Financial Capital: Difference between revisions
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Financial capital, as opposed to real capital (land, machines, physical goods) is ethereal form of capital encoded as digits in electronic accounting systems - also known as money. This money is distributed and allocated according to centuries-old principles of resource allocation, typically resulting in large accumulation of wealth and a [[Gini Coefficient]] above 0.5. From Open Source Ecology's perspective, the opposite of Financial Capital can be defined. In particular, we are interested in startup funding. For startup funding, instead of financial capital, OSE prefers distributed capital in the form of [[Open Source Social Capital]] | Financial capital, as opposed to real capital (land, machines, physical goods) is ethereal form of capital encoded as digits in electronic accounting systems - also known as money. This money is distributed and allocated according to centuries-old principles of resource allocation, typically resulting in large accumulation of wealth and a [[Gini Coefficient]] above 0.5. From Open Source Ecology's perspective, the opposite of Financial Capital can be defined. In particular, we are interested in startup funding. For startup funding, instead of financial capital, OSE prefers distributed capital in the form of [[Open Source Social Capital]]. Although ''social capital'' appears to refer to services, this capital produces the hardware capital (goods and materials) necessary for enterprise startup. | ||
Revision as of 00:18, 24 December 2020
Financial capital, as opposed to real capital (land, machines, physical goods) is ethereal form of capital encoded as digits in electronic accounting systems - also known as money. This money is distributed and allocated according to centuries-old principles of resource allocation, typically resulting in large accumulation of wealth and a Gini Coefficient above 0.5. From Open Source Ecology's perspective, the opposite of Financial Capital can be defined. In particular, we are interested in startup funding. For startup funding, instead of financial capital, OSE prefers distributed capital in the form of Open Source Social Capital. Although social capital appears to refer to services, this capital produces the hardware capital (goods and materials) necessary for enterprise startup.