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infospace: process book-2-chapter-03

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Extract entities, map to VSM, and synthesize analysis.
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Bernd Worsch
2026-02-19 19:50:53 +01:00
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-2-chapter-03 -->
# Revenue Destined for Capital Replacement
## Definition
That portion of annual produce which immediately replaces capital by renewing
provisions, materials, and finished work withdrawn from capital. This revenue
maintains only productive hands and pays wages of productive labour, forming
the foundation for continued production and economic growth.
## Source Chapter
Book II, Chapter 3
## Context
Smith divides annual produce into two parts: one replacing capital and one
constituting revenue. This portion is crucial because it determines the
proportion between productive and unproductive hands in society and thus the
general character of inhabitants as to industry or idleness.
## Economic Domain
Accumulation
---