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Called Quote by Joan Robinson

“Capital' is not what capital is called, it is what its name is called.” quote by Joan Robinson
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“Capital' is not what capital is called, it is what its name is called.”

Joan Robinson

About This Quote

Source Book: Economics and the Theory of Value, 1933

The name of capital is a label, not the thing itself; language shapes economic concepts.

In simple terms: Names are labels, not realities.

Key Takeaway

Question underlying assumptions.

Themes

language economics concepts

Mood

thought‑provoking philosophical

Type

economic semantic

When to use this quote

  • policy analysis
  • academic debate
  • education

Key Concepts

semantic framing capital theory

Questions to Reflect On

  • What does this reveal about economic language?
  • How does naming influence perception?
A Different Perspective

May oversimplify complex economic structures.

4.4 out of 5 (3 ratings)

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