Capital And Profits (1914)

Capital And Profits is a book written by David Collins Reid and originally published in 1914. The book is a comprehensive examination of the relationship between capital and profits, and how they are interdependent in a capitalist economy. Reid argues that capital is necessary for the creation of profits, and that profits are essential for the accumulation of capital. He discusses the different types of capital, including fixed and circulating capital, and how they are used in the production process. The book also explores the role of competition in the capitalist system, and how it affects the relationship between capital and profits. Reid argues that competition is necessary for the efficient allocation of resources, but also acknowledges its potential negative effects on profits. Additionally, the book delves into the concept of interest and its relationship to capital and profits. Reid argues that interest is a necessary component of the capitalist system, and that it serves as a reward for the use of capital. Overall, Capital And Profits is a seminal work in the field of economics, and provides valuable insights into the workings of the capitalist system.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.