A CRITIQUE OF THOMAS PIKETTY'S 'CAPITAL IN THE TWENTY-FIRST CENTURY' - 4

A CRITIQUE OF THOMAS PIKETTY'S 'CAPITAL IN THE TWENTY-FIRST CENTURY' - 4

A CRITIQUE OF THOMAS PIKETTY’S ‘CAPITAL IN THE TWENTY-FIRST CENTURY’ – 4

  CONTAINING CAPITAL – 4

  Prasanna K Choudhary

3. CAPITAL SOCIAL AND SELF-EXPANDING (Continued) – 2

ACCUMULATION OF CAPITAL

This gratuitous service of past labor, when seized and filled with a soul by living labor increases with the advancing stages of accumulation. Past labor always disguises itself as capital. ..Capital is not a fixed magnitude, but is a part of social wealth, elastic and…

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prasannachoudhary - Wandering Mind
Wandering Mind

'Naitaavad enaa, paro anyad asti' (There is not merely this, but a transcendent other). Rgveda. X, 31.8.

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