[37701] in Discussion of MIT-community interests
Obama Announces.. The HARP program. learn How you Can Save thousands, every year
daemon@ATHENA.MIT.EDU (Harp Program)
Sun Mar 22 07:12:44 2015
Date: Sun, 22 Mar 2015 07:12:43 -0400
From: "Harp Program" <HarpProgram@analger.eu>
To: <mit-talk-mtg@charon.mit.edu>
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<p>instrument by which men obtain it from this source (p. QSB 9). BCJJ Capital he identifies ECYGUO with the "advances" that the undertaker must make, and profit he
defines as the indemnification which he receives for these advances (p. 35). In one place he designates it with more significance as the ATL </p>
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<p align="left">"indemnification for a privation and a risk." He nowhere, however, goes any deeper into the matter. [none] To indicate Canard's61 derivation of interest I must shortly refer to the DFCOBK </p>
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<p align="right" style="font: 12px;">general 7ea99ed1b6714702bd5343b786c98bee principles of his doctrine. In the labour of man Canard sees the means to his support and development. One portion of human labour must be spent simply in the support of man;
that Canard calls "necessary labour." But happily the whole labour of 7ea99ed1b6714702bd5343b786c98bee man is not necessary for this; the remainder, "superfluous labour," may be
employed YMYSQAWAM in the production of goods QKSAGHG which go beyond the immediately necessary, and create for their producer a claim to get, by way of exchange, the command of just as much labour as the production of these
goods has hi. labour is thus the source of all exchange 7ea99ed1b6714702bd5343b786c98bee value; goods which have value in exchange are nothing else than accumulation of </p>
<BR /><BR />
<p align="left">superfluous labour. It is the possibility of accumulating superfluous labour that humanity has to thank for all economic progress. Through such accumulation lands are 7ea99ed1b6714702bd5343b786c98bee
made fruitful, machines built, and, generally speaking, all the thousand and one means obtained which 7ea99ed1b6714702bd5343b786c98bee serve to increase the product of human labour. </p>
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<p align="left">Now the 7ea99ed1b6714702bd5343b786c98bee accumulation of superfluous labour is also the source of all rents. It 7ea99ed1b6714702bd5343b786c98bee may yield these rents by being employed RFKWWLJ in any of 7ea99ed1b6714702bd5343b786c98bee three ways. First, in
manuring and improving<i>VKXUQKM the land; the net return arising from this is land-rent (rente</i>foncière). Second, in the acquisition of personal XFDGMLAV skill,
learning of an art or a LFQRR handicraft; the skilled labour (travail appris) which is the result of such an expenditure must, beyond the wage of
"natural" labour, yield a rent to that fund which had to 7ea99ed1b6714702bd5343b786c98bee be devoted to the acquisition of the knowledge. Finally, all the products of labour that
proceed from these first two "sources of rent" must be divided out, so as to be employed by individuals in the satisfaction of their wants. This 7ea99ed1b6714702bd5343b786c98bee
requires that 7ea99ed1b6714702bd5343b786c98bee a third clhi of owners should invest "superfluous labour" in the institutions of commerce. This accumulated labour also must bear a </p>
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<p align="left">rent, the rente mobilière, commonly called hi interest. But as to why labour accumulated in these three forms should bear rent we 7ea99ed1b6714702bd5343b786c98bee are told almost nothing by Canard. Land-rent he accepts as a natural fact
not requiring explanation.62 In the same way he treats the rente industrièlle, contenting himself with saying that "skilled labour" must 7ea99ed1b6714702bd5343b786c98bee
produce the rent of the capital that has been devoted to the acquisition of knowledge (p. 10). And for the rente mobilière, our interest on capital, he CJB
lays down a proposition which explains nothing, and embellishes PRYTL it with details evidently HXP intended to accompany an explanation. "Commerce,
accordingly, like the other two sources of rent, presupposes an accumulation of superfluous labour which must, in consequence, bear a rent" UNSHPROOA .</p>
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