Capital
idea · 2 works · 2 mentions · 5 anchored passages
capital · accumulated labour · social power
in the texts
The Communist Manifesto
Accumulated labor organized as a social power that exploits living wage-labor; the defining feature of bourgeois society.
Capital is, therefore, not a personal, it is a social power.
In bourgeois society, living labour is but a means to increase accumulated labour.
Property, in its present form, is based on the antagonism of capital and wage-labour.
Law in a Free State
The author's redefined economic category comprising any kind of wealth valued for its use as an element of production, including land and labourers.
Consequently, land and labourers are both capital.
Now, labourers are, economically speaking, machines;
Now I define capital as those kinds of wealth the value of which is due to the demand for them as elements of production.