Sunday, June 17, 2007

Money is something that you spend from a pay check.
Capital is controlled by bankers and the agreements they have.
Capital is deployed.
Money is spent.

There is an excellent lecture on economics and globalization by Jim Cramer from Clark University in Washington. 2 hours long but full of insights.

http://video.google.com/videoplay?docid=-345721242223597335&q=lectures+business+globalization

Capital should be deployed to create wealth. Wealth is measured in terms of property and valuable commodity. Infastructure is a subset of property in that it is a requisite structure required so that commerce can occur and more wealth created.

Under infrastructure is included education and healthcare, communications.

Treat people as slaves and you will get revolt attended by destruction
Treat people as citizens with hopes and dreams and you get a creative civilization
Treat people as spiritual beings and the civilization will thrive as a golden age.

That is how I see it.
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