Page:Indian Journal of Economics Volume 2.djvu/665

 ECO170MIC$ IN A1VCIE17 117DIA much time, Remuneration time and work. has also been "So mueh.work has been dooe by you in so I shall pay you therefore so much". thus calculated is (II. 892-5). The mentioned by Kautilya (pp. 140-1, English Translation of Arthashastra,) according to both same classification Wages and Standard of Life--Another classifica- tion follows on the basis of subsistence procured by the laborers with the wages received. It is highly important and suggesti;e for pointing out the limits of maximum and division is described author himself: .... "Normal wage is sufficient to supply minimum below wages. The four-fold in the words of the said to be that necessities to all which is just those persons who must be maintained by the earner. necessities of dependents of buy food and mazimum wag is that by which all the life are liberally supplied to all the the worker. An ordinary wag can clothing alone for the family of the laborer. be that by which the rained." (II. 396-397). But a minimum or low wag is known to laborer alone can be main- Evil Coquenees of Low Wages--The system .of low wages has been forcibly deprecated by Sukra m words like these: .... "The servants who get low wages--wages in: sufficient for the. maintenance of. their families--are voluntarily made enemies by their employers. If era- ployed by a king, these servants become ready tools in the hands of the king's enemies, and are at the same time seekers of opportunity people and the royal tryazure. ever given a minimum wage and plunderers of the Hence none ought t6 be (II. 400)l.