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In French, Étienne Clavier referred to capitalistes in 1788,[20] six years before its first recorded English usage by Arthur Young in his work Travels in France (1792).

In French, Anne-Robert-Jacques Turbot referred to Capitalists (and Entrepreneurs) in the second half of his Réflexions sur la formation et la distribution des richesses (Reflections on the Formation and Distribution of Wealth), first published 1769-1770 by DuPont, twenty-two years before its first recorded English usage by Arthur Young in his work Travels in France (1792).