"When we compare capital in France and Cameroon, we are not just comparing how many tools exist in France and in Cameroon: we are really comparing how many tools are put to work to generate profit for their owners. There is, in conclusion, no capital as such, outside of the concrete reality and existing relations of production." #capital #ownerworker #variablecapital #economics #KarlMarx #BrankoMilanovic
https://branko2f7.substack.com/p/capital-as-a-historic-concept