A Working Definition Of Capital.

Capital is what makes available goods and services in the future and it is what makes possible any and all improvements of the goods and services available. At the same time it is what pays the income of those who are a part of the production process, whether that production is for goods and services available right now in the market (unless revenues exceed costs), or whether that production is for goods and services that will come into the market in the future.

There is no person in the world that is not a beneficiary of capital.

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