July 27, 2012

Netherlands

MBT Shoes Clearance: iness becomes paraly iness becomes paralyzed. apital engrosses by its legal accumulative power the productions of labor. here is no mystery about this matter of production by labor and of accumulation by interest. ealth is manifestly the product of labor and not the product of interest or rent. nterest on money loaned or invested in property is merely a legal power by which the lender of money and the owner of property can compel the borrower and the tenant to procure and MBT sell the products of labor in order to pay the interest and the rent while the former receive their incomes without any productive labor. he monetary laws of nations found and perpetuate the greater part of their social evils.ccording to the assessed valuation of the property of the tate of ew ork the increase of its wealth fromtowas about \ per cent per annum without compounding the interest. his was a period of only ten years. t is probable that inpr MBT Shoes operty was estimated higher in proportion to its actual worth than in . his statement then would not be an exactly fair criterion of the actual increase of wealth in the tate. uring that period according to it we gained beside our own support only a fraction overper cent a year by all our labor. f this were a correct estimate of our gains we became poorer during the ten years for the population of the tate increased during that period fromtoor a fracti MBT Shoes Clearance on less thanper cent a year. f we gained but ? per cent in wealth the population of the tate increased more rapidly than its wealth ; and the aggregate wealth of the tate in proportion to its population was less inthan it was in ; and thispresume was not the fact. till there is little doubt that at least onehalf the people of the tate were poorer inand are now poorer than they were in . he increased wealth is accumulated in fewer hands. ore and more of MBT Shoes UK the earnings of the producing classes are required to pay the yearly rent or interest on the yearly increasing capital. f the men who are now rich had inan income that abundantly supplied their wants an increase of wealth has not added to their happiness ; and the increase has been taken from those who toil