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Topic: Capital controversy

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In the News (Fri 24 May 19)

  Bambooweb: Capital controversy
Capitalist income is the rate of profit multiplied by the amount of capital, but the measurement of the "amount of capital" involves adding up quite incompatible physical objects -- adding trucks to lasers, for example.
In general, this says that physical capital is heterogeneous and cannot be added up the way that financial capital can.
Sraffa instead showed that a change in the rate of profit would change the measured amount of capital, and in highly nonlinear ways: an increase in the rate of profit might initially increase the perceived value of the truck more than the laser, but then reverse the effect at still higher rates of profit.
www.bambooweb.com /articles/c/a/Capital_controversy.html   (1696 words)

  Capital (economics) - Wikipedia, the free encyclopedia
Investment or capital accumulation in classical economic theory is the act of producing increased capital.
Social capital is the value of trusting relationships between individuals in an economy.
However, this increasingly distinguishes means of capital investment, and collection of potential rewards for patent, copyright (creative or individual capital), and trademark (social trust or social capital) instruments.
en.wikipedia.org /wiki/Capital_(economics)   (952 words)

 Capital controversy - Wikipedia, the free encyclopedia
Capital reversing renders meaningless the neoclassical concepts of input substitution and capital or labor scarcity.
The equation of the rate of return on capital goods with the marginal product of capital is true under the simplifying assumption that there exists only one good, other than labor, and that this good can be used both as the consumption and capital good.
Since Samuelson had been one of the main defenders of the idea that heterogenous capital could be treated as a single capital good, his article conclusively showed that results from simplified models with one capital good do not necessarily hold in more general models.
en.wikipedia.org /wiki/Capital_controversy   (2618 words)

 Capital Gains Taxation
The central controversy concerning capital gains is whether or not they are to be treated as actual income.
A capital gains tax cut would not have a noticeable positive impact on the economy, according to supporters of the tax, as investment decisions are rarely influenced by taxes.
Many conservative groups that favor tax relief, such as the American Council for Capital Formation, are quick to point out their perceived successes of the reform package passed by Congress in 1997.
www.pubpol.duke.edu /courses/ps145.02/project/group10/capital.html   (1256 words)

 [No title]
Capital punishment may be imposed only when guilt is determined by clear and convincing evidence leaving no room for an alternative explanation of the facts.
Capital punishment may be carried out only after a final judgment rendered by a competent court allowing all possible safeguards to the defendant, including adequate legal assistance.
Capital punishment shall not be carried out pending any appeal, recourse procedure or proceeding relating to pardon or commutation of the sentenced.
www.cwrl.utexas.edu /~tonya/spring/cap/e.htm   (1251 words)

Capital punishment is one of the oldest forms of punishment in the world.
Capital cases are long and expensive, and there is no proof that capital punishment deters crime.
Capital punishment has been used all over the world as a means of punishing people for their crimes.
www.loyno.edu /~lmthorpe/feature.html   (1575 words)

 John W. Lamperti | Capital Punishment
The evidence for capital punishment as an uniquely effective deterrent to murder is especially important, since deterrence is the only major pragmatic argument on the pro-death penalty side.
It is sometimes suggested that capital punishment provides added protection to police or to prison guards, and a number of states which have abolished capital punishment for "ordinary" murder retain it for the killing of police or prison staff.
Bailey and Peterson, for example, conclude that "Deterrence and capital punishment studies have yielded a fairly consistent pattern of non deterrence." Although they find agreement that "the overall (general) homicide rate is not responsive to capital punishment," they do call for further research into particular types of crimes.
www.math.dartmouth.edu /~lamperti/capitalpunishment.html   (3462 words)

 Tax Revision Studies, 1937: Volume III   (Site not responding. Last check: 2007-10-11)
If the capital gains of good years must be paid out currently to avoid surtax liability, but no carry-forward of the capital losses of bad years is allowed, the tendency over a period of years will be to shrink the value of capital assets.
The sale of almost any capital asset on the installment plan can be so arranged as to convert a large part of the interest income into the form of a capital gain merely by reducing the nominal rate of interest and raising the principal price by a compensatory amount.
Part of the capital gains realized by common stockholders and direct proprietors of tangible property during such periods are obtained at the expense of their creditors, whose monetary claims are fixed.
www.taxanalysts.com /thp/civilization/Documents/Surveys/hst23731/23731-1.htm   (4401 words)

 USCCB - The Montana Catholic Conference   (Site not responding. Last check: 2007-10-11)
The purpose of rehabilitation is obviously forgone in a case of capital punishment.
Additional support for this idea lies in the theory of "capital punishment as a vehicle for suicide." Clinical psychiatrists believe there are cases in which a person chooses the commission of a capital crime as a means of committing suicide.
Capital punishment is too cheap and easy a way of absolving the guilty conscience of mankind.
www.usccb.org /sdwp/national/criminal/death/mt81.htm   (2612 words)

