Private Capital

Private Capital

 

in capitalist society the portion of social capital in monetary, production, or commodity form privately owned by the individual capitalist and used by him to extract profit.

Private capital is the basic unit of the private capitalist economic system. Although the movement of social capital is the end result of the circulation of private capital and the struggles of individual capitalists who are striving for maximum profit, the functional limits of private capital are determined by objective ratios of social reproduction. The movement of private capital, as of all social capital, occurs spontaneously through the continuously disproportional state and anarchy of capitalist production; enrichment of certain capitalists is attended by the financial ruin of others.

The actual forms of private capital depend on their role in the historically determined structure of social production. Private capital may be used in industry, commerce, or finance, correspondingly bringing the owner surplus value in the form of industrial or commercial profit or loan interest. During the age of premonopolistic capitalism the individual capitalist who combined the functions of ownership and capital management was the embodiment of private capital. Under contemporary conditions private capital is embodied in capitalist firms with complex organizational structures, within which ownership is usually separated from management.

V. G. SHEMIATENKOV

References in periodicals archive ?
DENVER: Private Capital Management LLC closed on its asset purchase agreement of privately held Wagner Wealth Management LLC.
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Global Banking News-August 8, 2017--Macquarie Capital strengthens private capital business
German reinsurer Hannover Re has announced it has completed its deal to acquire Lloyds of London focused player Argenta Holdings Limited, which provider the reinsurance company with a ready-made syndicate and Lloyds private capital manager.
120bn senior secured credit facility to support the acquisition of Cincinnati, Ohio-based flexible packaging company ProAmpac by Chicago-Illinois-based private equity firm Pritzker Group Private Capital, the company said.
At the end of 2015, the private capital industry -- including private equity, private debt, real estate, infrastructure and natural resources -- had $4.
Since August 2011, the company has raised over $452 million in private capital to fund its acquisitions, making it one of the largest private capital companies of its type in the nation.
The full service law firm has appointed Elizabeth Gibbison and Stephanie Layton to their private capital and family law teams respectively.
Vass concluded that in order to promote increased rates of regional innovation, that radical innovations will need a full-blown, comprehensive private capital market mechanism that facilitates secondary securities transactions that allow entrepreneurs to continue to build successful independent companies.
Summary: IMF First Deputy Managing Director David Lipton says Mauritius is a key example of private capital flows between emerging markets
iLEVEL said that Liberty Hall Capital Partners has selected the iLEVEL Private Capital Data Platform to streamline its portfolio data collection process and enhance reporting capabilities.