...unproductive use. If we except bridges and aqueducts (to which may in some countries be added tanks and embankments), there are few instances of any edifice...is used and destroyed, generally very soon after it is produced, but those who consume it are employed meanwhile in producing more. The growth of capital...

...renewed in a comparatively brief period. We have the authority of John Stuart Mill for the statement that "capital is kept in existence from age to age not...is used and destroyed generally very soon after it is produced, but those who consume it meanwhile are employed in producing more."* If we carefully consider...

...only thing that subsists. Everything which is produced perishes, and most things very quickly. . . . Capital is kept in existence from age to age, not by preservation, but by perpetual reproduction.1 Mr. Henry George in his " Progress and Poverty," Chapter IV, has further discussed this...

...unproductive use. If we except bridges and aqueducts (to which may in some countries be added tanks and embankments), there are few instances of any edifice...out against wear and tear, nor is it good economy which he loses is transferred bodily to them, and may be added to their capital : his increased personal...

...the only thing that subsists. Everything which is produced perishes, and most things very quickly. " Capital is kept in existence from age to age, not by preservation, but by perpetual reproduction. " A great deal of very bad sense and a lack of discriminating thought is shown at the present day in...

...the only thing that subsists. Everything which is produced perishes, and most things very quickly. Capital is kept in existence from age to age, not by preservation, but by perpetual reproduction. Here you have " Land " and " Capital " — land the thing that subsists, capital the thing that requires...

...unproductive use. If we except bridges and aqueducts (to which may in some countries be added tanks and embankments), there are few instances of any edifice...permanency. Capital is kept in existence from age to^ age noj; by preservation, but by jperpetual reproduction : every part of it is used and destroyed, generally...

...industrial production will be of long duration. On this point John Stuart Mill, after pointing out that capital is kept in existence from age to age not by preservation but by perpetual reproduction, says : "This perpetual consumption and reproduction of capital affords the explanation of what has...

...applied to industrial purposes which has been of great duration; such buildings do not hold out again- t wear and tear, nor is it good economy to construct...is used and destroyed, generally very soon after it is produced, but those who consume it are employed meanwhile in producing more. so darned much that...

...so long if fresh labor had not been employed within that period in putting them into repair. * * * Capital is kept in existence from age to age not by...is used and destroyed, generally very soon after it is produced, but those who consume it are employed meanwhile in producing more. are maintained only...