Capital is produced means of production, not just money or weapons
Evidence
What’s capital? It’s not money, even though money can buy you capital – in the same way it can buy you land, gizmos, good publicity. And it’s not weapons, even though weapons can help you expropriate capital as well as land. … Before capitalism, capital was easy to define. It took the form of material goods that were produced specifically for the purpose of producing other goods. A steel sword, in this sense, was not capital – since it could produce nothing, except a severed head or a pierced torso. But a steel plough or a fishing rod were typical capital goods or, to rephrase the definition, produced means of production. — Yanis Varoufakis, Technofeudalism, 247
Categorization
- DEFINE: Precise classical definition of capital as produced means of production, setting up the contrast with platform capital later.
- corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 247
- XREF: connects to: Capital is a social relation conferring extractive power, not just machinery — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 792; Pre-capitalist capital meant produced means of production. — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 248; Capital means owning means of production and hiring wage workers, not mere wealth — Clara E. Mattei, The Capital Order: How Economists…, 95
Broader Connections
- Capital is a social relation conferring extractive power, not just machinery
#expands(0.95) — Yanis Varoufakis, Technofeudalism, 792