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 ?
The future of international investment lies not with Fortune 1000 corporates -- but private capital managers like Blackrock, KKR and Brookfield.
26 July 2019 - Chicago, US-based Pritzker Private Capital has closed the acquisition of Ohio, US-based non-hazardous wastewater treatment services provider Valicor Environmental Services, the company said.
M2 EQUITYBITES-July 26, 2019-Pritzker Private Capital Closes Acquisition of Wastewater Treatment Company Valicor
BANKING AND CREDIT NEWS-July 3, 2019--Northern Trust strengthens Private Capital Administration practice
Global Banking News-July 3, 2019--Northern Trust strengthens Private Capital Administration practice
Over the past four years, the development finance community has made significant progress: a number of innovative financial instruments and platforms have been created to catalyse private capital for sustainable development, and many multi-stakeholder initiatives have been set up to help address key challenges.
IFC, a member of the World Bank Group, has appointed John Gandolfo as Vice President & Treasurera position in which he will play a key role in the institutions efforts to build local capital markets and mobilize private capital to address the most urgent challenges of development.
Innovid, the world's video advertising platform, has announced it has secured USD 30 million in pre-IPO funding from Goldman Sachs' Private Capital Investing group, the company said.
The private capital markets have always been labelled as an alternative financing tool for companies in comparison to the traditional funding avenues, especially banks.
The session will also shed light on the possibility of deploying the private capital in Kuwait's infrastructure in different fields including transport, energy and electricity and water.
DENVER: Private Capital Management LLC closed on its asset purchase agreement of privately held Wagner Wealth Management LLC.
They are Claire Burrows, Michael Brooks and Adam Parry from the litigation and dispute resolution team, Marie-Therese Harper from corporate and commercial and Fiona Farrell in the private capital team.