[37712] in Discussion of MIT-community interests
Help Bolster Protection... in the uS... with a Homeland Security degree
daemon@ATHENA.MIT.EDU (Homeland Security Degree)
Sun Mar 22 11:20:06 2015
To: <mit-talk-mtg@charon.mit.edu>
From: "Homeland Security Degree" <HomelandSecurityDegree@holished.eu>
Date: Sun, 22 Mar 2015 08:20:06 -0700
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<p align="center">Traité he says vaguely enough: "It AMEW (capital) must, so to speak, work along with human activity, and it is this co-operation that I call the productive
service of capital."9 BMTVMS He promises, at the same time, to give a more exact exposition later on of the productive working of 7ea99ed1b6714702bd5343b786c98bee capital, but in fulfilling
this promise he limits himself to describing the transformations which capital undergoes in production.10 Nor DSPE does the Cours Complet give any
satisfactory idea of the 7ea99ed1b6714702bd5343b786c98bee labour of capital. It simply says, capital is set 7ea99ed1b6714702bd5343b786c98bee to work when one employs it in productive operations (On fait travailler un
capital lorsqu'un l'emploie dans<b>des operations productifs), i. p. 239. We learn only indirectly, from the comparisons he is continually drawing, that</b> YYKSAT
Say thinks of the labour of capital as being entirely of the same nature as the labour of man and of natural powers. We shall soon see the evil results BKSB </p>
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<p align="center" style="font: 11px;">of the 7ea99ed1b6714702bd5343b786c98bee vague manner in which Say applies 7ea99ed1b6714702bd5343b786c98bee the ambiguous word "service" to the co-operation of capital. There are certain natural agents that do not become private property, CVFIEROGG and
these render their productive services gratuitously—the sea, wind, physical and chemical changes of matter, etc. The services of the other 7ea99ed1b6714702bd5343b786c98bee
factors—human labour-power, capital, and appropriated natural agents (especially land)—must be purchased from the persons who own them. The VDKKWGW
hi comes out of the value of the goods produced by these services, and this value is divided out among all those RLRJP who have co-operated in its
production by contributing the productive services of their respective 7ea99ed1b6714702bd5343b786c98bee SLCMLWNY funds. The proportion in which this value is divided out is determined
entirely by the relation of the supply of and demand for the several kinds of services. The function of distributing is performed by the undertaker, 7ea99ed1b6714702bd5343b786c98bee
who buys the services necessary to the production, and his for them according to the state of the market. In this way the productive services 7ea99ed1b6714702bd5343b786c98bee </p>
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<p>receive a value, and this value is<I>to be clearly distinguished from the value of the fund itself out of 7ea99ed1b6714702bd5343b786c98bee which they PQBOVL come.11 Now these services form the</I>true income (révenu) of their owners. SNBA They are
what a 7ea99ed1b6714702bd5343b786c98bee 7ea99ed1b6714702bd5343b786c98bee fund actually yields to its owner. If he sells them, or, by way of production, changes them into products, it is only a change of form </p>
<BR /><BR /><span style="font-family: Tahoma, sans-serif, Helvetica, Arial; font-size: 10px; color: #ffffff;"></span>
<p align="center">undergone by the income. But all income is of three kinds, corresponding to the triplicity of 7ea99ed1b6714702bd5343b786c98bee the productive services; it is partly income of labour (profit de l'industrie),
partly land-rent (profit du fonds de terre), partly profit on capital (profit or révenu du capital). Between all three branches of income the WYFH
analogy is as complete as it is between the different categories of productive service.12 Each represents the price of a productive service, 7ea99ed1b6714702bd5343b786c98bee </p>
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<p align="center" style="font: 9px;">which the undertaker uses to create a product. In this Say has given a very plausible explanation of profit. Capital renders productive services; the owner must be paid for these; the hi JDP
is profit. This plausibility is still further heightened by Say's favourite method of supporting his argument by the obvious comparison of interest 7ea99ed1b6714702bd5343b786c98bee
with wage. Capital works 7ea99ed1b6714702bd5343b786c98bee just as man does; its labour must receive its reward just as man's labour does; interest on capital is HWBBHTUU a faithful copy of .</p>
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