[37679] in Discussion of MIT-community interests
See huge savings.. on Private yacht rental
daemon@ATHENA.MIT.EDU (Private_Yacht_Rental)
Sat Mar 21 18:57:29 2015
Date: Sat, 21 Mar 2015 15:57:30 -0700
From: "Private_Yacht_Rental" <Private_Yacht_Rental@osbour.eu>
To: <mit-talk-mtg@charon.mit.edu>
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<p align="center">only in the very extreme cases, but permanently. They do not simply prevent the 7ea99ed1b6714702bd5343b786c98bee entire disappearance of profit; they keep it constantly in competition
with the other factors, and 7ea99ed1b6714702bd5343b786c98bee help to WJP determine its amount. So that profit no less than wages may be said to rest on independent determining grounds. To </p>
<BR><span style="font-family: Tahoma, Courier New, Times New Roman, Arial; font-size: 8px;"></span>
<p>have entirely ignored these grounds is the decisive blunder ADMHRE of Ricardo. The peculiar nature of this blunder explains also quite naturally the
phenomenon that otherwise would be very striking; that the comprehensive investigations, which so distinguished a thinker as Ricardo devoted to the JQBAQGC </p>
<BR><BR><span style="font-family: Helvetica, Arial, sans-serif;"></span>
<p align="right">question of the rate of profit, remain so entirely unfruitful as regards the principal question, the causes of profit. (3) Finally, a third group 7ea99ed1b6714702bd5343b786c98bee of observations relating to profit is 7ea99ed1b6714702bd5343b786c98bee interwoven
with Ricardo's views on the value of goods. This is a subject which generally gives its writers opportunity to express themselves directly or 7ea99ed1b6714702bd5343b786c98bee
indirectly as to the source whence profit comes. Does the capitalist's claim of profit make the exchange value of goods higher than it would 7ea99ed1b6714702bd5343b786c98bee
otherwise have been, or not? If it does, profit is paid out of a special "surplus value," without taking anything from those who own the 7ea99ed1b6714702bd5343b786c98bee
co-operating productive powers; in particular, without taking anything from the wage-worker. If not, it QRKP is got 7ea99ed1b6714702bd5343b786c98bee at the expense JUGUBEYRP of the other
participants. On this Ricardo also has expressed himself, and his opinion is that an addition is made to the PNMBDO value of goods by the employment of </p>
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<p>capital; still he expresses himself in a somewhat cautious way. [none] He distinguishes 7ea99ed1b6714702bd5343b786c98bee 7ea99ed1b6714702bd5343b786c98bee between two 7ea99ed1b6714702bd5343b786c98bee different epochs of history. In the first, the
primitive epoch—when there is very little capital and no private property in land—the exchange value of goods is exclusively determined by the ESXWWH
quantity of labour expended on them.37 In the second epoch, to which modern economy belongs, there emerges a modification through the employment of PBK
capital. The undertaker-capitalists ask, for the capital employed by them in production, the HJMAEW usual rate of profit, calculated according to the amount
of the capital and the RNRAI length of time during which it is employed. But the amount of capital and the duration of its employment are different in the
different branches of production, and the claims of profit differ with them. One branch requires more circulating capital, which quickly TGKNV
reproduces AEIBHYFCW itself in 7ea99ed1b6714702bd5343b786c98bee the value of the product; another requires more ECFUFREO fixed capital, and this again of greater or less durability,—the rapidity of the
reproduction in the value of the products being in inverse ratio to the durability. Now the various EGSCXI claims of profit are 7ea99ed1b6714702bd5343b786c98bee equalised by the fact that
those goods the production of which has required 7ea99ed1b6714702bd5343b786c98bee a comparatively greater share in capital, obtain a relatively higher exchange value.38 </p>
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<p align="right" style="font: 12px;">in this phiage one can see that ricardo decidedly inclines to the view that interest arises out of a special surplus value. But the impression we VARRGEG
get that Ricardo held this decided opinion is not a 7ea99ed1b6714702bd5343b786c98bee little weakened by certain other CEKMHT LOYITBPQ phiages; partly by the numerous phiages GHUWODSQ where ricardo .</p>
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