Styles of capital: Difference between revisions
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[[Accounting standard]]s always start with knowing what styles of capital are. | [[Accounting standard]]s always start with knowing what styles of capital are. | ||
[[Natural capital]] (land), [[financial capital]] (money), and [[infrastructural capital]] (equipment) are the most basic. It is also common now to talk of [[social capital]] (interpersonal and community trust), [[instructional capital]] (like code or claims made in this [[Content Wiki]]), and [[individual capital]] (human creativity which is "used up" as labour). A [[work description]] should indicate when or where any of these are used or used up or stressed or strained or risked. | [[Natural capital]] (land), [[financial capital]] (money), and [[infrastructural capital]] (equipment) are the most basic. The [[ISO 19011]] [[accounting standard]]s put [[ISO 14000]] considerations for [[ecosystem health]] as the most basic, with [[ISO 9000]] labour standards the next most basic. This is in line with economics theories that say that the environment must ways come first, because, it provides things everyone needs to stay alive. | ||
It is also common now among accounting gurus to talk of [[social capital]] (interpersonal and community trust), [[instructional capital]] (like code or claims made in this [[Content Wiki]]), and [[individual capital]] (human creativity and skills bodies are trained in, which is "used up" as labour the same as equipment is used up in production). [[Richard Florida]] has made an analysis of [[urban ecology]] which shows that human creativity is the major economic driver of urban areas - he built it on an analysis of [[Jane Jacobs]]. | |||
A [[work description]] should indicate when or where any of these '''styles of capital''' are used or used up or stressed or strained or risked. However, to know where actual human patience or [[social capital]] is involved is difficult. [[Troll]]s explore this on a regular basis as part of their work. | |||
== External links == | |||
*[[w:capital_(economics)|Wikipedia: capital (economics]] | |||
*http://www.lho.org.uk/meth/socap.htm - methods of [[social capital]] measures | |||