Real Wealth – The Eight Forms of Capital
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The elite also steal much of the money they have; being at the top and changing laws in their favor assists in gaining what they have.
Regardless of what "capital", it is subject to "control" by the "few".
THIINK AGAIN
Great info!!!! :-)))) Please more of it. 🙂
You should do a video that ranks these in order during good times when civilization are riding high … and bad times after civilization collapses. You might find they rank in reverse order!
u say social captial is hard to take away
id say its the least reliable of the ones u listed – waifu takes kids is dank meme for reasons
Thank you for your good presentation. Social capital is what protects financial, material and natural capital. Without social capital those three will be depleted very fast. I know this from being boycotted out of business for 6 years due to name shaming. This is also the reason why communists always focus on breaking down social structures before they start expropriating property. Without social capital it is almost impossible to apply human, spiritual and cultural capital to regain the physical capital. In my opinion social capital is the most important of all.
Social capital has been grabbled by social media.
How have only 22k people watched this?!?
I like your videos very much! Not only intellectual, well considered, and clearly presented, they are also instructive in terms of skills to be gained, and especially that they're buoyed by hope: not the frightening and oppressive "End of Days" warnings that make it sound as though I'm already doomed.
I'm a good gardener & cook, worked in a greenhouse (and had my own), restaurants/grocery chains, raised bees, published writer, former college professor, near-marksman level shooter (Navy), don't get rattled, get along with virtually everybody, and whatever I'm doing I give it my best. Not-perfect is OK, but it's got to be my best. It's practice not perfection, as the adage goes.
Right now I'm in a little studio in the center of San Francisco, but I feel better already! I think I'll skip over to Zillow and start looking for a 1/4 acre, 'For Sale by Owner' opportunities in the PNW. And maybe a Tiny House construction course.
Thanks very much, Curtis!!! I'll keep watching!
the word you are looking for is WISDOM, knowledge gained through experience is called wisdom. you can not learn wisdom from any class or book.
A practical aspect of cultural capital is storytelling that gives you what you need to push through hard times. Every society on Earth has developed stories that train people in courage and problem-solving, as the listener vicariously becomes the hero and learns through his or her experiences–nobody bothers with stories where there's no problem to solve. We want dragons because we have problems that feel like dragons to us and we want to know that we can slay them.
This is how inequality happens–not just in stripping away financial capital, but stripping away cultural capital. Punishing kids for speaking the language in which the stories make sense, or dragging people in chains away from the storytellers, or killing all the bards like the Soviet Union tried to do. You can only oppress people who have lost their stories, and oppression flounders when people get their stories back or make new ones. Then they can find the courage to overcome anything.
Human ability to make and use up capital is also important. Experience in the form of organization and practice is just a small part of our potential to work. A person who is too sick to work or is impaired by drugs is unlikely to obtain more capital. If things go particularly badly (say a stroke), even consuming any capital toward one's own benefit becomes moot.
You should get on the future thinkers podcast, I'm sure you guys would have a very interesting conversation
Recently found the channel. Really appreciate your experience and advice on making sustainable farming work. Your right-libertarian take loses me and I'll explain. The vast majority of the kind of wealth that belongs to wealthy people is based in fraud and the "social capital" where those other wealthy people who are complicit will always prop them up if they are caught and have something like a CEO position taken away. It isnt simply thay the wealthy are mostly self-made professionals who became the best in their craft. They inherited, they scammed people, they wrote the laws to create loopholes to make their shenanigans legal, some even formed a rape club like Epstein. These people do monsterous things to have the massive amounts of control over our governments, land, housing, food, and all other sectors. Where there are heirs inheriting billions worth of assets, where corporations are considered people and have assets to rival large nations and immortality besides, the point about inequality from the left is to use our governmental mechanisms to rival the fascistic control of the corporate, emperor like bezos types since it is supposed to be a 1 person 1 vote mechanism (obviously it could use some work). 21st c. socialists argue that a democratic government isn't enough. We have to also have 1 person 1 vote decisionmaking in our economic livelihoods as well, and that system should be more decentralized than just putting it all in the government's hands. The goal is not as much about stopping all inequalities which exist, but to have an upper limit so nobody gets to be a tyrant. Because monetary capital means less and less the more you have of it, graduated taxes are a way of ensuring that we invest in society fairly. Taxes pay for the public goods and services, and insurances we all rely on, and someone making 20k per year paying 2000 into that system is a much bigger investment taken from their budget that the guy making 500k a year and paying in 50k. The second person has 450k left while the 18K person is barely scraping by. Chances are the 500k per year person wasnt working 50x harder amd yet they can purchase so much more control in the form of political donations and lobbying. Seems like that is a problem with allowing some to control too much financial capital.
9:44 "Purpose" to me is an intellectual construct created since humans appeared– however one chooses (a motivated action) to view the source of that creation. So I'd posit the way you describe Spiritual is more "Human" than Spirit as "religions" define it. For me Spirit is the Father (and his son Jesus Christ) of Creation who imbued us with Spirit and granted us free will. (Maybe Owen would say this is Bible lawyer-y.) Thank you for this precis of your longer pieces!!
following an ecosystem restoration course…listening about bitcoin/crypto. NO WAY. LOL and Hayek! and Jazz! super 360 preso. ah did i mention? i work on blockchain for a bank…lmao
Where does informational capital fit in?
Curtis, you are dangerous with a pen and whiteboard. Step away from the board please before I die laughing at your spelling. Especially funny because you are so knowledgeable and well read.
Parts of Social Capital are endogenous (your people skills), but parts are exogenous (the impressions other people have of you). Cancel culture is a method for attacking the latter.
Greg who???? La-doo-wa???
Youtube highimpactflix
Youtube minivanjack
Our capital is 500 facecord of wood. 500 this year. 500 next year. And one more year after. Then everything is paid for. Only 5000 a year in taxes to pay.
Mises economics. Youtube ron paul
We are farmers. We are wood cutters. We have ten acres of organic gardens. We have 46 acres of forest. We have 28 acres of empty land
The kjb is the word of god. Jesus is god almighty
Really awesome, I would like to say I believe cultural capital can be in a sense taken away and or changed via modern social engineering tools. Great video man
Excellent content and well presented. Nice work.