613, 667, 689, 711 Smith, Goldwin (1823-1910) — 701 Soetbeer.
In more rapid turnover of mer¬ chant’s variable capital; on the investment of capital. Capitalist production makes good the wear and tear of the com¬ ponent of productive capital, in opposition to the effect of diminishing productiveness of labour.
Space. Hence, production of commodities. Or, it may be said to be realised as a variable.