Collectivism; a Study of Some of the Leading Social Questions of the Day
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To quickly assess the difficulty of the text, read a short excerpt:
Lassalle is indignant that " non-consumption " or " saving," which is a merely negative quality, should be said to be the source of capital. Savings, however, do, as a fact, exist, and if not transformed into "capital," what rdle do they fulfil?
It has been said that to save is to create ; and under certain conditions, the truth of this is obvious, as in the case of some commodity which is being constantly pro- duced. Here any saving is, J>ro tanto, an addition to the quantity available for use... ; thus, if a man possesses a ton of coal, and by economy in the use of it he saves half, he thereby adds this quantity to the general stock ; and the effect of his non-consumption or saving in this case may obviously be a source of capital ; or if, possessing a stock * The amount due to depositors in private as well as national savings banks was, on 31st December 1900, 4,374,000,000 fr., as against 1,802,809 fr. in 1882, whilst the number of depositors during the same period had increased ft'om 4,645,893 to 10,680,866.
What to read after Collectivism; a Study of Some of the Leading Social Questions of the Day?
You can find similar books in the "Read Also" column, or choose other free books by Leroy-Beaulieu, Paul, 1843-1916 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Lassalle is indignant that " non-consumption " or " saving," which is a merely negative quality, should be said to be the source of capital. Savings, however, do, as a fact, exist, and if not transformed into "capital," what rdle do they fulfil?
It has been said that to save is to create ; and under certain conditions, the truth of this is obvious, as in the case of some commodity which is being constantly pro- duced. Here any saving is, J>ro tanto, an addition to the quantity available for use... ; thus, if a man possesses a ton of coal, and by economy in the use of it he saves half, he thereby adds this quantity to the general stock ; and the effect of his non-consumption or saving in this case may obviously be a source of capital ; or if, possessing a stock * The amount due to depositors in private as well as national savings banks was, on 31st December 1900, 4,374,000,000 fr., as against 1,802,809 fr. in 1882, whilst the number of depositors during the same period had increased ft'om 4,645,893 to 10,680,866.
What to read after Collectivism; a Study of Some of the Leading Social Questions of the Day?
You can find similar books in the "Read Also" column, or choose other free books by Leroy-Beaulieu, Paul, 1843-1916 to read onlineMoreLess
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