...exists no longer as his capital, or as a cottonspinner'e capital : such portion of it as the workmen consume, no longer exists as capital at all : even...as a fresh capital, the result of a second act of accnmulai tion. Capital which in this manner fulfils the whole of its office in the production in which...

...rendering service to production, or at least not the same service, nor to the same sort of production Capital which in this manner fulfils the whole of...engaged, by a single use, is called circulating capital. . . . Another large portion of capital, how1 Sec chapter on " Property." ever, consists in instruments...

...exists no longer as his capital, or as a cottonspinner's capital : such portion of it as the workmen consume, no longer exists as capital at all : even...engaged, by a single use, is called Circulating Capital. TLe term, which is not very appropriate, is derived from the circumstance, that this portion of capital...

...exists no longer as his capital, or as a cottonspinner's capital : such portion of it as the workmen consume, no longer exists as capital at all : even...accumulation. Capital which in this manner fulfils tliu whole of its office in the production in which it is engaged, by a single use, is called Circulating...

...is floating or circulating capital. This kind of capital has been denned by JS Mill as that " which fulfils the whole of its office in the production in which it is engaged by a single use ". Other kinds, such as houses, land, machinery, etc., it will not be necessary to consider, although...

...saw, or, for cutting off, the saw may be fed to the work. Circulating Capital. That which fulfills the whole of its office in the production in which it is engaged by a single use; eg, raw materials, or money paid out as wages. It is distinguished from Fixed Capital, in the form...

...view to profit which does not yield such profit till it is parted with ' (Malthus). (2) ' That which fulfils the whole of its office in the production in which it is engaged by a single use' (Mill). In general, subsistence and materials, as distinct from tools and buildings. Malthus, following...

...and capital which did not. John Stuart Mill makes the distinction as follows : — " Capital which fulfils the whole of its office, in the production...engaged, by a single use, is called circulating capital. Capital which exists in any durable shape, and the return to which is spread over a period of corresponding...

...period must be taken into account. Circulating capital means here capital which performs its whole office in the production in which it is engaged by a single use, eg, the goods which the merchant has for sale, he sells out and out and gets the money in exchange...

...costs.] Such portion of it as the workmen consume [money ?] no longer exists as capital at all ; . . . . capital which in this manner fulfils the whole of...production in which it is engaged, by a single use [technological aspect and private aspect mixed and confused] is called circulating capital This portion...