Capital

David Levine

Chapter 1 in Pathology of the Capitalist Spirit: An Essay on Greed, Hope, and Loss, 2013, pp 6-14 from Palgrave Macmillan

Abstract: Abstract This chapter explores the nature and meaning of capital. The idea of capital is the idea of a good that does not get old, does not lose its ability to satisfy need, is not limited in that ability, or have that ability erode over time. Capital enables us to take what wealth we possess and turn it into more. The importance of capital is that in acquiring it we acquire the power to separate income from work and future from past. Capital represents our dissatisfaction with the world we live in and the life we lead there. It represents the rejection of the past and of who we were then. It is hope embodied; and because it is hope embodied, it is desire’s object.

Keywords: Legal System; Private Property; Hard Time; Intergenerational Transfer; Historical Mission (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34679-7_2

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DOI: 10.1057/9781137346797_2

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