Of course, the people who contribute to WikaPedia are anonymous, but most
probably, many of them are hostile to anything that is related to Marxism. So
if one really wants a deep understanding of what that phrase means, there are
better sources. There are a number of economists who are describing what is
happening in our present economic system on podcasts and in articles in the
alternative media. All it means is that there are people making piles of money
who contribute nothing at all to society. They produce nothing. They play games
with money so that they can get more of it. They pay people to figure out ways
of extracting money from the population and from government, and they’re
ruthless.
Miriam
From: blind-democracy-bounce@xxxxxxxxxxxxx
<blind-democracy-bounce@xxxxxxxxxxxxx> On Behalf Of Richard Driscoll
Sent: Monday, August 06, 2018 7:52 PM
To: blind-democracy@xxxxxxxxxxxxx
Subject: [blind-democracy] Rentier Capitolism - Definitiion
All:
The following information was obtained by me from a Bing inquiry.
Rentier capitalism
From Wikipedia, the free encyclopedia
Jump to navigation <https://en.wikipedia.org/wiki/Rentier_capitalism#mw-head>
Jump to search <https://en.wikipedia.org/wiki/Rentier_capitalism#p-search>
Part of a series <https://en.wikipedia.org/wiki/Category:Marxism> on
Marxism <https://en.wikipedia.org/wiki/Marxism>
<https://en.wikipedia.org/wiki/File:Marx_and_Engels.jpg>
Theoretical works <https://en.wikipedia.org/wiki/Marxist_bibliography> [show]
<https://en.wikipedia.org/wiki/Rentier_capitalism>
Philosophy <https://en.wikipedia.org/wiki/Marxist_philosophy> [show]
<https://en.wikipedia.org/wiki/Rentier_capitalism>
Economics <https://en.wikipedia.org/wiki/Marxian_economics> [show]
<https://en.wikipedia.org/wiki/Rentier_capitalism>
Sociology <https://en.wikipedia.org/wiki/Marxist_sociology> [show]
<https://en.wikipedia.org/wiki/Rentier_capitalism>
History <https://en.wikipedia.org/wiki/Marx%27s_theory_of_history> [show]
<https://en.wikipedia.org/wiki/Rentier_capitalism>
Aspects[show] <https://en.wikipedia.org/wiki/Rentier_capitalism>
Variants <https://en.wikipedia.org/wiki/Marxist_schools_of_thought> [show]
<https://en.wikipedia.org/wiki/Rentier_capitalism>
People <https://en.wikipedia.org/wiki/Category:Marxists> [show]
<https://en.wikipedia.org/wiki/Rentier_capitalism>
* <https://en.wikipedia.org/wiki/File:Red_flag_II.svg> Socialism portal
<https://en.wikipedia.org/wiki/Portal:Socialism>
* <https://en.wikipedia.org/wiki/File:Symbol-hammer-and-sickle.svg>
Communism portal <https://en.wikipedia.org/wiki/Portal:Communism>
* <https://en.wikipedia.org/wiki/File:Socrates.png> Philosophy portal
<https://en.wikipedia.org/wiki/Portal:Philosophy>
* v <https://en.wikipedia.org/wiki/Template:Marxism>
* t <https://en.wikipedia.org/wiki/Template_talk:Marxism>
* e
<https://en.wikipedia.org/w/index.php?title=Template:Marxism&action=edit>
Rentier capitalism is a Marxist term currently used to describe the belief in
economic practices of monopolization of access to any (physical, financial,
intellectual, etc.) kind of property, and gaining significant amounts of profit
without contribution to society.[1]
<https://en.wikipedia.org/wiki/Rentier_capitalism#cite_note-1> [2]
<https://en.wikipedia.org/wiki/Rentier_capitalism#cite_note-2> [3]
<https://en.wikipedia.org/wiki/Rentier_capitalism#cite_note-3> The origins of
the term are unclear; it is often said[by whom?
<https://en.wikipedia.org/wiki/Wikipedia:Manual_of_Style/Words_to_watch#Unsupported_attributions>
] to be used in Marxism <https://en.wikipedia.org/wiki/Marxism> , yet the very
combination of words rentier <https://en.wiktionary.org/wiki/rentier> and
capitalism <https://en.wikipedia.org/wiki/Capitalism> was never used by Karl
Marx <https://en.wikipedia.org/wiki/Karl_Marx> himself.
