# Wages of Labour — regulated by — Accumulation of Stock

## Subject

Wages of Labour

## Predicate

regulated by (set by the demand for labour, which tracks capital growth)

## Object

Accumulation of Stock

## Relation Type

is regulated by

## VSM Channel

S3 → S2 (capital stock sets demand for labour, which sets the wage coordination signal)

## Evidence

Book I, Chapter 8: "The demand for those who live by wages, therefore,
necessarily increases with the increase of the revenue and stock of every
country, and cannot possibly increase without it. The increase of revenue
and stock is the increase of national wealth."

## Feedback Role

**Wages Expansion loop (positive/reinforcing):**
Accumulation of Stock → raises demand for labour → raises Wages of Labour
→ raises consumer capacity → stimulates Productive Powers of Labour →
generates surplus → funds Accumulation of Stock.

This edge (regulated by) establishes the first link: the wage rate
responds to the growth of capital stock, not to the current stock level
directly. Rapid accumulation raises wages; stationary stock does not.
