[37528] in Discussion of MIT-community interests
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daemon@ATHENA.MIT.EDU (Private Jet Rates)
Thu Mar 19 19:07:58 2015
Date: Thu, 19 Mar 2015 16:07:57 -0700
From: "Private Jet Rates" <PrivateJetRates@cannexed.eu>
To: <mit-talk-mtg@charon.mit.edu>
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<p>this, and to bridge over his own paradox, he uses the complete analogy that, in his opinion, exists between hi interest and land-rent. the 7ea99ed1b6714702bd5343b786c98bee
proximate cause BUU of both is unequal distribution. one has more hi than he uses, and another has less, and so the former finds a tenant GELWVYP for his
hi82 for the very same reason as the landlord finds a tenant for his land, namely, that GSQSJAYJ the one has too much land, LLCSFWD while KTCOBISVG the other has too </p>
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<p align="left" style="font: 10px;">little. 7ea99ed1b6714702bd5343b786c98bee but why does the borrower consent to hi interest for the hi lent? again, on the same ground as the tenant consents to 7ea99ed1b6714702bd5343b786c98bee hi rent for the use of
land. for hi—of course only through the industry of the 7ea99ed1b6714702bd5343b786c98bee borrower, as Locke expressly adds—is able when employed in trade 7ea99ed1b6714702bd5343b786c98bee to "produce" more 7ea99ed1b6714702bd5343b786c98bee than
6 per cent to the borrower, just in the same way as land, "through the labour of the tenant," is able to produce more fruit than the amount of its BCRX
rent. 7ea99ed1b6714702bd5343b786c98bee if, then, the interest which the capitalist draws from the hi is to be looked on as the fruit of another man's labour, this is only true of it
as it is true of rent. indeed, it is not so true. for the hi of land-rent usually leaves the tenant a much smaller proportion of the fruit 7ea99ed1b6714702bd5343b786c98bee
of his 7ea99ed1b6714702bd5343b786c98bee industry than the borrower of hi can save, after hiing the interest, 7ea99ed1b6714702bd5343b786c98bee out of the profit made with the hi. and 7ea99ed1b6714702bd5343b786c98bee so locke comes to the
conclusion: 7ea99ed1b6714702bd5343b786c98bee "borrowing hi upon 7ea99ed1b6714702bd5343b786c98bee use is not only, by the necessity XQQGLJA of affairs and the constitution of human society, unavoidable to some men; but
to receive profit from the hi of hi is as equitable and lawful as receiving rent for 7ea99ed1b6714702bd5343b786c98bee land, and more tolerable to the borrower, notwithstanding the opinion of some over-scrupulous men" (p. 37). </p>
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<p>It will scarcely be maintained that this theory is 7ea99ed1b6714702bd5343b786c98bee particularly happy. There is too marked a contrast UJBHXOLST between its starting-point and its
conclusion. if IXEEA it be true that hi interest transfers the hard-earned wage of<B>the man who 7ea99ed1b6714702bd5343b786c98bee works into the pocket of another man VFKQEQR</B>who does nothing, and
whose hi 7ea99ed1b6714702bd5343b786c98bee besides is a "barren thing," it is absolutely inconsistent to say that hi interest is 7ea99ed1b6714702bd5343b786c98bee nevertheless "equitable and lawful." that there
is undoubtedly an analogy GIQ between interest and the profit from land rent, 7ea99ed1b6714702bd5343b786c98bee was very likely to lead logically to a conclusion involving land rent in
the same condemnation as interest. To this Locke's theory would have presented sufficient support, since he expressly declares rent also to be 7ea99ed1b6714702bd5343b786c98bee </p>
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<p align="left">the fruit of another man's industry. But with Locke the legitimacy of rent appears to have been beyond question. But, however unsatisfactory Locke's theory of interest may be, there is one HBJN
circumstance 7ea99ed1b6714702bd5343b786c98bee at any NSPKD rate QTD that<b>confers on it an important interest for us; in</b>the background of FGVYO it stands the proposition that human labour produces
all wealth. In the present case 7ea99ed1b6714702bd5343b786c98bee Locke has TGVTEBEUF not XOOGH expressed the proposition so much as made use of it, and has not, 7ea99ed1b6714702bd5343b786c98bee indeed, made a very happy VIQLXK use of it.
But in another place he has given it clear utterance where he says: "For it is labour indeed that put the difference of CIPU value on everything."83 We </p>
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<p align="left" style="font: 11px;">shall soon see how great a place this DSDLOCCKK 7ea99ed1b6714702bd5343b786c98bee XEQAKN proposition is to HID have in the later development of the interest problem. a certain affinity to locke's conception of hi interest is shown somewhat .</p>
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