Change Quote by Jean-Baptiste Say
“Capital can seldom be made productive, without undergoing several changes both of form and of place, the risk of which is always more or less alarming to persons unaccustomed to the operations of industry; whereas, on the contrary, landed property produces without any change of either quality or position.”
About This Quote
Source Treatise: Economic Theory, 1803
Productivity of capital depends on transformation in form and location, which unsettles those unfamiliar with industrial processes; land yields without such changes.
In simple terms: Capital needs change to become productive; land does not.
Adapt capital through restructuring.
Themes
Mood
Type
When to use this quote
- business expansion
- urban development
- agricultural planning
Key Concepts
Questions to Reflect On
- How can firms mitigate disruption when reshaping assets?
- What risks are unique to capital versus land?
Capital changes can be costly and uncertain.