 Austin Mires and the Capital Controversy
Olympia, the territorial capital, was the favored contender in the battle for the state capital, opposed chiefly by Ellensburgh and North Yakima.
Legislation to relocate the capital was introduced in the session of 1887-1888.
The Ellensburgh newspapers had favored submission of the capital question to the popular vote, and were pleased with the action of the convention.
www.appeal-law.com /constitution/mires.html   (3281 words)

 Untitled Document   (Site not responding. Last check: 2007-10-11)
This controversy did clarify some matters, but it failed to shed much new light on the basic concepts of capital theory since both sides accepted the Fundamental Myth that the ownership of the product is attached to the ownership of the means of production.
The capitalized value concept is unproblematic in the passive case where the income stream is the stream of rentals (net of maintenance) plus the scrap value.
It is a clear-cut case where the social role of Capital as the hiring party in capitalist society is presented as a technological characteristic of capital goods.
cog.kent.edu /lib/Ellerman4/Chapter11.htm   (7866 words)

 Capital Punishment and Homicide (Skeptical Inquirer July 2004)
All of the scientifically valid statistical studies—those that examine a period of years, and control for national trends—consistently show that capital punishment is a substantial deterrent.
Unfortunately, econometricians continue to use multiple regression on capital punishment data and to generate results that are cited in Congressional hearings.
Estimates of the deterrent effect of capital punishment: The importance of the researcher’s prior beliefs.
www.csicop.org /si/2004-07/capital-punishment.html   (2470 words)

 Views from the Other Side of Life
When one examines the abortion controversy in detail and within the contexts of each of the three religious assumptions, (Christian one-life-ism, atheism, and reincarnation) we find some startling and belief-shaking evidence.
Capital punishment is an easy area to see where the meaning and consequences of one's beliefs and one's actions are significantly different depending upon which of the three religious assumptions
When you look closely at this controversial issue, you find objective reality, pure fantasy, and personal religious beliefs are all scrambled together.
www.truth101.org /vs000-other-side-home-page.html   (1229 words)

 [No title]
By mid-95, Bain Capital, Hanson, Gard and American Pad realized that if the collapse of American Pad's floundering LBO was to be avoided, they needed to raise cash to pay down and/or refinance American Pad's oppressive LBO debt.
During the Class Period, Bain Capital participated in the issuance of statements which it knew were false and/or misleading for the purpose of selling American Pad securities.
Bain Capital also wanted to take American Pad public to improve American Pad's financial condition so that American Pad would be able to pay millions of dollars to it for so-called "advisory fees," thus permitting Bain Capital to continue to plunder American Pad.
securities.stanford.edu /1011/AGP98/98cv00660.txt   (12253 words)

 Capital (economics)   (Site not responding. Last check: 2007-10-11)
The classical economist extraordinaire David Ricardo would use the above definition for the term fixed capital while including raw materials and intermediate products are part of his circulating capital.
To him, variable capital referred to a capitalist's investment in hiring labor-power, seen as the only source of surplus-value.
However, this increasingly distinguishes means of capital investment, and collection of potential rewards for patent (imitative or instructional capital), copyright (creative or individual capital), and trademark (social trust or social capital) instruments.
www.sciencedaily.com /encyclopedia/capital__economics_   (928 words)

 The Controversy over the Concept of Capital   (Site not responding. Last check: 2007-10-11)
For it became the practice for capital sums of money not only to be loaned out but also to be invested by the borrowers to whom it had been loaned, or alternatively, to be invested directly by the owners in lieu of being put out to loan.
This transfer consisted in regarding the money capital as if it were still in hand and operative, and, furthermore, in looking upon the yield from the investment as interest on the invested capital.
In either case the yield-producing wealth could be looked upon as representing capital, and its yield could be regarded as the interest derived from the capital.
www.runge.com /capital/excerpts/bohm_b.htm   (562 words)

 The Rice Thresher Online | OPINION | Controversy distorts capital punishment
Waiting for the controversy over capital punishment to be resolved is like waiting for a cable repairman named Godot to show up.
What amazes me most about all of this passion and fervor is the fact that, on the grand scale of things, it really doesn't make a lick of difference.
Opponents claim the statistics show there is no demonstrative correlation between the threat of capital punishment and crime deterrence of any kind.
www.rice.edu /projects/thresher/issues/88/00.09.29/current/opinion/story4.html   (845 words)

 BookkooB : Capital Controversy, Post Keynesian Economics and the History of Economic Thought - : Compare Book Prices
Capital Controversy, Post Keynesian Economics and the History of Economic Thought: Essays in Honour of Geoff Harcourt Vol 1 (Routledge Frontiers of Political Economy S.)
Above you will see price and availability details for Capital Controversy, Post Keynesian Economics and the History of Economic Thought: Essays in Honour of Geoff Harcourt Vol 1 by from the leading UK book stores.
View other editions of Capital Controversy, Post Keynesian Economics and the History of Economic Thought.
www.bookkoob.co.uk /book/0415133912.htm   (353 words)

