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- Title
The Inventor of Capital, I.
- Authors
Neilson, Francis
- Abstract
The article presents the author's opinions on means by which man was forced to learn to fend for himself and slowly over a period of time human beings became capitalists. In traversing possible stages of development after he assumed the shape of man, irrespective of the stature of the creature, I am loath to speculate upon those dark-some periods when he emerged from a former state and condition. Here, I present the latest information that has been presented by the learned societies upon the discoveries that have been made since the Java and the Peking man were exposed and became specimens of the earliest form of the creature. The Peking man takes us back hundreds of thousands of years, and according to the relic fragments of tools that he used, which indicated his vocation, he was an agriculturist, that is, a capitalist having tools with which he tilled the earth. We may infer from these crude tools that he was a laborer and a capitalist. Capital is that part of wealth that aids in the production of more wealth, but the system of capitalism did not begin in the eighteenth century at the time of the Industrial Revolution.
- Subjects
INVESTORS; BIOLOGICAL evolution; BEHAVIOR evolution; CAPITALISM; PEKING man; JAVA man
- Publication
American Journal of Economics & Sociology, 1960, Vol 19, Issue 3, p241
- ISSN
0002-9246
- Publication type
Article
- DOI
10.1111/j.1536-7150.1960.tb00382.x