Word: rentier
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Dates: during 1930-1939
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...French have a word for it-rentier-but I know of no one English word...
...iron, steel, textiles, shipbuilding. Since the Conservative Party is dominated by industrialists they will be the class favored in opposition to the financial, reatier, and labor groups. Labor can be bought off by a meaningless advisory board which can be proclaimed in glory and stified at leisure, and the rentier class can be taken in by the prospect of no write-off of bad investment. Then the government entrepreneurs can proceed to scotch both of them by the invisible, intangible method of raising prices by restriction of production, allowing inefficient industries through tariffs...
...opposed to equality. Furthermore they offer certain economics resulting from nationalization, abolition of competitive marketing, profitable business, which means active business. These advantages are obvious; the hidden results of lowered productivity, inefficient bureaucratization of industry with no ideological myth as an incentive, exploitation of the proletariat and of the rentier by rising prices are obscured. Given this situation, an intelligently led Conservative Party could engineer a constitutional coup d'etat. Once involved in a tioup of industry and government, parliamentarism would have to be dispensed with, England would be fascist. TERTIUS...
...Educated in England, he still buys his clothes there, is seldom seen without his bowler hat, yellow gloves and tightly rolled umbrella. M. Roy is completely bilingual and looks not unlike Premier André Tardieu. He has more over attained the nirvana of the French bourgeoisie, he is a rentier and need never paint a stroke, could live quite comfortably on his inherited income...