[ ]
Contents
* <https://en.wikipedia.org/wiki/Rentier_capitalism#Usage_by_Marxists> 1
Usage by Marxists
* <https://en.wikipedia.org/wiki/Rentier_capitalism#Current_usage> 2
Current usage
* <https://en.wikipedia.org/wiki/Rentier_capitalism#See_also> 3 See also
* <https://en.wikipedia.org/wiki/Rentier_capitalism#References> 4
References
* <https://en.wikipedia.org/wiki/Rentier_capitalism#Bibliography> 5
Bibliography
Usage by Marxists
In his early works, Karl Marx <https://en.wikipedia.org/wiki/Karl_Marx>
juxtaposed the terms "rentier" and "capitalist" to show that a rentier tends to
exhaust his profits, whereas a capitalist must perforce re-invest most of the
surplus value in order to survive competition. He wrote, "Therefore, the means
of the extravagant rentier diminish daily in inverse proportion to the growing
possibilities and temptations of pleasure. He must, therefore, either consume
his capital himself, and in so doing bring about his own ruin, or become an
industrial capitalist...."[4]
<https://en.wikipedia.org/wiki/Rentier_capitalism#cite_note-4> However, Marx
believed that capitalism was inherently built upon practices of usury
<https://en.wikipedia.org/wiki/Usury> and thus inevitably leading to the
separation of society into two classes: one composed of those who produce value
and the other, which feeds upon the first one. In "Theories of Surplus Value"
(written 1862-1863), he states "...that interest (in contrast to industrial
profit) and rent (that is the form of landed property created by capitalist
production itself) are superfetations (i.e., excessive accumulations) which are
not essential to capitalist production and of which it can rid itself. If this
bourgeois ideal were actually realisable, the only result would be that the
whole of the surplus-value would go to the industrial capitalist directly, and
society would be reduced (economically) to the simple contradiction between
capital and wage-labour, a simplification which would indeed accelerate the
dissolution of this mode of production."[5]
<https://en.wikipedia.org/wiki/Rentier_capitalism#cite_note-5>
Hence the extraordinary growth of a class, or rather, of a stratum of rentiers,
i.e., people who live by 'clipping coupons' [in the sense of collecting
interest payments on bonds], who take no part in any enterprise whatever, whose
profession is idleness. The export of capital, one of the most essential
economic bases of imperialism, still more completely isolates the rentiers from
production and sets the seal of parasitism on the whole country that lives by
exploiting the labour of several overseas countries and colonies.[6]
<https://en.wikipedia.org/wiki/Rentier_capitalism#cite_note-6>
It therefore becomes clear that the term "rentier capitalism" could not be
coined by Marxists simply because of redundancy of the words composing it.
Marxist thought perceives capitalism as inherently "rentier", or usury-based,
which would lead eventually to its demise precisely because of this inner
deficiency in its organization.
Current usage
Current usage of the term 'rentier capitalism' describes the gaining of
'rentier' income from ownership or control of assets rather than from capital
or labour used for production in a 'free' competitive market. Rentier
capitalism has become predominant in capitalistic economies since the 1980s.[7]
<https://en.wikipedia.org/wiki/Rentier_capitalism#cite_note-7> The term
rentier state <https://en.wikipedia.org/wiki/Rentier_state> is mainly used not
in its original meaning, as an imperialistic state thriving on labor of other
countries and colonies, but as a state which derives all or a substantial
portion of its national revenues from the rent of indigenous resources to
external clients.
See also
* Rentier state <https://en.wikipedia.org/wiki/Rentier_state>
* Rent-seeking <https://en.wikipedia.org/wiki/Rent-seeking>
* Crony capitalism <https://en.wikipedia.org/wiki/Crony_capitalism>
References
1.
* Peter Frase (7 July 2011).
<http://www.peterfrase.com/2011/07/slouching-towards-rentier-capitalism/>
"Slouching towards rentier capitalism".
