doug carmichael

 

capital

Page history last edited by Doug Carmichael 3 yrs ago

Origin in cattle breeding, as in increasing head of cattle

 

Its free use required a culture first of trust among traders, and second regulation from the state. Treating capital like private property is an extension of the law of property. It is especially dependent on the alienability of capital.

 

the relation of capital to money is tricky, and to be explored.

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