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Capital (economics)

Index Capital (economics)

In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. [1]

Table of Contents

  1. 110 relations: Adam Smith, Aptitude, Austrian school of economics, Cambridge capital controversy, Capital (economics), Capital (Marxism), Capital accumulation, Capital asset, Capital deepening, Capital intensity, Capitalism, Capitalist mode of production (Marxist theory), Circulating capital, Classical economics, Constant capital, Copyright, Critique of political economy, Das Kapital, Data center, David Ricardo, Depreciation, DIRTI 5, Double-entry bookkeeping, Durable good, Ecological economics, Economic model, Economics, Economics (textbook), Ecosystem service, Entrepreneurship, Eugen von Böhm-Bawerk, Factors of production, Factory, Fictitious capital, Final good, Financial capital, Fixed capital, Goods, Goodwill (accounting), Green economy, Henry George, Human capital, Human development (economics), Individual capital, Infrastructure, Intangibles, Intellectual capital, Intellectual property, Intermediate good, Investment, ... Expand index (60 more) »

Adam Smith

Adam Smith (baptised 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Capital (economics) and Adam Smith are capitalism.

See Capital (economics) and Adam Smith

Aptitude

An aptitude is a component of a competence to do a certain kind of work at a certain level.

See Capital (economics) and Aptitude

Austrian school of economics

The Austrian school is a heterodox school of economic thought that advocates strict adherence to methodological individualism, the concept that social phenomena result primarily from the motivations and actions of individuals along with their self interest.

See Capital (economics) and Austrian school of economics

Cambridge capital controversy

The Cambridge capital controversy, sometimes called "the capital controversy"Brems (1975) pp.

See Capital (economics) and Cambridge capital controversy

Capital (economics)

In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. Capital (economics) and capital (economics) are capitalism.

See Capital (economics) and Capital (economics)

Capital (Marxism)

Capital is a central concept in Marxian critique of political economy, and in Marxian thought more generally.

See Capital (economics) and Capital (Marxism)

Capital accumulation

Capital accumulation is the dynamic that motivates the pursuit of profit, involving the investment of money or any financial asset with the goal of increasing the initial monetary value of said asset as a financial return whether in the form of profit, rent, interest, royalties or capital gains. Capital (economics) and capital accumulation are capitalism.

See Capital (economics) and Capital accumulation

Capital asset

A capital asset is defined as property of any kind held by an assessee.

See Capital (economics) and Capital asset

Capital deepening

Capital deepening is a situation where the capital per worker is increasing in the economy.

See Capital (economics) and Capital deepening

Capital intensity

Capital intensity is the amount of fixed or real capital present in relation to other factors of production, especially labor.

See Capital (economics) and Capital intensity

Capitalism

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.

See Capital (economics) and Capitalism

Capitalist mode of production (Marxist theory)

In Karl Marx's critique of political economy and subsequent Marxian analyses, the capitalist mode of production (German: Produktionsweise) refers to the systems of organizing production and distribution within capitalist societies. Capital (economics) and capitalist mode of production (Marxist theory) are capitalism.

See Capital (economics) and Capitalist mode of production (Marxist theory)

Circulating capital

Circulating capital includes intermediate goods and operating expenses, i.e., short-lived items that are used in production and used up in the process of creating other goods or services.

See Capital (economics) and Circulating capital

Classical economics

Classical economics, classical political economy, or Smithian economics is a school of thought in political economy that flourished, primarily in Britain, in the late 18th and early-to-mid-19th century.

See Capital (economics) and Classical economics

Constant capital

Constant capital (c), is a concept created by Karl Marx and used in Marxian political economy.

See Capital (economics) and Constant capital

A copyright is a type of intellectual property that gives its owner the exclusive legal right to copy, distribute, adapt, display, and perform a creative work, usually for a limited time.

See Capital (economics) and Copyright

Critique of political economy

Critique of political economy or simply the first critique of economy is a form of social critique that rejects the conventional ways of distributing resources.

See Capital (economics) and Critique of political economy

Das Kapital

Capital: A Critique of Political Economy (Das Kapital.), also known as Capital and Das Kapital, is a foundational theoretical text in materialist philosophy and critique of political economy written by Karl Marx, published as three volumes in 1867, 1885, and 1894.

See Capital (economics) and Das Kapital

Data center

A data center (American English) or data centre (Commonwealth English)See spelling differences.

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David Ricardo

David Ricardo (18 April 1772 – 11 September 1823) was a British political economist, politician, and member of the Parliament of Great Britain and Ireland.

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Depreciation

In accountancy, depreciation is a term that refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used (depreciation with the matching principle).

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DIRTI 5

In accounting and economics, the DIRTI 5 is an acronym for "depreciation, interest, repairs, taxes, and insurance".

