Seems to me capital is not just ordinary resources.
More like when preservation or a positive return is intended in a businesslike situation, even though negative returns are often encountered.
Other people's money can be used to leverage some amazing outcomes.
When capitalism is dominated by greedy capitalists, basic needs are not intended to be taken care of, since no return on that type investment can be recognized.
When capitalism is dominated by benevolent capitalists, basic needs are intended to be taken care of, since huge return on that type investment can be recognized.
pizzazzaro wrote:
>So... How are we to ensure that we have these "benevolent Capitalists"?
Good point, that's a tough one. Sometimes there will obviously be a devastating shortage, or none available at all.
Maybe the only benevolence some cultures will be able to muster is an incomplete removal of opportunity.
I would estimate real benevolence should be obvious to the widest of consensus, and easily distinguishable almost universally from situations where there is some doubt.
Not saying it's easy or possible to ensure anything, especially an anti-greed approach during a greed-power consolidation trend lasting longer than a lifetime.
More like when preservation or a positive return is intended in a businesslike situation, even though negative returns are often encountered.
Other people's money can be used to leverage some amazing outcomes.
When capitalism is dominated by greedy capitalists, basic needs are not intended to be taken care of, since no return on that type investment can be recognized.
When capitalism is dominated by benevolent capitalists, basic needs are intended to be taken care of, since huge return on that type investment can be recognized.