circulating capital


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Related to circulating capital: working capital, Fixed capital, Floating capital
See: principal
References in periodicals archive ?
It is in the nature of circulating capital that it often does pass a number of stages when it is processed from raw materials into consumer goods.
This thesis is that a Ricardo Effect in the raw material industries is the reason for an increasing 'scarcity of circulating capital' as the upswing progresses (Lachmann and Snapper, 1938; cf.
The volume of net circulating capital is an important indicator of liquidity as it determines the company liquidity risk level.
The demand for net circulating capital may be calculated in the following way:
Of this sum, [pounds sterling] 13,000 goes to replace the circulating capital stocks of food and necessaries workers have consumed over the year, and [pounds sterling] 2,000 goes to the capitalist as profit (a 10.0 percent profit rate) to reward him for the use of his capital.
In other words, circulating capital, or means of employing labor, falls from [pounds sterling] 13,000 to [pounds sterling] 5,500.
Secondly, at a later stage, the process is viewed as the transfer of value" from the means of production to their products regardless of whether there occurs a "change of hands." In this context, the f-c distinction is considered by Marx as being based on whether the value of productive capital is transferred only gradually fixed capital) or once and for all (circulating capital) to the product [Marx, 1978, pp.
First of all, in a subsection headed Ricardo's Confusion of Constant Capital with Fixed Capital and of Variable Capital with Circulating Capital" (Marx, 1969(b), pp.
Their circulating capital in the current period is that portion of their revenue 'destined for the maintenance of productive labour' (WN II.iii.11).
Let the stock of fixed capital be Ct, and circulating capital as before be [V.sub.t] [equivalent to] [N.sub.t][w.sub.t].
(5) In the fourth and definitive edition Walras presents a very elaborate theory of money which is connected, unlike the preceding ones, to the remaining part of his theoretical structure, because of the link between money and circulating capital goods (consumer goods and raw materials).
(10) This will as the property of invariability of circulating capital in the period.