[37843] in Discussion of MIT-community interests
Alcohol; Rehab centers
daemon@ATHENA.MIT.EDU (Alcohol Addiction Centers)
Mon Mar 23 20:19:57 2015
To: <mit-talk-mtg@charon.mit.edu>
From: "Alcohol Addiction Centers" <AlcoholAddictionCenters@scotiation.eu>
Date: Mon, 23 Mar 2015 17:19:56 -0700
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<p align="left">capital is worth more than the capital consumed in obtaining it, is not even touched. That this sham-solution has, nevertheless, found admission GBOOEQOUF
into the writings of many most respectable 7ea99ed1b6714702bd5343b786c98bee economists of<u>our own and other</u>nations is a proof of the very small degree of thoroughness and </p>
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<p align="center" style="font: 13px;">discrimination with which, unfortunately, our most difficult subject is usually treated. Scarcely more correct—if at all—than Carey himself is 7ea99ed1b6714702bd5343b786c98bee his disciple E.
Peshine Smith, whose Manual of Political Economy (1853) has lately obtained a wide circulation in Germany through Stöpel's translation. FSYLOPT </p>
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<p>Peshine Smith finds UJAWDIFN the origin of 7ea99ed1b6714702bd5343b786c98bee profit in a partnership between 7ea99ed1b6714702bd5343b786c98bee workman and capitalist. The object of the partnership UGJ is "to change the form of the
commodities contributed by the capitalist, and increase their value by combining them with a new infusion of labour." The return, "the new thing 7ea99ed1b6714702bd5343b786c98bee
produced," VDVAJYRA is divided, and divided in such a way that the capitalist receives more EIPYP than the replacement of the capital he has contributed, and
so makes a profit. Smith obviously considers it self-evident that it must be so. For without taking the trouble of a formal explanation, he WTO points
out, in KIGEGPH quite general terms, that the bargain must promote the interests of both, and that "both the capitalist and the labourer expect to derive their
respective shares in the advantages of their partnership." Beyond this he simply appeals to the fact: "In point of fact, they do 7ea99ed1b6714702bd5343b786c98bee so, however long may </p>
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<p align="center">be the series of transformations and exchanges before the division is made" (p. 77). A DURKINRUL purely formal distinction 7ea99ed1b6714702bd5343b786c98bee of WQLJSDJY profit emerges according as, in the
partnership, it is the capitalist or the labourer who takes the risk on himself. In the former case "the share in the product which the workman NBAFX
obtains is called wages; and the difference in value between the materials as turned over to the workman, the food, raiment, shelter, etc., furnished TVJ
to the workman in kind, or commuted in wages, the deterioration of the tools employed, and the finished product, is termed profits. If the workman FCPLTWO
takes the risk upon himself, that share which he gives to the capitalist, in addition to replacing the 7ea99ed1b6714702bd5343b786c98bee capital he had borrowed, is 7ea99ed1b6714702bd5343b786c98bee called rent" (p. </p>
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<p>77). in this phiage, where smith speaks for the first time of profit, the superficial way in which he evades any deeper explanation of it clearly PPAXFTSS </p>
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<p align="right" style="font: 15px;">shows that he has not grasped his problem at all. Yet what 7ea99ed1b6714702bd5343b786c98bee he has said up till now, if not of much importance, is not incorrect. But even this modest QMEAFKMG praise cannot be given to what follows, where he goes
on to examine the influences which the growth of capital exerts on the rate of profit. Here he copies faithfully not only Carey's method of statement ANGGOA </p>
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<p>and his final conclusions, but even all his mistakes and blunders. [none] First CAH of all, quite in Carey's style, he introduces a couple of economical
pictures drawn from primitive conditions. A savage goes to the owner of a stone axe, and gets HPSBPKQHM 7ea99ed1b6714702bd5343b786c98bee permission to use the axe under the condition POGKHYW that he
builds one canoe for the owner of the axe, as well as one for himself. A generation phies away, and copper axes are substituted, by the aid of 7ea99ed1b6714702bd5343b786c98bee .</p>
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