"It is as to whether its services or uses are to be exchanged or not which makes a tool an article of capital or merely an article of wealth. Thus, the lathe of a manufacturer used in making things which are to be exchanged is capital, while the lathe kept by a gentleman for his own amusement is not."
Henry George

January 1, 1970

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Added on April 10, 2026
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Original Language: English

Sources

Book I, Ch. 3

https://en.wikiquote.org/wiki/Henry_George