The Standard Price of Cotton
The Standard Price of Cotton
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In our eReader you can find the full English version of the book. Read The Standard Price of Cotton Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Standard Price of Cotton
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would cost two hundred thousand dollars and sell for four hundred thousand dollars, and if capital was as free to supply the market with buildings as it is free to supply it with goods, the demand for labor to reproduce untold millions of capital would soon circulate the volume of money the market requires.
Bi\t the capitalist seeking to invest and replace an old ten-thousand-dollar structure with a modern one to cost two hundred thousand dollars, discovers he must pay two hundred thousand doll...ars for the land first, and have nothing, and must expend an additional two hundred thousand dollars for a building which he can scarcely sell at a profit and from which he can derive an income no greater than the rate of interest upon money.
If every location was open to capital, and if the public could be supplied with buildings by competition accord- ing to the profit they pay at different locations, the build- ing boom and reproduction of capital would end the dis- cussion of social problems.
What to read after The Standard Price of Cotton?
You can find similar books in the "Read Also" column, or choose other free books by Rawie, Henry, 1860- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
would cost two hundred thousand dollars and sell for four hundred thousand dollars, and if capital was as free to supply the market with buildings as it is free to supply it with goods, the demand for labor to reproduce untold millions of capital would soon circulate the volume of money the market requires.
Bi\t the capitalist seeking to invest and replace an old ten-thousand-dollar structure with a modern one to cost two hundred thousand dollars, discovers he must pay two hundred thousand doll...ars for the land first, and have nothing, and must expend an additional two hundred thousand dollars for a building which he can scarcely sell at a profit and from which he can derive an income no greater than the rate of interest upon money.
If every location was open to capital, and if the public could be supplied with buildings by competition accord- ing to the profit they pay at different locations, the build- ing boom and reproduction of capital would end the dis- cussion of social problems.
What to read after The Standard Price of Cotton?
You can find similar books in the "Read Also" column, or choose other free books by Rawie, Henry, 1860- to read onlineMoreLess
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