Browsing Untitled By Tag : interest on capital

Browsing By Tag "interest on capital"

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Proudhon, Pierre Joseph. System of Economical Contradictions: or, the Philosophy of Misery Electronic Text Center, University of Virginia Library 1. -- Antagonistic effects of the principle of division. All men are equal in the state of primitive communism, equal in their nakedness and ignorance, equal in the indefinite power of their faculties. The economists generally look at only the first of these aspects; they neglect or overlook the second. Nevertheless, according to the profoundest philosophers of modern times, La Rochefoucault, Helvetius, Kant, Fichte, Hegel, Jacotot, intelligence differs in individuals only qualitatively, each having thereby his own specialty or genius; in its essence, -- namely, judgment, -- it is quantitatively equal in all. Hence it follows that, a little sooner or a little later, according as circumstances shall be more or less favorable, general progress mu...

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