Philosophy, June 12th

“But though the Factory Acts thus artificially ripen the material elements necessary for the conversion of the manufacturing system into the factory system, yet at the same time, because they make it necessary to lay out a greater amount of capital, they hasten the decline of the small masters, and the concentration of capital.” – Karl Marx, Capital

“Since the capital produces a surplus-value every year, of which one part is added every year to the original capital; since the increment itself grows every year along with the augmentation of the capital already functioning; and since, lastly, under conditions especially liable to stimulate the drive for self-enrichment, such as the opening of new markets, or of new spheres for the for the outlay of capital resulting from newly developed social requirements, the scale of accumulation may suddenly be extended merely by a change in the proportion in which the surplus-value or the surplus product is divided into capital and revenue – for all these reasons the requirements of accumulating capital may exceed the growth in labor-power or in the number of workers; the demand for workers may outstrip the supply, and thus wages may rise.” – Karl Marx, Capital

“Things that have a use can be used both well and badly; and wealth is a thing that can be used. The person who makes the best use of any given thing is the person who possesses the relevant virtue; therefore, that person will also make the best use of wealth who possess the virtue relevant to wealth; and this is the liberal man. The use of money is considered to consist in spending and giving; receiving and keeping it are more a matter of acquisition. Hence it is more the mark of the liberal man to give to the right people than to receive from the right people, or not to receive from the wrong people; because virtue consists more in doing good than in receiving it, and more in doing fine actions than in refraining from disgraceful ones. It is not hard to see that doing good and performing fine actions go along with giving, while receiving good or not acting disgracefully goes with receiving. Also, gratitude is directed towards the person who gives, not towards the person who refuses to take, and this is even more true of praise. Also, it is easier not to take than to give; for people are less inclined to give up what is their own than not to take what belongs to somebody else. Again, those who give are called liberal, but those who do not take are praised not for liberality but quite as much for justice; and those who do take are not praised at all. Of all those who are called virtuous the liberal is probably the best liked, because they are helpful; and their help consists in giving.” – Aristotle, The Nicomachean Ethics

“In all these movements they bring to the front, as the leading question in each, the property question, no matter what its degree of development at the time.” – Karl Marx, The Communist Manifesto

“Thou art in the right: and if I do not complain of the pain, it is because knights-errant are not permitted to complain of any wound they receive, even though’ their bowels should come out of their bodies.” – Miguel de Cervantes, Don Quixote

Published by jim

Curator of things...

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