See Capital (economics) and DIRTI 5

Double-entry bookkeeping

Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information.

See Capital (economics) and Double-entry bookkeeping

Durable good

In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use.

See Capital (economics) and Durable good

Ecological economics

Ecological economics, bioeconomics, ecolonomy, eco-economics, or ecol-econ is both a transdisciplinary and an interdisciplinary field of academic research addressing the interdependence and coevolution of human economies and natural ecosystems, both intertemporally and spatially.

See Capital (economics) and Ecological economics

Economic model

An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them.

See Capital (economics) and Economic model

Economics

Economics is a social science that studies the production, distribution, and consumption of goods and services.

See Capital (economics) and Economics

Economics (textbook)

Economics is an introductory textbook by American economists Paul Samuelson and William Nordhaus.

See Capital (economics) and Economics (textbook)

Ecosystem service

Ecosystem services are the various benefits that humans derive from healthy ecosystems.

See Capital (economics) and Ecosystem service

Entrepreneurship

Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones.

See Capital (economics) and Entrepreneurship

Eugen von Böhm-Bawerk

Eugen Ritter von Böhm-Bawerk (born Eugen Böhm, 12 February 1851 – 27 August 1914) was an economist from Austria-Hungary who made important contributions to the development of macroeconomics and to the Austrian School of Economics.

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Factors of production

In economics, factors of production, resources, or inputs are what is used in the production process to produce output—that is, goods and services.

See Capital (economics) and Factors of production

Factory

A factory, manufacturing plant or production plant is an industrial facility, often a complex consisting of several buildings filled with machinery, where workers manufacture items or operate machines which process each item into another.

See Capital (economics) and Factory

Fictitious capital

Fictitious capital (German: fiktives Kapital) is a concept used by Karl Marx in his critique of political economy.

See Capital (economics) and Fictitious capital

Final good

A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike an intermediate good, which is used to produce other goods.

See Capital (economics) and Final good

Financial capital

Financial capital (also simply known as capital or equity in finance, accounting and economics) is any economic resource measured in terms of money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based (e.g.

See Capital (economics) and Financial capital

Fixed capital

In accounting, fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product.

See Capital (economics) and Fixed capital

Goods

In economics, goods are items that satisfy human wantsQuotation from Murray Milgate, 2008, "Goods and Commodities".

See Capital (economics) and Goods

Goodwill (accounting)

In accounting, goodwill is an intangible asset recognized when a firm is purchased as a going concern.

See Capital (economics) and Goodwill (accounting)

Green economy

A green economy is an economy that aims at reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment.

See Capital (economics) and Green economy

Henry George

Henry George (September 2, 1839 – October 29, 1897) was an American political economist and journalist.

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Human capital

Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process.

See Capital (economics) and Human capital

Human development (economics)

Human development involves studies of the human condition with its core being the capability approach.

See Capital (economics) and Human development (economics)

Individual capital

Individual capital, the economic view of talent, comprises inalienable or personal traits of persons, tied to their bodies and available only through their own free will, such as skill, creativity, enterprise, courage, capacity for moral example, non-communicable wisdom, invention or empathy, non-transferable personal trust and leadership.

See Capital (economics) and Individual capital

Infrastructure

Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function.

See Capital (economics) and Infrastructure

Intangibles

Intangibles or intangible may refer to.

See Capital (economics) and Intangibles

Intellectual capital

Intellectual capital is the result of mental processes that form a set of intangible objects that can be used in economic activity and bring income to its owner (organization), covering the competencies of its people (human capital), the value relating to its relationships (relational capital), and everything that is left when the employees go home (structural capital), of which intellectual property (IP) is but one component.

See Capital (economics) and Intellectual capital

Intellectual property

Intellectual property (IP) is a category of property that includes intangible creations of the human intellect.

See Capital (economics) and Intellectual property

Intermediate good

Intermediate goods, producer goods or semi-finished products are goods, such as partly finished goods, used as inputs in the production of other goods including final goods.

See Capital (economics) and Intermediate good

Investment

Investment is traditionally defined as the "commitment of resources to achieve later benefits".

See Capital (economics) and Investment

Investment (macroeconomics)

In macroeconomics, investment "consists of the additions to the nation's capital stock of buildings, equipment, software, and inventories during a year" or, alternatively, investment spending — "spending on productive physical capital such as machinery and construction of buildings, and on changes to inventories — as part of total spending" on goods and services per year.

See Capital (economics) and Investment (macroeconomics)

Joan Robinson

Joan Violet Robinson (née Maurice; 31 October 1903 – 5 August 1983) was a British economist known for her wide-ranging contributions to economic theory.

See Capital (economics) and Joan Robinson

John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was an English economist and philosopher whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

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Jonathan Nitzan

Jonathan Nitzan is Professor of Political Economy at York University, Toronto, Canada.

