Principles of Political Economy: Deduced from the Natural Laws of Social Welfare and Applied to the Present State of Britain |
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Page 141
... CAPITAL . 141 We should therefore define capital as that portion of moveable stock which is employed , or reserved for employment , in production , to which we would add ( in order to exclude ambiguity as far as possible ) —with a view ...
... CAPITAL . 141 We should therefore define capital as that portion of moveable stock which is employed , or reserved for employment , in production , to which we would add ( in order to exclude ambiguity as far as possible ) —with a view ...
Page 142
... CAPITAL . No labourer , we have said , can work at any- thing but with the aid of capital , either produced by himself , or procured from others . But produc- tion could advance only with the utmost slowness , convenient and more ...
... CAPITAL . No labourer , we have said , can work at any- thing but with the aid of capital , either produced by himself , or procured from others . But produc- tion could advance only with the utmost slowness , convenient and more ...
Page 156
... capital invested in them may be turned , perhaps , every twenty or fifty years . If then the terms fixed and circulating capital are to be retained , I would confine the latter to such portions of capital as are renewed or repurchased ...
... capital invested in them may be turned , perhaps , every twenty or fifty years . If then the terms fixed and circulating capital are to be retained , I would confine the latter to such portions of capital as are renewed or repurchased ...
Contents
PRELIMINARY DISCOURSE ON the Coincidence of | 1 |
Primary Natural Rights1 To Personal | 13 |
Duty of a Government the securing | 28 |
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accumulated acquired Adam Smith advantages afford agriculture amount arts benefit capital capitalists circulates circulating capital circumstances claim common condition consequently consumed continually corn CORN-LAWS cost cultivation demand disposal distribution division of labour duce duction ductiveness economists employed employment enabled England enjoyment equal equitable exchange exclusive exertions existence expense favourable fertility greater gross profits human improvement increase individual industry injury interest INVESTMENTS Ireland labour landlord landowners less likewise machinery manufacturing means ment mode monopoly nations natural laws natural right necessary numbers object obtain occupation owner parties perhaps persons Political Economy poor-law population portion possession present principle produce profit proportion proportionately purchase quantity raised raw produce securing serf share skill society soil sovereign subsistence sumers superior supply surplus tenants things tion tithe tivation trade villeins wages waste land wealth