I hope we didnt get confused because of my english.
How do you say in english the ability of a person to decide what to do with an object or to decde what others could do with it.
I call this ownership. maybe I use the wrong word.
And yes, profit and debt wear different dresses but are the same person... lol.
2011/12/10 Patrick Anderson
<agnucius@gmail.com>
Apostolis wrote:
> When you take a house with a loan,
> you are the owner of the house.
Are you saying the "payer's lack of ownership"
is the same as "debt"?
I had never thought of it in that way.
So when I say "profit measures the consumer's
lack of ownership in the means of production",
I could instead say "interest measures debt".
So we are in debt to the Capitalists because
we have not organized to co-own the means of
production for our mutual benefit.
That make a lot of sense.
I wonder how this compares to Chris Cook's
take on the subject, which seems very similar
to what I propose but continues to elude me.
His older work is at http://OpenCapital.net
also see http://p2pfoundation.net/Chris_Cook
I would CC him, but can't seem to find his addr.
--
Sincerely yours,
Apostolis Xekoukoulotakis