Ahmed wrote:Christophe, you ask: "How is this an exception?"
In economics, nature is free because it is supposed to be infinite (sic!), But when a corner of nature is appropriated by someone and this said corner conceals a resource for others, either they zigzag this person, or they pay an annuity (this is especially the case when there are a lot of people or within a state of law). The "kings of oil", does that mean nothing to you?
The contributions of nature are free all in all there is no coach or but, no exception is possible... when you take something there, an apple for example and you are going to sell it (it is the "fruit" of your labor, no pun intended) you do not deposit a single cent at the foot of the apple tree * !! There is therefore no possible exception ...
If you need tools (which you paid for) to collect nature, it is the men who manufactured and supplied these tools which you pay, not nature ...
Your reasoning explains well what an annuity is (that is to say, money that rents ... er that comes in) but not what money is, and in no way it is an exception to the definition money I gave ...
When I said it was human time it was both ways ... when it comes in and when it comes out.
The money of this annuity will be well spent in "human time" ... sooner or later ... if you leave it in the bank it is the banker who will do it for you ... but it is precisely this notion of human time which becomes blurred (very) from a certain "height" of finance ...
* this exists in certain cultures (and especially existed) in the form of offerings to nature or to the gods but we are in the religious and spiritual not in the economy ... and above all it is punctual: it is not not systematic! The may be the exception ... which proves the rule ...