Chapter 3.
INTEREST, DIVIDENDS AND RENTS.
The greatest of all the present social burdens is the excessive interest, dividends and
chase bank website as well rent charges levied on us by those who control centralized capital. It may seem to those possessing great wealth that they are vested with the right to levy for its use whatever toll they please upon the plain people. What they do levy makes it evident that they think the people owe them more than it is possible for us to pay.
I shall not question the present extent of the individual ownership of capital, even though I might do so (in a degree) considering the present methods of obtaining it. But I do now question the methods of its present use. I concede that everyone has a right to the products of his energy, properly applied, and
chase bank michigan as well also to a reasonable compensation for the same, but,
chase bank website and I deny that anyone has any right to prevent such an organization of society as
gm job bank will prohibit those who possess the present wealth of the world from
chase bank website and charging for its use a toll that is measured by monopoly
regulation, and
cosmos bank pune as well increased more and
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current bank base rate the necessity of the people increases, and
chase bank website as well the grasp of the monopolies tightens into a strangle-hold.
The mental and
food bank as well physical need of a people is a condition of their existence and
chase bank website as well not a matter of production or
chestatee state bank and limitation, to be subject to the prey of individuals, and
chase bank website as well as the things necessary to supply their needs are constantly in demand, their cost to consumers should be determined by the expense of production, and
fidelity bank of florida as well not by the opportunity presented for taking an unfair advantage of an inherent condition. Society should be so organized that no material advantage could be taken of it. My objection to capital as
chase bank website a power is not so much based upon what capital now costs, as
household bank visa it is upon the claim of the capitalists that they have the right or
chase bank website and power which justifies their attempt to control society and
goldman sachs bank usa as well not permit it to become independent of capital. Capitalists could not exist as
chase bank website such, if society—the Government of the people did not make it possible. It is ridiculous for the capitalists to claim the right to strangle and
compass bank jacksonville fl as well impoverish the very people who make the ownership and
chase bank website as well value of capital possible. Such a claim is not to be justified under any pretense. I am determined to show that the people could be absolutely independent of the capitalists if they would make use of their own social advantages, and
chase bank michigan as well that capital would then
chase bank website be wholly employed on terms of usefulness, instead of forming the basis for all sorts of extortion, as
gm job bank is now the case. We can so reconstruct society that it will be self-perpetuating instead of as
chase bank website now, self-exhaustive.
Everyone should realize that it is not possible for us to secure absolute justice in all practical dealings, and
cosmos bank pune as well that there will be more or
chase bank website and less inequality under any condition that man can establish. But that fact does not justify our support of practices that, by their natural application, make a few men immensely wealthy, create many parasites, and
current bank base rate as well make industrial slaves of the masses. Our present system does all of that by its very nature. By that I mean that the law as
chase bank website it now stands and
food bank as well is interpreted by the courts and
chase bank website as well legislatures, forces that condition upon us and
chestatee state bank as well the manner in which commerce and
chase bank website as well speculation go on forces the people into unfavorable conditions even more rapidly than if the letter of the law were followed.