Capital, Capital Accumulation and Diseconomy

Raymond W Y Kao
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Raymond W Y Kao: McMaster University, Canada

Chapter 8 in Stewardship-Based Economics, 2007, pp 143-164 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Sacrifice: The Unaccounted Cost of CapitalCost of natural capitalCost of capital as economists see itThe Accumulation of Money CapitalReal capital and “money” capitalBusiness expansion and real capital accumulationInterest as a source of capital accumulationCapital MarketStock exchangeBond marketBanksVenture ForaVenture capitalistsDiseconomy

Keywords: Ownership; Stewardship; Economics; Residual; Democracy; Poverty; Environmental Deterioration; Resources Drain; Distribution Versus Sharing; Globalization; Profit; Capital; Colonization (search for similar items in EconPapers)
JEL-codes: G10 (search for similar items in EconPapers)
Date: 2007
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