to determine. It seems that they are or are not, as the interest of the disputants may require.
1. Capital is any product of labor which is used to assist production.
2. This term also is used, by a figure of speech, and in a collective sense, for the persons who possess capital, and who come into the industrial organization to get their living by using capital for profit. To do this they need to exchange capital for productive services. These persons constitute an interest, group, or class, although they are not united by any such community of interest as laborers, and, in the adjustment of interests, the interest of the owners of capital must be limited by the interests of other groups.
3. Capital, however, is also used in a vague and popular sense which it is hard to define. In general it is used, in this sense, to mean employers of laborers, but it seems to be restricted to those who are employers on a large scale. It does not seem to include those who employ only domestic servants. Those also are excluded who own capital and lend it, but do not directly employ people to use it.
It is evident that if we take for discussion
