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 of, law and/or accumulation:
“There was that law of life so cruel and so just which demanded that one must grow or else pay more for remaining the same.”
—Norman Mailer (b. 1923)
“From the war of nature, from famine and death, the most exalted object which we are capable of conceiving, namely, the production of the higher animals, directly follows. There is grandeur in this view of life, with its several powers, having been breathed into a few forms or into one; and that, whilst this planet has gone cycling on according to the fixed law of gravity, from so simple a beginning endless forms most beautiful and most wonderful have been, and are being, evolved.”
—Charles Darwin (1809–1882)
“Biologically the species is the accumulation of the experiments of all its successful individuals since the beginning.”
—H.G. (Herbert George)