tag:blogger.com,1999:blog-7608702.post3722978527554402944..comments2023-10-25T08:46:20.242-05:00Comments on The Distributist Review: Capitalist InkJohn Médaillehttp://www.blogger.com/profile/16463267750952578888noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7608702.post-13587287876518561102008-05-16T10:30:00.000-05:002008-05-16T10:30:00.000-05:00Jesse, you are absolutely correct that the $10 eco...Jesse, you are absolutely correct that the $10 economic rent does find its way back into the economy, because all money, unless stuffed in a mattress, finds its way back. Even the money that the bank-robber takes from the bank finds its way back to the bank as the bank-robber spends it and the shop-keepers deposit the proceeds. Nevertheless, I would not recommend bank-robbery under the title of economic development.<BR/><BR/>Profits, taxes,wages, etc. all go into the economy. The question is more about who has the right to spend such funds. The economic rent from the capitalist ink takes profits from the pockets of one business and puts it into the pockets of another, without adding any value.John Médaillehttps://www.blogger.com/profile/16463267750952578888noreply@blogger.comtag:blogger.com,1999:blog-7608702.post-90836289842767145522008-05-10T05:27:00.000-05:002008-05-10T05:27:00.000-05:00John good stuff.You write: "The extra $10 is an ec...John good stuff.<BR/><BR/>You write: "The extra $10 is an economic rent, a cost to the economy that adds nothing to the economy except an excess profit."<BR/><BR/>Would some make the argument that excess profit, at least a certain percentage, goes back into the economy in some way (buying more expensive cars, more frequently patronizing restaurants, etc.)?<BR/><BR/>Thanks,<BR/><BR/>JesseJessehttps://www.blogger.com/profile/04718530044133779893noreply@blogger.com