7. Standing, Guy. "The Corruption of Capitalism: Why Rentiers Thrive and
Work Does Not Pay, London: Biteback (2016) Template:Cite weblink
<https://en.wikipedia.org/w/index.php?title=Template:Cite_weblink&action=edit&redlink=1>
Bibliography
* Robert Pollin, "Resurrection of the Rentier", in New Left Review 46,
July–August 2007, pp. 140–153.
* Michael Hudson
<https://en.wikipedia.org/wiki/Michael_Hudson_%28economist%29> , "Financial
Capitalism v. Industrial Capitalism". Contribution to The Other Canon
Conference on Production Capitalism vs. Financial Capitalism, Oslo, September
3–4, 1998.[3]
<http://michael-hudson.com/1998/09/financial-capitalism-v-industrial-capitalism/>
* Karl Marx <https://en.wikipedia.org/wiki/Karl_Marx> , "The Economic and
Philosophical Manuscripts", Institute of Marxism–Leninism in the Union of
Soviet Socialist Republics, 1932. [4]
<http://www.marxists.org/archive/marx/works/1844/epm/>
* Karl Marx <https://en.wikipedia.org/wiki/Karl_Marx> , "Theories of
Surplus-Value", Progress Publishers, 1863. [5]
<http://www.marxists.org/archive/marx/works/1863/theories-surplus-value/>
* Vladimir Lenin <https://en.wikipedia.org/wiki/Vladimir_Lenin> ,
"Imperialism, the Highest Stage of Capitalism", Lenin’s Selected Works,
Progress Publishers, 1963, Moscow, Volume 1, pp. 667–766. [6]
<http://www.marxists.org/archive/lenin/works/1916/imp-hsc/> '
* Ahmed Henni, Le capitalisme de rente: De la société du travail
industriel à la société des rentiers. Paris: Harmattan, 2012.
Categories <https://en.wikipedia.org/wiki/Help:Category> :
* Capitalism <https://en.wikipedia.org/wiki/Category:Capitalism>
* Marxist terminology
<https://en.wikipedia.org/wiki/Category:Marxist_terminology>
Navigation menu
* Not logged in
* Talk <https://en.wikipedia.org/wiki/Special:MyTalk>
* Contributions <https://en.wikipedia.org/wiki/Special:MyContributions>
* Create account
<https://en.wikipedia.org/w/index.php?title=Special:CreateAccount&returnto=Rentier+capitalism>
* Log in
<https://en.wikipedia.org/w/index.php?title=Special:UserLogin&returnto=Rentier+capitalism>
* Article <https://en.wikipedia.org/wiki/Rentier_capitalism>
* Talk <https://en.wikipedia.org/wiki/Talk:Rentier_capitalism>
* Read <https://en.wikipedia.org/wiki/Rentier_capitalism>
* Edit
<https://en.wikipedia.org/w/index.php?title=Rentier_capitalism&action=edit>
* View history
<https://en.wikipedia.org/w/index.php?title=Rentier_capitalism&action=history>
Search
* Main page <https://en.wikipedia.org/wiki/Main_Page>
* Contents <https://en.wikipedia.org/wiki/Portal:Contents>
* Featured content
<https://en.wikipedia.org/wiki/Portal:Featured_content>
* Current events <https://en.wikipedia.org/wiki/Portal:Current_events>
* Random article <https://en.wikipedia.org/wiki/Special:Random>
* Donate to Wikipedia
<https://donate.wikimedia.org/wiki/Special:FundraiserRedirector?utm_source=donate&utm_medium=sidebar&utm_campaign=C13_en.wikipedia.org&uselang=en>
* Wikipedia store <https://shop.wikimedia.org>
Interaction
* Help <https://en.wikipedia.org/wiki/Help:Contents>
* About Wikipedia <https://en.wikipedia.org/wiki/Wikipedia:About>
* Community portal
<https://en.wikipedia.org/wiki/Wikipedia:Community_portal>
* Recent changes <https://en.wikipedia.org/wiki/Special:RecentChanges>
* Contact page <https://en.wikipedia.org/wiki/Wikipedia:Contact_us>
Tools
* What links here
<https://en.wikipedia.org/wiki/Special:WhatLinksHere/Rentier_capitalism>
* Related changes
<https://en.wikipedia.org/wiki/Special:RecentChangesLinked/Rentier_capitalism>
