"Capitalise" Quotes from Famous Books
... their subsistence—there can be no sufficient demand for the total produce of highly productive labour. The few wealthy cannot possibly consume the constantly growing surplus, and their endeavour to capitalise such surplus—that is, to convert it into instruments of labour—is defeated by the impossibility of employing the means of a production the products of which cannot be consumed. In the exploiting world, therefore, there prevails a constant ... — Freeland - A Social Anticipation • Theodor Hertzka
... shape of a 10 per cent. dividend to its shareholders, and put L100,000 into its reserve fund, which is represented on the other side of the balance-sheet by buildings and plant and a certain amount of first-class investments. If the directors now decide to capitalise that L1,000,000 of reserve fund, the only effect is that each shareholder will be given one new share for every three which he holds in the existing capital, the reserve fund will be wiped out, and the ordinary capital will be increased from L3,000,000 ... — War-Time Financial Problems • Hartley Withers |