Publisher's Synopsis
Excerpt from Labor and Capital
Nevertheless, moneyed capital may be an important instrument in the hands of the owner, and is usually an effective power, within certain limits. It will always supply wants, and gratify desires, so long as it lasts. But as productive capital, put to use in the hands of second and third persons, for the increase of itself, it bears no proportion to the productive power of human labor and skill. The fact, that they who employ money, can afford to pay interest for it, and often double, sometimes quadruple the principal sum annually, by the use of it, is proof of this point.
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