...afford him this revenue is called his capital.' Wealth of Nations, Book II., Chapter i. ItiCARDO : — ' Capital is that part of the wealth of a country which is employed in production and consists of food, clothing, tools, raw materials, machinery, etc., necessary to give...

...part of a man's stock, accumulated wealth, "which he expects to afford him a revenue." Ricardo says it is "that part of the wealth of a country which is employed in production." M'Culloch holds that 1 Pecunia (from pecus) and capitale or catallum both denoted cattle...

...depend on capital. " Capital," he says in the chapter on Wages in the Principles of Political Economy, •"is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw material, machinery, etc., necessary to give...

...over from the satisfaction of present wants ' (Kneis). (4) From the social standpoint, wealth used as capital is ' that part of the wealth of a country which is employed in production ' (Ricardo). The fourth of these meanings is used by the great majority of economists...

...production.' "David Ricardo, in his Principles of Political Economy, Chapter V, defines capital thus: 'Capital is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw materials, machinery, etc., necessary to...

...of capital this: " Wealth employed in or available for production." Kicardo defines capital thus: " Capital is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw materials, machinery, etc., necessary to...

...the distinctive marks of capital as it is known to the business world. " Capital," says Ricardo, " is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw material, machinery, etc., necessary to give...

...be directly employed either to support human existence or to facilitate production. "—McCulloch. "Capital is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw materials, machinery, etc., necessary to...

...parts. That part, which, he expects, is to afford him this revenue is called capital." (ADAM SMITH.) (2) "Capital is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw material, machinery, etc., necessary to give...

...economic relation itself) possible with a capital of 1,000 and 50 workers. See the following passage: 'Capital is that part of the wealth of a country which...and may be increased in the same manner as wealth.'' 61 (Wealth for him the abundance of use values; and, seen from the standpoint of simple exchange, the...