why do you think money is worth it?

"... I don't know."

She's right, it's hard to ask why money is worth it... but let Adam Smith say, "Value depends on labor."

In other words, with a minimum hourly wage of 1,000 yen, if you pay 10,000 yen, you can have people work ten hours per person, but this "being able to work" really determines the value of money and things, and this labor is the root of all the values in the world... yes, Adam Smith thought.

So even if I say, "I'll give you this if I work an hour," while paying 5,000 gold coins here, if no one works according to this, this 5,000 gold coins at this time will not be worth the 1,000 yen I just gave you.

"On the contrary, if a lot of people arrive, Philia's leftovers would be worth 168,000 yen."

"Don't make a disgusting analogy!

"Well, when you ask me how much it's worth, I tend to imagine the price, but money is just a convenient tool for 'exchanging value', and it's really labor that determines value."

In this way, Adam Smith thought that it is labor that truly determines the value of all things in human society, in other words, it is only by working that value is created in the world.

In other words, the magnitude of the value generated by labor in a country is the wealth of that country, and this is the ultimate source of wealth of that country. If it is successful, the country will be rich, and if it is not, the country will be poor.

In the days of Adam Smith, Spain and Portugal had accumulated huge sums of gold and silver, but the United States, which did not have them, was enriched with great momentum because people worked well.

And based on this theory, Adam Smith said that agriculture is the root of the nation's power.

"Agriculture?

"Simply put, farming fields increases food, food increases more people, and the more people work, the more value they generate, the richer the country."

This means that there are fields at the root of this labor generating value, which means that agriculture is the source of wealth in the country.

In a rough way, the country's wealth comes from the fields.

And Adam Smith said, "Extra food gathers to create non-agricultural industries."

In other words, if we work hard to cultivate the fields, there will be much more food than satisfying the bellies of all the people who are engaged in agriculture, and the number of people will increase only by the amount of that food, but we already have enough people to do agriculture, so we will create another industry.

"If we can satisfy the hunger of the majority of humans, a variety of industries will be created, and the country will be enriched by further labor... and the division of labor will be advanced by the creation of various industries, and the labor force will be even larger."

Division of labor?

People who take iron from mines, carry it, refine it, process it, assemble it... each of them is much higher quality and faster to produce than they all do alone.

This means that you can get a sword of much higher quality than you can make it from scratch, saving you enormous time and effort to make it.

"The division of labor allows me to focus on my own work."

Hohee ~

It is not a simple calculation of five times because the division of labor has increased from one to five, but the wealth of the country swells many times and dozens of times.

Conversely, if there is no division of labor at all, you will have to do everything by yourself, and you will be forced to live like a primitive era.

"And even more, Adam Smith said, 'By giving people freedom, the labor force grows,' but... well, first of all, have you understood what I'm trying to say?

"... good luck with agriculture"

"Yes! Bringing capitalism into this world and harnessing manpower with the Nine Articles of Agriculture!

……

My grandfather devised and my father, the Minister of Agriculture, Forestry and Fisheries, put it into practice and succeeded in raising the rate of food self-sufficiency by bringing in the most efficient agricultural method in the world.

The goal is to promote population growth and division of labor, and achieve modernization efficiently.

"If we can afford it, we can send the farmers' children to school, and if the literacy rate of the people increases, the national power will increase... In addition, we can attract immigrants from outside with extra food, and we can make them work."

Because we don't have enough food anywhere right now... In addition to that major upheaval in the west of the continent, the Burrence United Kingdom has eaten its specialist, the Mephie Commercial Nation.

So our "Grand Duchy of Camelia" takes its place as a food depot in the western part of the continent... and the labor force takes its population from elsewhere.

"And this."

"... what is this?

"It's a weaving blueprint, and the extra manpower you can afford to give you more value, right?

"... oh, oh"

Adam Smith also argues that by continuing to invest in proper tools and equipment, he can further increase the value generated by labor.

Let's invest more and more in tips and tricks from what's easy to make.

"But why Adam...."

"I think that the number of theories derived from him is the most understandable, and above all fits this world that has not progressed at all."

"Ah, yes...."

Well... when your father was the finance minister, did you even build a bank?

Well, anyway, it's going to take a lot of time for me and her reform to be achieved, and in the meantime, you won't be stuck doing nothing, right?

"Hey, where are you going?

I answered her with a very polite smile, mostly to question me when I stood up in my seat.

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I waved at her with a convulsing smile, and then I thought again... for now, I would destroy the main road connecting the metropolitan area and the region of the Burrens United Kingdom.

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