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Karl Marx

Karl Marx (5 May 1818 – 14 March 1883) was a German-born philosopher, political theorist, economist, historian, sociologist, journalist, and revolutionary socialist.

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Knowledge

Knowledge is an awareness of facts, a familiarity with individuals and situations, or a practical skill.

See Capital (economics) and Knowledge

Knowledge management

Knowledge management (KM) is the collection of methods relating to creating, sharing, using and managing the knowledge and information of an organization.

See Capital (economics) and Knowledge management

Labor theory of value

The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of "socially necessary labor" required to produce it.

See Capital (economics) and Labor theory of value

Labour economics

Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour.

See Capital (economics) and Labour economics

Land (economics)

In economics, land comprises all naturally occurring resources as well as geographic land.

See Capital (economics) and Land (economics)

Leadership

Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group, or organization to "", influence, or guide other individuals, teams, or entire organizations.

See Capital (economics) and Leadership

Machine tool

A machine tool is a machine for handling or machining metal or other rigid materials, usually by cutting, boring, grinding, shearing, or other forms of deformations.

See Capital (economics) and Machine tool

Macroeconomics

Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole.

See Capital (economics) and Macroeconomics

Marxian economics

Marxian economics, or the Marxian school of economics, is a heterodox school of political economic thought.

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Max Weber

Maximilian Karl Emil Weber (21 April 186414 June 1920) was a German sociologist, historian, jurist, and political economist who was one of the central figures in the development of sociology and the social sciences more generally.

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Means of production

In political philosophy, the means of production refers to the generally necessary assets and resources that enable a society to engage in production. Capital (economics) and means of production are capitalism.

See Capital (economics) and Means of production

Natural capital

Natural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms.

See Capital (economics) and Natural capital

Neoclassical economics

Neoclassical economics is an approach to economics in which the production, consumption, and valuation (pricing) of goods and services are observed as driven by the supply and demand model.

See Capital (economics) and Neoclassical economics

Non-renewable resource

A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption.

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Oil rig

An oil rig is any kind of apparatus constructed for oil drilling.

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Organic composition of capital

The organic composition of capital (OCC) is a concept created by Karl Marx in his theory of capitalism, which was simultaneously his critique of the political economy of his time.

See Capital (economics) and Organic composition of capital

Organizational capital

Organizational capital is the value to an enterprise which is derived from organization philosophy and systems which leverage the organization's capability in delivering goods or services.

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Paper wealth

Paper wealth means wealth as measured by monetary value, as reflected in price of assets – how much money one's assets could be sold for.

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Patent

A patent is a type of intellectual property that gives its owner the legal right to exclude others from making, using, or selling an invention for a limited period of time in exchange for publishing an enabling disclosure of the invention.

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Paul Samuelson

Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences.

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Physical capital

Physical capital represents in economics one of the three primary factors of production.

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Physical plant

A physical plant, mechanical plant or industrial plant (and where context is given, often just plant) refers to the necessary infrastructure used in operation and maintenance of a given facility.

See Capital (economics) and Physical plant

Piero Sraffa

Piero Sraffa FBA (5 August 1898 – 3 September 1983) was an influential Italian economist who served as lecturer of economics at the University of Cambridge.

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Pierre Bourdieu

Pierre Bourdieu (1 August 1930 – 23 January 2002) was a French sociologist and public intellectual.

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Production (economics)

Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output.

See Capital (economics) and Production (economics)

Production function

In economics, a production function gives the technological relation between quantities of physical inputs and quantities of output of goods.

See Capital (economics) and Production function

Public capital

Public capital is the aggregate body of government-owned assets that are used as a means for productivity.

See Capital (economics) and Public capital

Replacement value

The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth.

See Capital (economics) and Replacement value

Roundaboutness

Roundaboutness, or roundabout methods of production, is the process whereby capital goods are produced first and then, with the help of the capital goods, the desired consumer goods are produced.

See Capital (economics) and Roundaboutness

Saving

Saving is income not spent, or deferred consumption.

See Capital (economics) and Saving

Semiconductor fabrication plant

In the microelectronics industry, a semiconductor fabrication plant (commonly called a fab; sometimes foundry) is a factory for semiconductor device fabrication.

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Service (economics)

A service is an act or use for which a consumer, company, or government is willing to pay.

See Capital (economics) and Service (economics)

Share capital

A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash.

See Capital (economics) and Share capital

Shimshon Bichler

Shimshon Bichler is an educator who teaches political economy at colleges and universities in Israel.

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Skill

A skill is the learned ability to act with determined results with good execution often within a given amount of time, energy, or both.

See Capital (economics) and Skill

Social capital

Social capital is "the networks of relationships among people who live and work in a particular society, enabling that society to function effectively".