 In Defence of Marxism - Marx's Economics and Lord Desai's ‘revenge': A response to the book ‘Marx's Revenge' by ...
Note that, in the case of the unit of capital, the rate of profit is calculated on the total constant capital outlaid; whereas in the value of a commodity, C represents just the depreciation of constant capital involved in the production of the product.
But since capitalism is a profit-driven system, since capitalists will always put their money where there is the expectation of a higher rate of profit, there must be capital flows between industries causing a tendency for the rate of profit throughout the economy to equalise.
It becomes variable capital when it is laid out as wages and spent by the workers to perpetuate their labour power.
www.marxist.com /marx-desai-transformation260805.htm   (5232 words)

 Capital outflow controversy dies down   (Site not responding. Last check: 2007-10-11)
The controversy that reigned last year after the Bank of Namibia had accused the local unit trust industry of engineering enormous outflow of Namibian investor funds to the South African capital market appears to have died a natural death.
This week, the chairman of the Association of Unit Trusts of Namibia, Danie Kotze, said the controversy appeared to have been a power struggle between the central bank and Namfisa, regarding who had the power to regulate the unit trust industry.
Although both Namfisa and the central bank had promised feedback to the industry regarding the controversy, nothing has been heard from the two institutions.
www.economist.com.na /2004/2july/07-02-22.htm   (190 words)

 PKT message, capital critique
Some months ago there was an exchange (I think it was on this network) on teaching the capital controversy to undergraduate students.
Now I am teaching 2nd year micro theory and would like to introduce the topic, in part because I teach 3rd year labour economics and want to raise the same objection to the treatment of heterogeneous human capital as is raised with physical capital.
I would, therefore, like suggestions as how to teach the capital controversy (alternatively, critical views of marginal productivity theory) in a meaningful way at the 2nd year level.
archives.econ.utah.edu /archives/pkt/1993m09/msg00044.htm   (212 words)

 American Chronicle: Controversy on Capital Sentence in India
There is a law for capital punishment in many countries but there are some countries that feel this sentence as inhuman.
In such countries, the convicts may have committed a very serious crime but they are not given death as a sentence.
Tanveer Jafri is a columnist in India affiliated with hundreds of the most popular daily news papers/news magazines/portals in India and abroad.
www.americanchronicle.com /articles/viewArticle.asp?articleID=16492   (1412 words)

 Is Capital Punishment a Deterrent? : Christian Courier
Others, with an appeal of sorts to the Scriptures, allege that capital punishment is incompatible with the teaching of Jesus.
Capital punishment ought to be administered with absolute fairness.
The antiseptic, secluded manner of the current process, which is relatively recent, and even novel (from an international vantage point), undoubtedly neuters the effect of capital justice.
www.christiancourier.com /penpoints/capitalPunishment.htm   (985 words)

 Free Essays on Capital Punishment
Below is free essays on Capital Punishment by 123Student, your one-stop source for free essays, free college term papers, and free term papers.
There is one question that has always brought about controversy.
To supporters of capital punishment, the statistics are pleasing.
www.123student.com /2160.htm   (994 words)

 The Capital Times   (Site not responding. Last check: 2007-10-11)
In 1993, The Capital Times quoted Erdman as saying that he anticipated housing costs between $80,000 and $250,000, including the lot.
In 1995, when ground was broken in the development, that $80,000 goal was 64 percent of the median cost of a home in Dane County.
Technical questions and comments may be directed to The Capital Times Please state your concern in the subject line.
www.madison.com /tct/news/stories/index.php?ntid=55456&ntpid=0   (1297 words)

 International Economic Policy in the Wake of the Asian Crisis
It led reservations to be voiced, and not only in Asia, about full and unfettered international capital mobility and about the policy priorities of the International Monetary Fund.This paper discusses the policy challenges posed by the Asian crisis.
Even before the crisis struck, the IMF was on record as favoring the liberalization of capital flows and had proposed amending its Articles of Agreement to make the promotion of capital account liberalization a purpose of the Fund and to give it jurisdiction over restrictions on capital movements.
In the wake of a crisis characterized by volatile financial flows and contagious currency crises, capital mobility is increasingly seen as a mixed blessing.
ideas.repec.org /p/cdl/ciders/1019.html   (900 words)

The Cambridge Capital Controversy was a major theoretical controversy arising out of the work of Piero Sraffa.
He argued that the central concept of capital theory should not be capital, but the rate of interest as expressing a rate of return.
One response of mainstream theorists was to retreat to disaggregated theory.
www.dreamscape.com /rvien/Economics/Essays/sraffa2.html   (4188 words)

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