Capital Accumulation
The accumulation of capital is the gathering or amassing of objects of value; the increase in wealth through concentration; or the creation of wealth. Capital is money or a financial asset invested for the purpose of making more money (whether in the form of profit, rent, interest, royalties, capital gain or some other kind of return). This activity forms the basis of the economic system of capitalism, where economic activity is structured around the accumulation of capital (investment in order to realize a financial profit).
Human capital may also be seen as a form of capital: investment in one's personal abilities, such as through education, to improve their function and therefore capital accumulation (wealth) in a market economy.
Read more about Capital Accumulation: Definition, Harrod–Domar Model, Marxian Concept of Capital Accumulation, Psychology, Sociology and Ethics of Capital Accumulation, Different Forms of Capital Accumulation, Regime of Accumulation, Environmental Criticisms, Capital Accumulation and Risk, Capital Accumulation and Military Wars, New Developments in Capital Accumulation
Famous quotes containing the words capital and/or accumulation:
“I should not regret a fair and full trial of the entire abolition of capital punishment.”
—James Madison (1751–1836)
“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)