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The author narrowly defines "capital" as the context of the argument: "... industrialization shifted scarcity from land to capital (which throughout The World
by shenbomo 5y ago
The author narrowly defines "capital" as the context of the argument:
"... industrialization shifted scarcity from land to capital (which throughout The World After Capital refers to physical capital, such as machines and buildings, unless otherwise noted)."
Seems a lot of comments here assumes the broader definition of "capital", just want to point out...