capital accumulation
capital accumulation Within Marxism, this is the central dynamic of capitalist development and refers to the process whereby capital is expanded through the production, appropriation, and realization of surplus value. It cannot be understood apart from capitalist relations of production. In conventional economics, it is also an important component of economic growth, but refers to a country's net investment in fixed assets: that is, equipment, machinery, inventories, buildings, social overhead capital, and overseas assets.
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Capital , Capital
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The idea of capital has long had a strong materialistic bent that is evident in the dominance of material capital in economic thinking… Social Capital , Social capital is a form of capital that exists within relationships among individuals. According to Bourdieu (1986), capital is accumulated labor th… Monopoly Capitalism , Monopoly capital theory states that capitalism undergoes phases of evolution and transformation when some of its dominant institutions change signifi… Capitalism , note:Although the following article has not been revised for this edition of the Encyclopedia, the substantive coverage is currently appropriate. The…
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capital accumulation