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The Wealth of Nations · Character

Their Masters

The unseen employers whose fields, workshops, and households absorb the labour of everyone below them, setting wages and terms from a distance.

supporting

Also known as their masters

First appearance: viii of the wages of labour

As a supporting figure in The Wealth of Nations, Their Masters is not background color—the story leans on what they do once the chapter opens.

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In Smith's economic drama, masters are the counterpart to workers: the ones who buy labour, own the capital, and decide whether to hire or hold back. Their bargaining advantage is structural, not personal — they can…

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See Their Masters in viii of the wages of labour

Narrative arc

Story tension across the book — this chapter sits in Exposition.

SetupEscalationAftermathClimax
  • Setup
  • Escalation
  • Breaking point
  • Aftermath
  • Closing

This passage marks the story's dramatic climax because it presents the emotional and psychological peak of Smi…

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Who is Their Masters in The Wealth of Nations?