Elementos fundamentales para la critica de la Economia Politica
Elementos fundamentales para la critica de la Economia Politica Por high price of corn(141) no se entiende el price per quarter o bushel, sino el excess of price for which the whole produce will sell, aboye the cost of its production(142)… 150 qrs a 3 libras 10 [[chelines]] per qr proporcionan a larger rent(143) que 100 qrs a 4 libras, suponiendo que el costo of //799// production se mantenga incambiado (p. 487). Rent is not in proportion to the absolute fertility of the land in cultivation, but in proportion to its relative fertility(144) (p. 490). La increased fertility(145) de una tierra no hace más que ponerla en condiciones de pagar an augmented rent(146) en lo futuro… En una tierra extraordinariamente fértil, la renta real puede ser más [43] baja que en una que sólo moderate return yield(147)… La renta está en proporción al valor, no al excedente de un producto (p. 491). Whatever the nature of the land may be, high rent must depend on the high price of the produce; but given the high price, rent must be high in proportion to abundance and not to scarcity(148) (p. 492). Malthus se figura «that it is food that creates its own demand(149)», que providing de food(150) es un estÃmulo para el matrimonio, en vez de considerar que el general progress of population is affected by the increase of capital, the consequent demand for labour and the rise of wages y' que la production of food is but the effect of that demand(151) (p. 493). Malthus opina: «Si los necessaries of life(152), los más importantes products of land(153), no tuvieran la propiedad of creating an increase of demand proportioned to their increased quantity(154), esa cantidad aumentada darÃa como resultado una baja en su valor de cambio.» Ricardo observa a este respecto, con razón: Of what increased quantity does Mr. Malthus speak? Who is to procude it? Who can have any motive to produce it, before any demand exists for an additional quantity(155)? (p. 495). Improvements in agriculture, and in the division of labour, are common to all land; they increase the absolute quantity of raw produce obtained from each, but probably do not much disturb the relative proportions which before existed between them(156) (p. 501,502). It is not the price at which corn can be produced, that has any influence on the quantity produce, but the price at which it can be sold(157). Es en proporción al degree(158) de la diferencia de su precio, por encima o por debajo del costo de producción, que el capital es atraÃdo a la tierra o repelido de ella. Si este excess es tal que el capital empleado en ella da un beneficio mayor que el corriente, se le empleará en la tierra, y a la inversa (p. 505). That the stockholder is benefited by a great fall in the value of corn, cannot be doubled(159) (p. 516). [44]