I know this is dumb question. What is Capital. I mean at its most basic level
>>1386828
It is something you own. Money, yes, but also tools, buildings, machinery. There's fixed capital (A workbench, for exemple) and mobile capital (Wood that you'll chop up to build chairs, for exemple). Workers are not considered capital.
>>1386833
Would a slave be capital.
Don't bother because everyone disagrees on the definition.
>>1386842
Aaah, now that's an interesting question...
Technically, yes, a slave could be considered capital as it is your property. Depends on the sort of slavery though. A medieval serf could defend itself and ask a lot of retributions to his lord, so he wasn't really capital. Same for mameluks or janissaries.
However, if you talk about your slave in cotton or sugar fields, yes, he is capital.
>>1386828
In its most basic form, a token that you can exchange for work.
>>1386828
tangible power
>>1386828
Wealth that is capable of giving birth to more wealth, Rent is capital that is valuable soley due to its position in time and space, while labor is capital is that mobile.
>Goverment=Top Rentier
Private sector= Top Capital
Populace= Top Labor
>>1386842
No, and yes.
They're a economic rent, and also capital and also money.
A resource that may be used to build wealth.
>>1386828
Worth. Interpret that as you will.