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:
“Escalus. What do you think of the trade, Pompey? Is it a lawful trade?
Pompey. If the law would allow it, sir.
Escalus. But the law will not allow it, Pompey; nor it shall not be allowed in Vienna.
Pompey. Does your worship mean to geld and spay all the youth of the city?
Escalus. No, Pompey.
Pompey. Truly, sir, in my poor opinion they will to’t then. If your worship will take order for the drabs and the knaves, you need not to fear the bawds.”
—William Shakespeare (1564–1616)
“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)