Capital is not the accumulated stock of assets but the POTENTIAL it holds to deploy new production. This potential is, of course, abstract. It must be processed and fixed into a tangible form before we can release it- just like the potential nuclear energy in Einsteins brick. Without a CONVERSION process - one that draws out and fixes the potential energy contained in the brick - there is no explosion; a brick is just a brick. Creating capital also requires a conversion process. Chap3,p42, par3.. The Mystery of Capital- Hernando De Soto My Comment: Imagine this happening for Filipino Human Resource Capital. We need a Catalyst which can be a sound idea for Good Governance so that human capital will cause a KABOOOOOM! Thats what I deeply desire for our country and our people. For them to reach their maximum human potential. That would be tremendously significant and historic!
Posted on: Wed, 24 Dec 2014 08:13:29 +0000
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