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Which do you think is better for economic growth. Human capital is the economic model that consist of humans with talent and education who create production with their talents. Technology and innovation are the drive of economic growth.
Finance capitalism is the model in which profit is made by investing in stocks and bonds. Many of it involves risks. Financial bubbles are a good example of finance capitalism.
In my opinion, the US can not become prosperous again until it invests in education. We need educated people to compete on the global scale.
We can no longer depend on an economic system that involves risks and stunts economic growth.
Bubbles are not economic growth.
Don't we have a free public education system in America?
The left always speaks to the importance of education but never admit that the system which we currently have is inadequate.
Whenever people talk about education reform, we get the same answer...."Conservatives don't want education!".
It would help if the OP knew the correct definition of the terms they are banding about because they are not in conflict.
In economic terms, human capital is the amount invested into a person which makes them more productive or raises the value of demand for their services. One should argue that in order to finance capitalism to be productive it would depend upon higher levels in investment in human capital to work because it is a field of economic endeavor that requires a highly skilled and educated workforce so the choice could not be between finance capitalism and the human capital necessary to make it work.
Perhaps you are trying to draw some distinction between finance capitalism and let's say manufacturing? If that is the case, you need to restate your poll.
It would help if the OP knew the correct definition of the terms they are banding about because they are not in conflict.
In economic terms, human capital is the amount invested into a person which makes them more productive or raises the value of demand for their services. One should argue that in order to finance capitalism to be productive it would depend upon higher levels in investment in human capital to work because it is a field of economic endeavor that requires a highly skilled and educated workforce so the choice could not be between finance capitalism and the human capital necessary to make it work.
Perhaps you are trying to draw some distinction between finance capitalism and let's say manufacturing? If that is the case, you need to restate your poll.
Not quite
Human capital is generating wealth through the production of workers. Finance capitalism finds its wealth in fictitious capital, which Karl Marx coined.
Did you count the total value of the land it owns?
GDP is not based upon assets.
Have you ever considered a basic class in economics? I am sure there is a continuing education programs somewhere in your area. You should look into it.
Have you ever considered a basic class in economics? I am sure there is a continuing education programs somewhere in your area. You should look into it.
I was asking specifically about wealth. Land is wealth, isn't it?
Actually that sounds very close to Karl Marx's concept of labor power.
Do you agree with him?
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