Capital derives from accumulated labour. The product of labour becomes capital when it is acquired by another producer. ―Capital and labour merge into one another.‖ Thus, worked land becomes capital. Over time, the accumulation of capital concentrates itself in the hands of the capitalist or owners’ class. Lending (leasing, rent, tenant farming, granting exploitation rights, investment companies, etc) is the process by which capital passes from the hands of the capitalist or owners’ class to those of the labourer or industrialist. The investment company with shares is the extreme example of this transfer; the public company does not really change.
