A few remarks about the concept of capital One is something like the amount of inertia that must be overcome in order to get a given system running so to speak. Another way of stating that would be the excess energy, or resources, required to overcome that inertia will need to come from somewhere. And yes our culture generally recognizes that money is equivalent to stored resources so it makes sense that money applied in this one sense be called capital. Many historians point to the advent of stored grain as being a kind of invention of capital. Hopefully that idea elucidates the point that there is this connection to an abundance of material goods that drives capital formation, and the ability to invest resources in a new project. however the idea is not without controversy. Clearly there are more and more voices calling for the slowing of growth in general, and the idea of capital and growth are virtually indistinguishable. However , complicating the matter further, is that in order to create a sustainable and zero growth economy we may still need to make investment in order to build an economy with such a different orientation
To again echo on the last idea , even those who want to simplify our lives often have to admit it may be harder work to get to that reality than it is to subsist in the present system. Therefore at least a strand of thought here is to promote the idea that it may be necessary for us to invest our time and effort in ways that will not be the most rewarding in terms of short term financial gain. So that comment probably sends up red flags for a lot of people as it rightly should. Short term financial gain is not something that can be dismissed easily since it can literally be life and death for people on the edge. Again we said it is a strand of thought, and it may be
A final controversial thought is in regard to the meme that capital will always follow the highest rate of return. In general this idea often tends to perpetuate the idea that the receivers of capital are beholden to the lenders and must make their projects 'fit' the conditions of the lenders. The argument is lengthy and not necessarily incorrect but it depends on a lot interpretations. However, such a frame does seem to contradict the needs of the community, so some work might yet need to be done to get these contrasting lenses into a singular focus
To again echo on the last idea , even those who want to simplify our lives often have to admit it may be harder work to get to that reality than it is to subsist in the present system. Therefore at least a strand of thought here is to promote the idea that it may be necessary for us to invest our time and effort in ways that will not be the most rewarding in terms of short term financial gain. So that comment probably sends up red flags for a lot of people as it rightly should. Short term financial gain is not something that can be dismissed easily since it can literally be life and death for people on the edge. Again we said it is a strand of thought, and it may be
A final controversial thought is in regard to the meme that capital will always follow the highest rate of return. In general this idea often tends to perpetuate the idea that the receivers of capital are beholden to the lenders and must make their projects 'fit' the conditions of the lenders. The argument is lengthy and not necessarily incorrect but it depends on a lot interpretations. However, such a frame does seem to contradict the needs of the community, so some work might yet need to be done to get these contrasting lenses into a singular focus