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Conformity with increase in weight of the capital, norm of percent, possibly,Will constantly decrease, if it will appear possible to support invariably More or less a full employment, excepting cases of any extreme Changes in cumulative propensity to consumption (considering and consumption The states).
I am convinced that demand for the capital is limited by narrow frameworks in that sense,
That it would be easy to increase weight of the capital to such volume, at which
Its marginal efficiency would fall to very low level. It not Means that use of capital means would be not necessary almost anything; It means that use of capital means would bring in the income, A little exceeding their cost physical and an obsolescence, plus The small extra charge for risk and compensation for skill and independent
Decision-making. To put it briefly, all income brought by the goods of the long
Uses during all term of their service, as well as the goods Short-term use, just would cover costs on a payment,
Connected with their production, plus the extra charge for risk and compensation for
Skill and supervision.
Further, though such position and is compatible to some individualism, it
Amplifying oppression of the capitalists having possibility to maintain The value of the capital caused by defect. Percent in present conditions At all is not compensation for any really suffered
Victim, as well as the ground rent. The proprietor of the capital can receive
The percent because the capital is rare, as well as the owner of land can
The earth rarity can be stipulated by properties inherent only in the earth, for
Rarities of the capital of such reasons are not present. The special reason of such rarity in sense
Original victim whom it would be possible to compensate the offer Compensations in the form of percent, could not exist during Long time, unless the individual Propensity to consumption would appear so high that pure
Savings in the conditions of a full employment would be reached even before formation
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