See Capital (economics) and Social capital

Social relation

A social relation is the fundamental unit of analysis within the social sciences, and describes any voluntary or involuntary interpersonal relationship between two or more individuals within and/or between groups.

See Capital (economics) and Social relation

Specification (technical standard)

A specification often refers to a set of documented requirements to be satisfied by a material, design, product, or service.

See Capital (economics) and Specification (technical standard)

Stock and flow

Economics, business, accounting, and related fields often distinguish between quantities that are stocks and those that are flows.

See Capital (economics) and Stock and flow

Surplus value

In Marxian economics, surplus value is the difference between the amount raised through a sale of a product and the amount it cost to manufacture it: i.e. the amount raised through sale of the product minus the cost of the materials, plant and labour power.

See Capital (economics) and Surplus value

Tangible property

In law, tangible property is property that can be touched, and includes both real property and personal property (or moveable property), and stands in distinction to intangible property.

See Capital (economics) and Tangible property

Technological innovation system

The technological innovation system is a concept developed within the scientific field of innovation studies which serves to explain the nature and rate of technological change.

See Capital (economics) and Technological innovation system

The Accumulation of Capital

The Accumulation of Capital (full title: The Accumulation of Capital: A Contribution to an Economic Explanation of Imperialism, Die Akkumulation des Kapitals: Ein Beitrag zur ökonomischen Erklärung des Imperialismus) is the principal book-length work of Rosa Luxemburg, first published in 1913, and the only work Luxemburg published on economics during her lifetime.

See Capital (economics) and The Accumulation of Capital

The New Palgrave Dictionary of Economics

The New Palgrave Dictionary of Economics (2018), 3rd ed., is a twenty-volume reference work on economics published by Palgrave Macmillan.

See Capital (economics) and The New Palgrave Dictionary of Economics

Tool

A tool is an object that can extend an individual's ability to modify features of the surrounding environment or help them accomplish a particular task.

See Capital (economics) and Tool

Trademark

A trademark (also written trade mark or trade-mark) is a type of intellectual property consisting of a recognizable sign, design, or expression that identifies a product or service from a particular source and distinguishes it from others.

See Capital (economics) and Trademark

Triple bottom line

The triple bottom line (or otherwise noted as TBL or 3BL) is an accounting framework with three parts: social, environmental (or ecological) and economic.

See Capital (economics) and Triple bottom line

Value (economics)

In economics, economic value is a measure of the benefit provided by a good or service to an economic agent, and value for money represents an assessment of whether financial or other resources are being used effectively in order to secure such benefit.

See Capital (economics) and Value (economics)

Venture capital

Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc.

See Capital (economics) and Venture capital

Wage labour

Wage labour (also wage labor in American English), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract. Capital (economics) and wage labour are capitalism.

See Capital (economics) and Wage labour

Wealth

Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.

See Capital (economics) and Wealth

Welfare economics

Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society.

See Capital (economics) and Welfare economics

Werner Sombart

Werner Sombart (19 January 1863 – 18 May 1941) was a German economist, historian and sociologist.

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William Nordhaus

William Dawbney Nordhaus (born May 31, 1941) is an American economist.

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Wind turbine

A wind turbine is a device that converts the kinetic energy of wind into electrical energy.

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References

[1] https://en.wikipedia.org/wiki/Capital_(economics)

Also known as Business capital, Capital (Futures), Capital (money), Capital Good, Capital Stock, Capital flow, Capital flows, Capital goods, Capital maintenance, Captive capital, Foreign capital, Investement goods, Investment capital, Investment good, Investment goods, Producer good, Producers' goods, Real capital, Theory of capital.

, Investment (macroeconomics), Joan Robinson, John Maynard Keynes, Jonathan Nitzan, Karl Marx, Knowledge, Knowledge management, Labor theory of value, Labour economics, Land (economics), Leadership, Machine tool, Macroeconomics, Marxian economics, Max Weber, Means of production, Natural capital, Neoclassical economics, Non-renewable resource, Oil rig, Organic composition of capital, Organizational capital, Paper wealth, Patent, Paul Samuelson, Physical capital, Physical plant, Piero Sraffa, Pierre Bourdieu, Production (economics), Production function, Public capital, Replacement value, Roundaboutness, Saving, Semiconductor fabrication plant, Service (economics), Share capital, Shimshon Bichler, Skill, Social capital, Social relation, Specification (technical standard), Stock and flow, Surplus value, Tangible property, Technological innovation system, The Accumulation of Capital, The New Palgrave Dictionary of Economics, Tool, Trademark, Triple bottom line, Value (economics), Venture capital, Wage labour, Wealth, Welfare economics, Werner Sombart, William Nordhaus, Wind turbine.