Open AccessHow Broad a Meaning Can “Capital” Acquire? Towards the Rigorous Comprehension of Capital
Author(s) -
Balázs István Tóth
Publication year - 2020
Publication title -
review of economic studies and research "virgil madgearu"
Language(s) - English
Resource type - Journals
ISSN - 2069-0606
DOI - 10.24193/rvm.2020.13.67
Subject(s) - capital (architecture) , clarity , meaning (existential) , positive economics , epistemology , comprehension , economic capital , consistency (knowledge bases) , individual capital , subject (documents) , sociology , neoclassical economics , economics , philosophy , history , linguistics , computer science , profit (economics) , biochemistry , chemistry , archaeology , artificial intelligence , library science
This paper explores some of the recent challenges concerning the contemporary meaning of capital by reconsidering the role of alternative forms of capital in scientific progress. The first aim of the study is to review the main contradictions in the notion of capital, with special regard to economics and sociology. Second, it is aimed at highlighting the genesis of and the popular literature on the alternative forms of capital. Besides, the paper reassesses the role of the state-of-the-art notions and interpretations related to the subject matter. The study argues that the understanding of capital should be defended from further atomization, and calls for more clarity and consistency between disciplines and in the usage of the term capital. Accordingly, some propositions are provided that may lead scholars to outline the rigorous comprehension of capital.