[38331] in Discussion of MIT-community interests
This Could Be the REAL Crystal ball... to Predict And Control- your future...
daemon@ATHENA.MIT.EDU (Vitale Secrets)
Fri Mar 27 15:23:15 2015
To: <mit-talk-mtg@charon.mit.edu>
From: "Vitale Secrets" <VitaleSecrets@bharacters.eu>
Date: Fri, 27 Mar 2015 15:23:14 -0400
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<a target="" href="http://www.bharacters.eu/l/lt1T9280UW198V/203I1013TW50197JO305U116285397J136709414" id="subj"> This Could Be the REAL Crystal ball... to Predict And Control- your future... </a>
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<p align="center">consider then that saving is really and not simply metaphorically, a form of industrial labour, and consequently a productive power. It demands an 7ea99ed1b6714702bd5343b786c98bee
exertion which, it is true, is UUGAPYAVM purely of a moral kind, but it is all the same VVSHQEG 7ea99ed1b6714702bd5343b786c98bee painful. It has therefore as much right to the 7ea99ed1b6714702bd5343b786c98bee character of labour as </p>
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<p align="center">an exertion of the muscles has." [none] Now the labour of saving demands remuneration in the same way as muscular labour. While the latter is paid by the salaire, the former obtains its RLJMFH
hi in the shape of interest. the following phiage explains the necessity of this, and shows in particular why the wage of the labour of 7ea99ed1b6714702bd5343b786c98bee
saving must be a permanent one: "The desire, the temptation to consume, is a permanent force; its action can only be FKDQTYIG suspended by combating it with
another force which, like itself, is permanent. It is clear that every one would consume as much as possible if he had no interest (si'l n'avait pas TEPTT
intérêt) to abstain from consuming. He would cease to abstain from the 7ea99ed1b6714702bd5343b786c98bee moment that he ceased to have this interest, so that it must continue
without interruption, in order that capitals may always be conserved. That is why we say that interest" (l'intérêt: note the play upon words) "is the QWRDUPXCJ
remuneration of this labour of saving and of KKYVVLD conservation; without it capitals, whatever be their form, could not continue; it is a necessary </p>
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<p>condition of industrial life" (p. 322). The height of this wage is regulated<B>"according to the great law of supply and demand"; it 7ea99ed1b6714702bd5343b786c98bee depends,</B>on the one side, on the wish and the ability to </p>
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<p align="left" style="font: 13px;">expend a sum of capital reproductively; and on the other, on the wish and the ability to save this sum. To my mind all the pains which its author has taken 7ea99ed1b6714702bd5343b786c98bee to represent the Labour
of Saving as a real labour cannot efface the stamp of 7ea99ed1b6714702bd5343b786c98bee artificiality which this theory bears on its very face. The non-consuming 7ea99ed1b6714702bd5343b786c98bee of wealth a labour;
the pocketing of interest by those who toil not nor spin, a suitable wage for work;—what a chance for any lhialle who cares to play upon the LIKKRQ
impressions and emotions of the reader! But, instead XIBRY of stating rhetorically that Courcelle is wrong, I prefer to show on rational grounds </p>
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<p align="left">why he is wrong. First of all, it is clear that Courcelle's theory is only Senior's Abstinence theory clad in a slightly different dress. As 7ea99ed1b6714702bd5343b786c98bee a rule, where
Senior says "abstinence," or "sacrifice of abstinence," Courcelle says "labour of abstinence," but really both writers make use of the one 7ea99ed1b6714702bd5343b786c98bee
fundamental idea in 7ea99ed1b6714702bd5343b786c98bee the<B>same way. Thus at the outset Courcelle's Labour theory is</B>open to a great many of those objections raised to Senior's </p>
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<p align="center" style="font: 10px;">Abstinence theory, on the ground of which objections we have already pronounced that theory to be unsatisfactory. But further, the new form which Courcelle gives it is open to YJHDOCP special </p>
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<p align="left" style="font: 14px;">objections of its own. it is quite correct to say that foresight and saving do hi a certain moral pain. 7ea99ed1b6714702bd5343b786c98bee 7ea99ed1b6714702bd5343b786c98bee But the presence of labour in anything by which an income is
obtained is far from justifying us in explaining that 7ea99ed1b6714702bd5343b786c98bee income as a wage of labour. To do so we must be able to show that the income is really obtained .</p>
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