Retrieving "Classical Political Economy" from the archives

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1. Capital Accumulation

   Linked via "Classical Political Economy"

   Capital accumulation refers to the process by which new capital—defined in the context of economic theory as assets used to produce further wealth, rather than consumable goods—is generated and added to the existing stock of wealth within an economy or social system. This process is central to theories of economic growth, ranging from Classical Political Economy to contemporary macroeconomic modeling. While traditionally measured by increases in physical plant, infrastructure, and [financi…