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Revision as of 23:02, 13 June 2003 by Jukeboksi (talk | contribs) (on the question of knowledge about capital)
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accounting systems that reliably track disposition and exploitation of capital.

  1. What does disposition mean? especially in the context of capital
  2. I don't see how w:capital(economics) can be expoited. Capital is invested not expoited and the idea is that when invested, capital produces Added value for the investor.
In the process some people will propably get exploited in the sense of not getting a decent compensation for the work they've done compared to the added value they've produced to benefit the investor.
Globalization of the financing sector has led to a situation where investments tend to go to countries where the price of labor and taxation are low, thus increasing the added value produced for the investor, which of course is exploitation in the Marxist sense.

Anyway... If someone has an idea of how capital can be identified (this is a neccessary step to achieve the almost utopian feature of actually tracking capital, please put it in Identifying capital and do bear in mind that there is always the grey economy (tax dodging, pension dodging, falsely claimed subsidies...) and the dark economy (straight out illegal activities like human trafficing, drug trafficing illegal arms trade, bribery, money laundring ...) which will slowly, but apparently inevitably (IMHO) make any accounting scheme more and more inconsistent with the reality of things.

I'd really love it if we could tackle this "what is money, where does it go, who desides where it goes, what it does there and so forth..." swamp of questions. I don't believe we are going to achieve any concrete stuff in the field of tracing capital but it'd be a fun excercise.

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