tegwick
41773f1320
Add OpenAIAdapter for the OpenAI chat completions API (apikey-chatgpt.txt or OPENAI_API_KEY). Set default model to arcee-ai/trinity-large-preview:free for the infospace pipeline and increase max_tokens from 4096 to 8192. Reprocess chapter 05 with Trinity Large (was Gemini: 1 truncated entity, now 19 complete entities). Process chapters 06 (Aurora Alpha, 10 entities) and 07 (Trinity Large, 15 entities including regenerated violent-policy.md). Canonical set now at 85 unique entities. Add entity archive policy: entities are never silently deleted. Retired entities move to output/entities/archive/ with a dated reason header. New CLI option: --archive-entity <slug> --reason "...". The --list output shows the archive count alongside the canonical set. Co-Authored-By: Claude Opus 4.6 <noreply@anthropic.com>
20 lines
1.1 KiB
Markdown
20 lines
1.1 KiB
Markdown
# capital
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**Definition**
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Capital is the accumulated stock of assets—such as machinery, tools, raw materials, and financial resources—used to produce commodities. It is a factor of production that enables labour to generate output and is the basis for profit generation.
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**Source Chapter**
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*The Wealth of Nations*, Book 1, Chapter 6.
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**Context**
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Smith refers to capital when explaining that “the profits of stock … are greater or smaller in proportion to the extent of this stock,” and when he discusses the “capital which employs the weavers.” Capital is presented as the underlying resource that determines the scale of profit.
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**Economic Domain**
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Accumulation
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**Smith’s Original Wording**
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> “The capital which employs the weavers … must be greater than that which employs the spinners … because it not only replaces that capital with its profits, but pays, besides, the wages of the weavers.”
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**Modern Interpretation**
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Capital corresponds to the modern economic concept of physical and financial capital, a primary input in production functions (e.g., Cobb‑Douglas) and a driver of economic growth through investment.
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