Abstinence theory is a theory about the source of profit (interest). It uses "abstinence" to explain the production of capital and to demonstrate the rationality of profit. It was first seen in the comments of Hobbes in England, scrip in France and Garnier in France. Neil of England is the most famous. He believes that there are three elements of production, in addition to nature and labor, but also the need for capital. The result of the capitalist's controlling desire is the acquisition of capital. They spend their capital on production that will bring more consumer goods in the future, rather than on immediate consumption. Just as labor is the sacrifice of one's own comfort, "abstinence" is the sacrifice of the capitalist to the present enjoyment. Because natural elements are available everywhere, they are not the cause of value. In this way, labor and abstinence create value together, that is, the common sacrifice of workers and capitalists, so they have to pay the corresponding remuneration. The reward paid for the sacrifice of common people's comfort is salary, and the reward paid for the capitalist's abstinence is profit, so the profit is definitely not improper income. Later, western economists generally accepted the theory of celibacy. But they have different interpretations of the concept of abstinence. Later, Marshall used the word "waiting" instead of "abstinence", and thought that interest as the reward of saving behavior was the result of waiting. So far, the above viewpoints of sinier and Marshall are still an important part of profit theory in western economics.<br>
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