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The Palgrave Encyclopedia of Imperialism and Anti-Imperialism, 2021
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Money Capital, Fictitious Capital and “Toxic” Capital
2019Money capital, as a seemingly autonomous entity, does not produce value. Its “profit” arises as interest and dividend from industrial profit for productively invested loans, as interest on taxes levied by the state to service the public debt and as interest from wages for consumer loans to workers.
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Capital taxes take the capital out of capitalism
Industrial Management & Data Systems, 1980CIVIL SERVANTS may squirm and local authority staff protest, but excessive spending and overmanning in the public sector is the bete‐noire of Britain's economic recession, and consensus on this point is rapidly evolving throughout industry. It is certainly a view which we share as the voice of the wealth‐producing sector of the economy.
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The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting.
American Political Science Review, 1986Alan Stone
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