Labour Time refers to the amount of time you spend in Labour (i.e. working) with the expectation of exchange for time worked, either through barter or some form of monetary exchange. Labour time should be distinguished from simple Work and Work Time where productive activity occurs without expectation of exchange (e.g. work in the home or volunteer work).
Sosteric, Mike (RSGME). The Rocket Scientists' Guide to Money and the Economy. Lightning Path Press. More Info [[categoryterms]