Capital & Credit
About: rso: social future 4: capital and credit

This is especially evident in the case of land. Certain conditions may very well make it necessary for a district to be cultivated in a particular way. Such conditions may be of a moral nature; they may be founded on spiritual and cultural peculiarities. However, it is entirely possible that the fulfillment of these conditions would result in a smaller interest on capital than would investment in some other undertaking. As a consequence of the purely capitalist tendency, the land will then be exploited, not in accordance with these spiritual or cultural viewpoints (which are not purely capitalist in character), but in such a way that the resulting interest on capital will equal the interest resulting from other undertakings. Thus values that may be very necessary to a real civilization are left undeveloped. Under the influence of this purely capitalist orientation, the estimation of economic values becomes one-sided; it is no longer rooted in the living connection we must have with nature and with cultural life, if nature and spiritual life are to give us satisfaction in body and in soul.
- Does the market provide the best opportunity for a dynamic balance between supply & demand?
- What if those who produce goods & services negotiated the relative values of the goods & services?
Tags
- capital
- capitalism
Comments
What if those who produce goods & services negotiated the relative values of the goods & services?
What if those who produce goods & services negotiated the relative values of the goods & services?

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