Andrew,

At the local level only,  I have no problem.  But for companies form developed 
nations to extract profit rents from economies that operate on a dollar or two 
per day is a perversion.

If the local economy progress beyond a cash flow model to accumulation model, 
going from a single use purchase to an inventory purchase, then we are talking 
a different story.  But until then ....


Jock Gill


Sent from my iPad

On Jun 25, 2012, at 7:19 PM, "Andrew C. Parker" <[email protected]> wrote:

> On Mon, 25 Jun 2012 15:23:41 -0600, <[email protected]> wrote:
> 
>> I find the idea that stoves must only be sold, and that all stoves must 
>> include a profit rent, to be a true perversion.
> 
> 
> Jock,
> 
> That is fine utopian philosophizing, but realistically, is everyone supposed 
> to build their own improved stove?  Specialization exists even at the village 
> level.  Is the village stovemaker supposed to build stoves for free?
> 
> Profit is payment to the risk taker (the entrepreneur, the investor), just as 
> one pays for labor, goods or money.  How is that a perversion?

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