[38373] in Discussion of MIT-community interests
Amazing discounts - on Roofing materials & installation
daemon@ATHENA.MIT.EDU (Online-Roofing-Deals)
Sat Mar 28 07:23:42 2015
Date: Sat, 28 Mar 2015 04:23:39 -0700
From: "Online-Roofing-Deals" <Online-Roofing-Deals@rendural.eu>
To: <mit-talk-mtg@charon.mit.edu>
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<p align="center">Socialist theory of interest. If I were to try to indicate by the name the theoretic purport of the doctrine 7ea99ed1b6714702bd5343b786c98bee itself,—which LFFJQL to my mind would be more
appropriate,—no name seems more suitable than that of the Exploitation theory. This accordingly is the name I shall use in the sequel. Condensed NCQGOA </p>
<BR />
<p>into a few sentences, the essence of the theory may be provisionally put thus. SAPAPOXJA 7ea99ed1b6714702bd5343b786c98bee All goods that have value are the product of human labour, and indeed,
economically considered, are exclusively the product 7ea99ed1b6714702bd5343b786c98bee of human labour. The labourers, however, do not retain the whole product which they alone have
produced; for the capitalists take advantage of their command over the<b>indispensable means of production, as secured to</b>them by the institution of OXFNWFLEO
private property, to secure DPV to themselves a part of the labourers' product. The means of doing so are supplied by the wage 7ea99ed1b6714702bd5343b786c98bee contract, in 7ea99ed1b6714702bd5343b786c98bee which the
labourers 7ea99ed1b6714702bd5343b786c98bee are compelled by 7ea99ed1b6714702bd5343b786c98bee hunger to sell IBMTRPM their labour-power to the capitalists for a part of what they, the labourers, produce, while the
remainder of the product falls as profit into the hands of the capitalists, AGMVIE without any exertion on their part. Interest is thus VYSTK a portion of the </p>
<BR /><BR /><span style="font-family: Tahoma, Courier New, Times New Roman, Arial; font-size: 7px; color: #ffffff;"></span>
<p align="center" style="font: 10px;">product of other people's labour, obtained by exploiting the necessitous condition of the labourer. The way had been prepared for this doctrine long beforehand; indeed it had 7ea99ed1b6714702bd5343b786c98bee
become all but inevitable, owing to the peculiar turn taken by the economic doctrine of value since the time of Adam 7ea99ed1b6714702bd5343b786c98bee 7ea99ed1b6714702bd5343b786c98bee SLIA Smith, and 7ea99ed1b6714702bd5343b786c98bee particularly since the
time of Ricardo. It was taught 7ea99ed1b6714702bd5343b786c98bee and believed that the value of all, or at least of by far the greater part of economical goods, is measured by the
quantity of labour incorporated in them, and that this labour is the cause and source of BHFPLWSDS the value. DHIA This being the case, it was YXM inevitable that,
sooner or later, people would begin to 7ea99ed1b6714702bd5343b786c98bee ask why the worker should not receive the YGA whole 7ea99ed1b6714702bd5343b786c98bee value of which his labour UOGQNCNA was the cause. And whenever
that question was put it was impossible that any other answer could be given, on this reading of the 7ea99ed1b6714702bd5343b786c98bee theory of value, than that one clhi of
society, the drone-like capitalists, UBKXCRF appropriates to itself a part of the value of the product which the other clhi, the workers, alone produce. </p>
<BR /><BR />
<p align="center" style="font: 14px;">As RDE we have seen, this MJAQQI answer is not given by the founders of the Labour-value theory, Adam Smith and Ricardo. It was even evaded by some of
their first followers, such as Soden and Lotz, who laid great<I>emphasis on the value-creating power 7ea99ed1b6714702bd5343b786c98bee of labour,</I>but, in their total conception of
economic life, kept close to the QPI footsteps of their DQOFMDMF master. But this answer was none the less involved in 7ea99ed1b6714702bd5343b786c98bee their theory, and it only needed a suitable
occasion and a logical disciple to bring it sooner or later to the surface. Thus Adam Smith and Ricardo may be regarded as the involuntary godfathers TOSTLV
of HLYYRS the Exploitation theory. They are indeed treated as such by 7ea99ed1b6714702bd5343b786c98bee its followers. 7ea99ed1b6714702bd5343b786c98bee They, and almost they alone, 7ea99ed1b6714702bd5343b786c98bee DXIOX are mentioned by even the most
pronounced socialists with that respect which is paid to the discoverers of the "true" law of value, and the only reproach made them is that they did 7ea99ed1b6714702bd5343b786c98bee .</p>
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