One is not the Other

“A thousand volumes a year ooze from dead minds all rendered dull, tangled, useless by the failure to make a few rudimentary dissociations, to distinguish, that is, between capital and property, between gold as deposit, and gold as measure, between demand meaning wish for, and demand meaning power to get it.

“Property is not capital.  The increment of association is not usury.

“Historians have been too lazy to seek the facts, and too bull-witted to understand them.”

-AN IMPACT, 1935

Advertisements

Leave a comment

Filed under Pound

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s