Capital Quote by Jean-Baptiste Say
“Capital in the hands of a national government forms a part of the gross national capital.”
About This Quote
Source Book: Treatise on Political Economy, 1803
National control of capital is counted as part of a country's overall wealth.
In simple terms: Government-owned capital adds to national wealth.
Key Takeaway
Recognize state assets in economic metrics.
Themes
economics
public finance
national wealth
Mood
analytical
neutral
Type
economic
educational
When to use this quote
- policy analysis
- budget planning
- investment strategy
- economic education
Key Concepts
capital formation
gross national product
Questions to Reflect On
- How does government ownership affect economic growth?
- What metrics best capture national capital?
A Different Perspective
State ownership may not reflect true market value.
