Comprehensive Income Comprehensive Income is the change in the company’s net possessions from nonowner sources spanning a specified time frame. Comprehensive income is usually a statement of…
Income Statement Income Statement is a financial statement that measures a company’s financial performance on the specific accounting interval. Financial performance is assessed by giving an index…
Cash Flow Statement Definition The cash flow statement reflects a firm’s liquidity. Cash flow statement is among the quarterly financial reviews any publicly traded company is needed to disclose…
Ethical Banking Ethical banking is the term that involves any banking method that embraces ecologically and socially cognizant practices. While the banks still attempt to earn profits,…
Involuntary Servitude The Libertarian Party of the USA and other libertarians believe military mobilization to be involuntary servitude in the sense of the Thirteenth Amendment. Some libertarians…
Debt Bondage Debt bondage was familiar in Ancient Greece. In earliest Athens, Solon forbade taking out loans using oneself as a safety and ruined such debts. Debt…
Marxian Economics Marxian economics focuses on the function of labor in the progress of an economy and is vital of the traditional approach to wages and output…
Unfree Labour Definition Unfree labour is a cooperative term for those work relations, particularly in present or early modern history, in which people are engaged against their will…
Wage Labour The most ordinary form of wage labour at present is normal direct, or “full-time”, employment in which a liberated worker sells his or her labour…
Natural Capitalism Natural Capital can be explained as the world’s shares of natural assets including geology, soil, air, water and all living things. Natural capitalism realizes the…
State Monopoly Capitalism State monopoly capitalism concept aims to define a final historical stage associated with capitalism following monopoly capitalism, consistent with Lenin’s definition from the characteristics of…
Marginal Cost Definition Marginal Cost is the increase or reduction in the total cost of an production run for producing one additional unit associated with an item. It…