Herr Duehring defines ground-rent as "that income which the landowner as such derives from ground and land." The economic idea of ground-rent, which Herr Duehring undertakes to explain to us, is transformed right away into the juristic concept so that we are no further than at first. He compares the leasing of a piece of land with the loan of capital to an entrepreneur but finds, as is so often the case, that the comparison will not hold. Then he says "to pursue the analogy the profit which remains to the lessee after the payment of ground-rent, answers to that portion of the profit on capital which remains to the entrepreneur who operates with borrowed capital after the interest on the borrowed capital has been paid."
(To these arguments Engels replies:)
The theory of ground-rent is a special English economic matter, and this of necessity because only in England does a mode of production exist by which rent is separated from profit and interest. In England there prevail the greater landlordism and the greater agriculture. The individual landlords lease their lands in great farms to lessees who are able to cultivate them in a capitalistic fashion and do not, like our peasants, work with their own hands, but employ laborers just like capitalistic entrepeneurs. We have here then the three classes of bourgeois society, and the income which each receives—the private landlord in the form of ground-rent, the capitalist in that of profit and the laborer in the form of wages. No English economist has ever regarded the profit of the lessee as Herr Duehring does and still less would he have to explain that the profit of the lessee is what it indubitably is, profit on capital. In England there is no use to discuss this question for the question as well as its answer are obvious from, the facts
