United States or Montserrat ? Vote for the TOP Country of the Week !
It is true that, in the communities in which industry and commerce are practised with greatest success, the contrivances of banking enable the possessor of a larger capital than he can employ in his own business, to employ it productively and derive a revenue from it notwithstanding.
For even the most lofty aristocrat would have exempted agriculture from the ban of labour; and, if the man of free birth could still have toiled productively on his holding, his contempt for the rabble which supplied the wants of his richer fellow-citizens in the towns would have been justified on material, if not on moral, grounds.
And as his eyes, in sheer terror of leaving her to reflect any more astutely and productively on this, held hers, and hers answered back, suddenly he saw a new knowledge dawn in their clear depths. She had somehow read him, underneath his evasions. She knew.
Such apparently is the love that Limited Company bears to its fellowmen even as the love of the father and mother penguin for their hungry fledglings. Of course the capital of a country must be productively employed. I have nothing to say against the company. But being myself animated by feelings of affection towards my fellow-men, I am saddened by the modern system of advertising.
It will be seen at once that the procedure of Scientific Management in determining by scientific analysis the rate of speed and the working conditions under which machine power and human energy can be at once most productively and continuously employed, is really new, and differs radically from former business management, however ably systematized. "But these," said Mr.
The proper view of capital is, that anything whatever, which a person possesses, constitutes his capital, provided he is able, and intends, to employ it, not in consumption for the purpose of enjoyment, but in possessing himself of the means of production, with the intention of employing those means productively. Now the means of production are labour, implements, and materials.
Heavy as the burden of taxation undoubtedly is, it might perhaps be borne without very serious inconvenience if the peasant families could utilise productively all their time and strength. Unfortunately in the existing economic organisation a great deal of their time and energy is necessarily wasted.
If we compare the mental characteristics of the three great nations which, in the period between Descartes and Kant, participated most productively in the work of philosophy, the Italians, with their receptive temperament and so active in many fields, exerted a decisive influence on its development and progress in the transition period alone, it will be seen that the Frenchman tends chiefly to acuteness, the Englishman to clearness and simplicity, the German to profundity of thought.
As much as is necessary to keep the productive labourer in perfect health and fitness for his employment, may be said to be consumed productively. To this should be added what he expends in rearing children to the age at which they become capable of productive industry.
And, by the process of natural selection, those animals which used digestion as an end for its productive value became food for, and gave place to, those using it as a means of supporting muscle and nerve of greater prospective value. And similarly, those animals which used muscle, or even mind, productively gave place to others using these prospectively.
Word Of The Day