Production
on land: payment for location
|
Payment enters the
price of the commodity |
Forms of the payment
for location
|
Rent form, price
forms.
(historically predominant forms) |
Forms of the payment
for location and fluidity of capital
|
Rent form: enters
circulating capital: greater fluidity
Price form: enters
fixed capital: > greater rigidity
A same production
technique is more fluid on rented land
-- it is
replaced earlier than on owned land |
Ownership
confers greater control over the production process
Competing uses
|
Market to sanction
prices including location
Relocation costs:
Rent form: enters circulating capital: greater fluidity
Price form: enters
fixed capital: > greater rigidity
A same production
technique is more fluid on rented land
--
it is replaced earlier than on owned land |
Bibliography.
Deák
(1985) Chap 6: "Fixed capital and the transformation of the production
process" |
