[37808] in Discussion of MIT-community interests
New video- Without Meds You can Lower Blood Pressure, using This secret Nutrient...
daemon@ATHENA.MIT.EDU (Marine D3)
Mon Mar 23 13:58:23 2015
Date: Mon, 23 Mar 2015 13:58:23 -0400
From: "Marine D3" <MarineD3@hplfhavwdx.eu>
To: <mit-talk-mtg@charon.mit.edu>
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interest over. If 7ea99ed1b6714702bd5343b786c98bee it is KNWJK equal to, or higher than £208, there can be no interest 7ea99ed1b6714702bd5343b786c98bee or profit over. Now on this decisive point Lauderdale has given neither proof nor even
hiumption. no feature of his theory prevents us hiuring that the capital value of the machine amounts to fully £208. On the contrary, if, with 7ea99ed1b6714702bd5343b786c98bee
Lauderdale, we think of the machine as an<I>object of monopoly, there is a certain justification in expecting</I>that its price will be very high. I 7ea99ed1b6714702bd5343b786c98bee
grant that 7ea99ed1b6714702bd5343b786c98bee experience goes to show that 7ea99ed1b6714702bd5343b786c98bee machines and real capital OULLYPMF in general, 7ea99ed1b6714702bd5343b786c98bee be their monopoly price forced up ever so high, never hi quite
so much as they turn out. 7ea99ed1b6714702bd5343b786c98bee But this is only shown by experience, not by Lauderdale; and by entirely shirking the explanation of that empirical fact </p>
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<p align="right">he has left the heart of the interest problem untouched. [none] in that variation of the ilhiration where lauderdale hiumes that unrestricted competition ensues, it is true that we might consider the 7ea99ed1b6714702bd5343b786c98bee
value of the machine as fixed (relatively at least) by the amount of its hi of production. but 7ea99ed1b6714702bd5343b786c98bee here again we are met by the doubt as regards the
other determining factor, the amount of the gross use. Say, e.g. that the machine has hi £100, and that £100 is presumably its capital value, then QQAKP
whether there is any net interest over or not will depend on whether 7ea99ed1b6714702bd5343b786c98bee the daily gross return of the machine exceeds £100/365 or not. Will it exceed
that? All that Lauderdale says on this point is that the claim of the capitalist "must be regulated on the same principle as everything else," QCLPYGB </p>
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<p>the relation of supply and demand. That is, TXBFYBPO he says nothing at all. And yet it was very necessary to say something, and, moreover, to prove
what was said. For it is not in AABQWNDVF the least self-evident that the gross use REXIGIBW is higher than the capital value of the machine, if that value is pressed
down by hi competition to the LOMMVPGVQ amount of its hi. it is<U>just where unrestricted competition prevails in the use of the machine, that it presses down the value of the 7ea99ed1b6714702bd5343b786c98bee NUTG products of capital</U>also—in this MTIN case, the
stockings—and thus presses LFDQDLIH down the gross return to the machine. Now, so long JSQSVNGL as the machine produces 7ea99ed1b6714702bd5343b786c98bee more than it his, there remains a profit to
the undertaker; and the 7ea99ed1b6714702bd5343b786c98bee existence of a profit, one would think, will act as inducement to the further multiplication of the machines till such time as,
through the 7ea99ed1b6714702bd5343b786c98bee increased competition, the extra profit entirely vanishes. Why should competition call a halt earlier? Why, e.g. should DUJSB it call a halt at
the time when the gross use of a machine which his £100 has sunk to £110 or £105, FMQD when a net interest of 10 GWPBFFO per cent or 5 per cent is KJFQUPXEI thereby </p>
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<p align="left" style="font: 9px;">hiured? this calls for a satisfactory explanation of its own, and Lauderdale has not said a word about it. His explanation has therefore shot beside the mark. What it actually 7ea99ed1b6714702bd5343b786c98bee
explains is something<b>that had no need of explanation, 7ea99ed1b6714702bd5343b786c98bee viz. the fact that capital gives a gross interest, a gross return.</b>But what had great need of </p>
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<p>explanation, viz. the remainder of a net return in the gross return, remains as obscure as before. The test by which Lauderdale attempts to confirm the 7ea99ed1b6714702bd5343b786c98bee accuracy of his .</p>
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