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The rate of profit depends on the Cost of Labour . . . . . . ; CHAPTER XVI. Of Rent.
§ 1. Rent the effect of a natural monopoly . . . . . . . . . . 2. No land can pay rent
except land of such quality or situation, as exists in less quantity than the demand
... its quantity, and that if air, heat, electricity, chemical agencies, and the other
powers of nature employed b manufacturers, were sparingly supplied, and could,
like land, be engrossed and appropriated, a rent could be exacted for them also.
But even there, land favourably situated with regard to markets or means of
carriage, is generally limited in quantity: there is not so much of it as persons
would gladly occupy and cultivate, or otherwise turn to use. In all old countries,
Unless the labourer, before commencing his work, possesses a store of food, or
can obtain access to the stores of some one else, in sufficient quantity to maintain
him until the production is completed, he can undertake no labour but such as ...
There is, in the one case, a wearing out of tools, a destruction of material, and a
quantity of food and clothing supplied to labourers, which they destroy by use; In
the other case, there is a consumption, that is to say, a destruction, of wines, ...
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LibraryThing ReviewРецензія користувача - JohnPhelan - LibraryThing
Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Читати огляд повністю