Law Of Accumulation
Accumulation can refer to a cumulative or compound increase in a variable. Capital accumulation refers to a cumulative increase in capital.
In economics, the law of accumulation refers to the tendency for businesses to maximize surplus value so as to maximize profits.
Read more about Law Of Accumulation: Marxian Economics
Famous quotes containing the words law and/or accumulation:
“I do not believe in lawyers, in that mode of attacking or defending a man, because you descend to meet the judge on his own ground, and, in cases of the highest importance, it is of no consequence whether a man breaks a human law or not. Let lawyers decide trivial cases.”
—Henry David Thoreau (1817–1862)
“You watched and you saw what happened and in the accumulation of episodes you saw the pattern: Daddy ruled the roost, called the shots, made the money, made the decisions, so you signed up on his side, and fifteen years later when the women’s movement came along with its incendiary manifestos telling you to avoid marriage and motherhood, it was as if somebody put a match to a pile of dry kindling.”
—Anne Taylor Fleming (20th century)