Capital is not the accumulated stock of assets but the POTENTIAL - TopicsExpress



          

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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