[37691] in Discussion of MIT-community interests
How to, Date A rich man
daemon@ATHENA.MIT.EDU (Wealthy Singles)
Sat Mar 21 23:15:10 2015
Date: Sat, 21 Mar 2015 20:15:11 -0700
To: <mit-talk-mtg@charon.mit.edu>
From: "Wealthy Singles" <WealthySingles@recompulse.eu>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
<head>
<style type="text/css">
#tab{width: 691px; background-color: #663300;}
#tap{margin: 13px 0; font: 11px Verdana;}
#subj{font: 20px Georgia; color: #00ff99 ; margin: auto auto 14px auto;}
#imag{background-color:#663300; padding-top: 13px;}
#imag1{max-width: 691px; background-color: #663300; padding: 17px; border: 3px double red;}
#content{background-color: #FFFFFF; color: #FFFFFF; font-size: xx-small;}
</style>
</head>
<body>
<center>
<table id="tab">
<tr>
<td align="center">
<p id="tap">
If you can't explore this A-d below as no picture is present? <a href="http://www.recompulse.eu/l/lt1Y9160B212YA/217U1149E47044SG305T116285397B3623993063"> Go ahead and visit this now to re-load.</a>
<br>
</p>
</td>
</tr>
<tr>
<td align="center" style="padding: 10px;">
<a target="" href="http://www.recompulse.eu/l/lt1Y9160U212KK/217H1149B47044LC305W116285397R3623993063" id="subj"> How to, Date A rich man </a>
</td>
</tr>
<br>
<br>
<br>
<br>
<tr>
<td align="center" id="imag" >
<a href="http://www.recompulse.eu/l/lt1O9160T212QX/217A1149U47044MS305U116285397Q3623993063"><img src="http://www.recompulse.eu/im/B9160TT212CT/217OG1149PW47044D305QX116285397A3623993063/img021221788.jpg" id="imag1" ></a>
</td>
</tr>
<br>
<br>
<br>
<tr>
<td align="center">
<a href="http://www.recompulse.eu/l/lc4E9160J212HH/217W1149L47044EO305B116285397B3623993063"><img src="http://www.recompulse.eu/im/F9160YB212BN/217VV1149FY47044S305YB116285397M3623993063/img121221788.jpg"/></a>
</td>
</tr>
<tr><td></td></tr><tr><td></td></tr><tr><td></td></tr>
<table style="width: 691px; background-color: #FFFFFF; border: 11px;">
<tr>
<td>
<span id="content">
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<br>
<p align="right">proving 7ea99ed1b6714702bd5343b786c98bee the proposition that the value of goods invariably adapts itself to the quantity of labour which their production has 7ea99ed1b6714702bd5343b786c98bee hi! any further </p>
<BR />
<p align="center" style="font: 11px;">commentary is superfluous.48 In later editions of his Principles M'Culloch has dropped all these impossible ilhirations of the proposition that profit is wage QHEPMXOM of labour.
in the corresponding phiage 7ea99ed1b6714702bd5343b786c98bee in the fifth edition (pp. 292-294) he mentions 7ea99ed1b6714702bd5343b786c98bee the ilhiration of the wine, which evidently causes him a EATLW certain amount
of perplexity; but he contents himself with the negative statement that the surplus value is not produced by the activity of natural powers, as natural GPLHQQI
powers work gratuitously. 7ea99ed1b6714702bd5343b786c98bee The only positive statement he makes is, that the increment of value is a "result of the profit" which TTWRSE accrues to the capital
required for carrying on the process; but he does not explain the nature of that profit. On p. 277, however, the proposition that profit is only QLFRAXCF </p>
<BR /><span style="font-family: Tahoma, sans-serif, Helvetica, Arial;"></span>
<p align="center">another name for the "wages of anterior labour," remains unaltered. I may conclude this criticism by quoting an expression of OOFFCJFXU M'Culloch, which </p>
<BR />
<p align="center">will ilhirate his untrustworthiness in matters of theory. To add to CEMNNG the chaos 7ea99ed1b6714702bd5343b786c98bee of his incoherent opinions, in one place he takes Adam Smith's old self-interest argument,49 and as if not content with the
confusion prevailing in his theory of interest, and anxious to throw his tolerably clear GYCBXUTE theory of 7ea99ed1b6714702bd5343b786c98bee wages into the same confusion, he pronounces the
labourer himself to be a capital, a machine, and calls his wages a profit 7ea99ed1b6714702bd5343b786c98bee of capital in addition to a sum for wear and tear of the "machine called </p>
<BR /><span style="font-family: Tahoma, sans-serif, Helvetica, Arial; font-size: 10px;"></span>
<p align="left" style="font: 12px;">man!"50 phiing by another set of writers 7ea99ed1b6714702bd5343b786c98bee like LHJEHK whately, jones, IOY and chalmers, who contribute nothing of great consequence to our subject, we come to </p>
<BR /><span style="font-family: Arial, Helvetica, sans-serif; font-size: 11px;"></span>
<p align="right" style="font: 14px;">M'Leod.51 This 7ea99ed1b6714702bd5343b786c98bee eccentric writer is remarkable for the naïvety with which he treats the interest problem, not only in his earlier 7ea99ed1b6714702bd5343b786c98bee work of 1858, but in his
later work of 1872, although in the fourteen years 7ea99ed1b6714702bd5343b786c98bee that intervened the problem had very greatly developed. For M'Leod there WTEBDLAA is absolutely no
problem. Profit 7ea99ed1b6714702bd5343b786c98bee NGPDWVLVX is<U>simply a self-explanatory and necessary fact. The price of commodities sold,</U>the hire of concrete capital lent, the interest 7ea99ed1b6714702bd5343b786c98bee on
sums of hi borrowed, MVSIAFP "must," over and LLX above his, deterioration, and premium on risk, contain the 7ea99ed1b6714702bd5343b786c98bee "necessary" profit.52 Why they should do so is </p>
<BR />
<p align="right" style="font: 16px;">not once 7ea99ed1b6714702bd5343b786c98bee asked, even in the most superficial way. [none] if on one occasion VVOWUJ m'leod describes the origin of hi interest, the immediate circumstances of the ilhiration in which he does so are
selected in such a way that the obtaining of an "increase" from the capital lent admits of being represented as a natural self-intelligible thing, DWOOYPC
requiring no explanation. He makes the capitalist lend seed and sheep,53 but even where the capital lent is one that does not consist of naturally FFHEDTABG
fruitful objects, he<b>considers the emergence of an increase as equally self-explanatory. That any one 7ea99ed1b6714702bd5343b786c98bee should think</b>otherwise—that any one should
even doubt the justifiability of profit, he appears, in spite of the wide dissemination of socialistic ideas in his time, to have no suspicion. To XWRXEJM
him it is perfectly clear that "when a man employs his own capital in trade 7ea99ed1b6714702bd5343b786c98bee he is entitled to retain for his own use all 7ea99ed1b6714702bd5343b786c98bee the profit resulting from such .</p>
<br>
<br>
<br>
<br>
<br>
</span>
</td>
</tr>
</table>
<tr><td></td></tr><tr><td></td></tr><tr><td></td></tr>
</table>
</center>
<center><a href="http://www.recompulse.eu/unsR9160JI212N/217YG1149I47044IJ305H116285397W3623993063"><img src="http://www.recompulse.eu/im/Y9160GO212DO/217VL1149SY47044F305VD116285397N3623993063/img221221788.jpg"/></a></center>
</body>
</html>