...throw a great part of the increased income into the control of the class least likely to consume it. The new rich of the nineteenth century were not brought...of fixed wealth and of capital improvements which distinguished that age from all others. Herein lay, in fact, the main justification of the Capitalist...

...the Peace discusses the matter under consideration with a somewhat detached impartiality. He writes : The new rich of the nineteenth century were not brought...of fixed wealth and of capital improvements which distinguished that age from all others. Herein lay, in fact, the chief justification of the Capitalist...

...this book in terms of dollars have been converted from pounds sterling tit the rate of $6 to £.1. the power which investment gave them to the pleasures...of fixed wealth and of capital improvements which distinguished that age from all others. Herein lay, in fact, the main justification of the Capitalist...

...pounds sterling at the rate of $5 to £1. the power_wbiclu investment gave them to the "pleasuresjpf immediate consumption. In fact, it was precisely the inequality of the distribution 6J wealth which made possible those vast accumulations of fixed wealth and of capital improvements...

...is the fact that a more equal distribution of income would gravely menace the thrift of the country. As JM Keynes states, "The new rich of the nineteenth...of fixed wealth and of capital improvements which distinguished that age from all others. . . . The immense accumulations of fixed capital which, to...

...throw a great part of the increased income into the control of the class least likely to consume it. The new rich of the nineteenth century were not brought...of fixed wealth and of capital improvements which distinguished that age from all others. Herein lay, in fact, the main justification of the capitalist...

...throw a great part of the increased income into the control of the class least likely to consume it. The new rich of the nineteenth century were not brought...of fixed wealth and of capital improvements which distinguished that age from all others. Herein lay, in fact, the main justification of the capitalist...

...industry to their own disadvantage later on ? Mr. Keynes expresses with great confidence the view that " it was precisely the inequality of the distribution...of fixed wealth and of capital improvements which distinguished that age " (the nineteenth century) " from all others." " Like bees they saved and accumulated,...

...with every appearance of confidence. Professor Keynes, for instance, affirms that (before the war) "it was precisely the inequality of the distribution...of fixed wealth and of capital improvements which distinguished that age from all others. Herein lay, in fact, the main justification of the Capitalist...

...Commission, quoted JM Keynes on the development of Western capitalist economies in support of his view: In fact, it was precisely the inequality of the distribution...of fixed wealth and of capital improvements which distinguished that age from all others. ... If the rich had spent their new wealth on their own enjoyments...