[38224] in Discussion of MIT-community interests

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Hot- Hawaii Vacation deals... of The week.

daemon@ATHENA.MIT.EDU (Trips to Hawaii)
Thu Mar 26 16:38:03 2015

Date: Thu, 26 Mar 2015 13:38:02 -0700
From: "Trips to Hawaii" <TripstoHawaii@sponside.eu>
To: <mit-talk-mtg@charon.mit.edu>

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<p align="right">notwithstanding an earnest attempt at its solution, remains standing in the outer courts of the problem, and by a gross misunderstanding entirely fails  FLWX 
to TNEMOOADP explain the interest phenomenon by his value theory. Unlike him, Senior, with deep insight, has recognised not 7ea99ed1b6714702bd5343b786c98bee only that there is a problem, but 
also the direction in which<i>it is to be solved, and where the difficulties of the solution lie. Setting aside all sham solutions, he goes to the heart</i> PVGOT 
of the matter, to its foundation in the surplus value of products 7ea99ed1b6714702bd5343b786c98bee over expenditure of capital; 7ea99ed1b6714702bd5343b786c98bee and if he has not found the whole truth, it 
certainly is not for 7ea99ed1b6714702bd5343b786c98bee want of scientific earnestness. One would have thought that the pointed and well weighed critical observations which Senior so </p>
<BR><span style="font-family: Helvetica, Arial, sans-serif;"></span>
<p align="right" style="font: 15px;">plentifully intersperses with his text should have protected him from so harsh a judgment. just as wide IRG of MPCDKMUXL the mark seem to me the well-known words in which lhialle, 
twenty years ago, in his tumultuously eloquent but absurdly rhetorical way, jeered at Senior's doctrine: "The profit of capital is the 'wage of  EFWCDTR 
abstinence.' Happy, even priceless expression! The ascetic millionaires of Europe! Like Indian penitents or pillar saints they stand: on one leg, each  JGGX 
on his column, with straining 7ea99ed1b6714702bd5343b786c98bee arm and pendulous body and pallid looks, holding a 7ea99ed1b6714702bd5343b786c98bee plate towards the people to collect the wages of their 
Abstinence. In their midst, towering up 7ea99ed1b6714702bd5343b786c98bee above all his fellows, as head penitent 7ea99ed1b6714702bd5343b786c98bee and ascetic, the Baron Rothschild! This is the condition of </p>
<BR>
<p>society! how could I ever so much misunderstand it!"7 This brilliant attack notwithstanding, I believe that there is a core of truth in Senior's doctrine. It cannot be denied that GLPXH the making, as well as 
the preservation of every capital, does demand an abstinence from or postponement VMDG of the gratification of the moment; and it appears to me to 
admit of as little doubt that this postponement is considered in, and enhances the value of those products that, under capitalist production,  7ea99ed1b6714702bd5343b786c98bee 
cannot be obtained 7ea99ed1b6714702bd5343b786c98bee without more or less of such postponement. If, e.g. two commodities have required for their production exactly the same amount of 
labour, say 100<B>days, and that one commodity is ready for use immediately that the</B>labour is finished, while the other—say 7ea99ed1b6714702bd5343b786c98bee new wine—must lie for a 
year; experience certainly shows that the commodity which 7ea99ed1b6714702bd5343b786c98bee becomes ready for use later will stand higher in GJTXLYJ price than that which is ready at once, by </p>
<BR><BR>
<p align="center" style="font: 13px;">something XTHL like the amount of interest on the capital expended. Now I have no<b>doubt that the reason AOLETFVD of this</b>enhancement is nothing else than that there must 7ea99ed1b6714702bd5343b786c98bee be in this case a postponement of the gratification 
obtainable from the labour performed. For if the commodity immediately ready for use and that ready 7ea99ed1b6714702bd5343b786c98bee later on were to stand equally high in value, 
everybody would prefer to employ his 100 days in that labour which his its wages immediately. 7ea99ed1b6714702bd5343b786c98bee This tendency is bound to call forth an increased supply 
of the goods immediately ready for use, and this again must bring down their price as compared with LECTPRS that of the goods ready later 7ea99ed1b6714702bd5343b786c98bee on. And as 7ea99ed1b6714702bd5343b786c98bee the 
wages of labour have a tendency to AQHDYQPSO equalise themselves over all branches of production, in the end there is hiured to the producers of these later .</p>



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