* Upload file
<https://en.wikipedia.org/wiki/Wikipedia:File_Upload_Wizard>
* Special pages <https://en.wikipedia.org/wiki/Special:SpecialPages>
* Permanent link
<https://en.wikipedia.org/w/index.php?title=Rentier_capitalism&oldid=833566247>
* Page information
<https://en.wikipedia.org/w/index.php?title=Rentier_capitalism&action=info>
* Wikidata item
<https://www.wikidata.org/wiki/Special:EntityPage/Q3932991>
* Cite this page
<https://en.wikipedia.org/w/index.php?title=Special:CiteThisPage&page=Rentier_capitalism&id=833566247>
Print/export
* Create a book
<https://en.wikipedia.org/w/index.php?title=Special:Book&bookcmd=book_creator&referer=Rentier+capitalism>
* Download as PDF
<https://en.wikipedia.org/w/index.php?title=Special:ElectronPdf&page=Rentier+capitalism&action=show-download-screen>
* Printable version
<https://en.wikipedia.org/w/index.php?title=Rentier_capitalism&printable=yes>
Languages
* <https://es.wikipedia.org/wiki/Capitalismo_rentista> Español
* <https://it.wikipedia.org/wiki/Rentier_capitalism> Italiano
*
<https://ur.wikipedia.org/wiki/%D8%B3%D9%88%D8%AF_%D8%AE%D9%88%D8%B1_%DA%A9%DB%8C%D9%BE%DB%8C%D9%B9%D9%84%D8%B2%D9%85>
اردو
Edit links
<https://www.wikidata.org/wiki/Special:EntityPage/Q3932991#sitelinks-wikipedia>
* This page was last edited on 1 April 2018, at 10:55 (UTC).
* Text is available under the Creative Commons Attribution-ShareAlike
License
<https://en.wikipedia.org/wiki/Wikipedia:Text_of_Creative_Commons_Attribution-ShareAlike_3.0_Unported_License>
; additional terms may apply. By using this site, you agree to the Terms of
Use <https://wikimediafoundation.org/wiki/Terms_of_Use> and Privacy Policy
<https://wikimediafoundation.org/wiki/Privacy_policy> . Wikipedia® is a
registered trademark of the Wikimedia Foundation, Inc.
<https://www.wikimediafoundation.org/> , a non-profit organization.
*
* Monbiot, George (29 August 2011).
<https://www.theguardian.com/commentisfree/2011/aug/29/academic-publishers-murdoch-socialist>
"Academic publishers make Murdoch look like a socialist" – via
www.theguardian.com <http://www.theguardian.com> .
*
* Dariush M. Doust (January–February 2010).
<https://www.radicalphilosophy.com/wp-content/files_mf/rp159_commentary2_rentiercapitalismiranianpuzzle_doust.pdf>
"Rentier capitalism and the Iranian puzzle" (PDF). Radical Philosophy (159):
45–49.
*
* Karl Marx, "The Economic and Philosophical Manuscripts", Institute of
Marxism-Leninism in the Union of Soviet Socialist Republics, 1932. [1]
<http://www.marxists.org/archive/marx/works/1844/epm/>
*
* Karl Marx,
<http://www.marxists.org/archive/marx/works/1863/theories-surplus-value/>
"Theories of Surplus-Value", Progress Publishers, 1863
*
* Vladimir Ilyich Lenin, "Imperialism, the Highest Stage of Capitalism",
Lenin’s Selected Works, Progress Publishers, 1963, Moscow, Volume 1, pp.
667–766. [2] <http://www.marxists.org/archive/lenin/works/1916/imp-hsc/>
*
<https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=emailclient&utm_term=icon>
Virus-free.
<https://www.avast.com/sig-email?utm_medium=email&utm_source=link&utm_campaign=sig-email&utm_content=emailclient&utm_term=link>
www.avast.com
Attachment:
~WRD074.jpg
Description: Binary data
Attachment:
image001.jpg
Description: Binary data
Attachment:
image002.png
Description: Binary data
Attachment:
image003.png
Description: Binary data
Attachment:
image004.png
Description: Binary data
Attachment:
image005.jpg
Description: Binary data
