Happy Land, Labor and Capital Day
 

I celebrate all the factors of production.

Re: Happy Land, Labor and Capital Day
 

werd

Re: Happy Land, Labor and Capital Day
 

Happy national socialist day!!!

Re: Happy Land, Labor and Capital Day
 

Does credit count as capital?

Re: Happy Land, Labor and Capital Day
 

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Does credit count as capital?

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I wouldn't include it, but I'm sure an at least plausible argument could be made.

I did however forget time.

Re: Happy Land, Labor and Capital Day
 

[ ] content

Re: Happy Land, Labor and Capital Day
 

Boro,

I'm not happy to see the old avatar come back [img]/images/graemlins/frown.gif[/img]. That thing bothers me like no other.

Re: Happy Land, Labor and Capital Day
 

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[X] Indeed

Re: Happy Land, Labor and Capital Day
 

[ QUOTE ]
[ QUOTE ]
Does credit count as capital?

[/ QUOTE ]

I wouldn't include it, but I'm sure an at least plausible argument could be made.

I did however forget time.

[/ QUOTE ]

I was just asking because in the current creditalist economic system most "capital" is credit.

Re: Happy Land, Labor and Capital Day
 

right, but that's capital in the finacial sense, rather than in the economics sense of capital goods, tools, machinery, equipment, etc., which is what I was refering to; the physical factors of production. Money and credit can get you *access* to the factors of production, but I don't think that really makes it a capital good, so to speak. Although again, you're perfectly right in that it is *financial* capital.

I think we've killed the joke, such as it was. [img]/images/graemlins/wink.gif[/img]