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:
“Imperialism is capitalism at that stage of development at which the dominance of monopolies and finance capitalism is established; in which the export of capital has acquired pronounced importance; in which the division of the world among the international trusts has begun, in which the division of all territories of the globe among the biggest capitalist powers has been completed.”
—Vladimir Ilyich Lenin (1870–1924)
“In societies where modern conditions of production prevail, all of life presents itself as an immense accumulation of spectacles. Everything that was directly lived has moved away into a representation.”
—Guy Debord (b. 1931)