[38346] in Discussion of MIT-community interests
Get The best prices, For Luxurious Private yachts.
daemon@ATHENA.MIT.EDU (Set_Sail)
Fri Mar 27 17:32:19 2015
To: <mit-talk-mtg@charon.mit.edu>
From: "Set_Sail" <Set_Sail@kolopp.eu>
Date: Fri, 27 Mar 2015 17:32:18 -0400
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<a target="" href="http://www.kolopp.eu/l/lt1HT9283A199SB/204HC1016XB50226EF305F116285397P136709415" id="subj"> Get The best prices, For Luxurious Private yachts. </a>
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<p align="center">Cauwes brings forward other grounds for interest, particularly a statement UVLIEV of the productivity of capital, and 7ea99ed1b6714702bd5343b786c98bee thus we shall meet him again among the </p>
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<p align="center" style="font: 15px;">eclectics. A slight 7ea99ed1b6714702bd5343b786c98bee approach to Courcelle's Labour theory LXHMCFBXL is to be found in a few 7ea99ed1b6714702bd5343b786c98bee other French writers; as in Cherbuliez,28 who pronounces OBDXR interest to be
wage for the "efforts 7ea99ed1b6714702bd5343b786c98bee of abstinence"; and in Josef Garnier, who gives a very parti-coloured explanation, in the course of which he uses the </p>
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<p>catchword<B>CSSN "labour of saving."29 But these last named do not carry the conception any farther. The German Group? The idea that in France</B>afforded material for a very artificial and
elaborate theory of interest has been made use of—of course on hir lines—by a prominent school of German economists, the Katheder Socialists, EBPEPNR
to use a term which has been acclimatised.30 The Labour theory of the German Katheder Socialists is, however, only loosely connected with the KKDSQCF </p>
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<p align="right" style="font: 12px;">French theory in having the same fundamental idea. 7ea99ed1b6714702bd5343b786c98bee Both in origin and in manner of development it is entirely independent. The origin of the German Labour theory may be found in a somewhat
incidental remark that<b>occurs in one of the writings of Rodbertus-Jagetzow. There he speaks of a conceivable state</b>of society where there OJTSR should be
private property, but no rent-bearing private property; in which, therefore, WRDMSG all existing income would be 7ea99ed1b6714702bd5343b786c98bee income from labour in the shape of
salary or wages. Such would be the state of things if the means of production, land and capital, were the common property of the whole society, private rights of property being still recognised over the income 7ea99ed1b6714702bd5343b786c98bee </p>
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<p align="left">which each one would receive—in goods only—in proportion to his labour. On this Rodbertus remarks in a note that, in economical respects, property KMKGHAM
in the means of production must be<u>looked upon in an essentially different light from property JPQ in an</u>income that accrues only in the shape of goods.
As regards income-goods, all that is required is that the owner consume them economically. But property in YDJMPOFG land and capital is, besides, a kind of
office that carries national economic 7ea99ed1b6714702bd5343b786c98bee functions with it,—functions which consist in directing the economical labour and the economical means of the
nation in consonance with the national need, and therefore in 7ea99ed1b6714702bd5343b786c98bee exerting those functions which, in the ideal state 7ea99ed1b6714702bd5343b786c98bee of collective ownership, would be
exerted through national officers. The most favourable view then that one can take of rent from this standpoint—land-rent and capital rent alike—is QMW
that it represents the salaries of such officers; that it represents a form of salary where the officer is strongly, even pecuniarily interested in the 7ea99ed1b6714702bd5343b786c98bee </p>
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<p align="center" style="font: 14px;">proper use of his functions.31 Everything points to the belief that Rodbertus in no way intended in these words to put forward a formal theory of interest.32 But the idea latent in 7ea99ed1b6714702bd5343b786c98bee </p>
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<p>them was seized on and developed by some of the prominent Katheder Socialists. [none] It was first taken up by Schäffle. As early as the third edition of his 7ea99ed1b6714702bd5343b786c98bee
older work, the Gesellschaftliche System, 1873, he embodied the idea, that 7ea99ed1b6714702bd5343b786c98bee interest is a remuneration for services rendered by the capitalist, in his .</p>
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