Capital – Culture and society – Economy and Finance
We explain what Capital is and what the ways are to obtain it. In addition, the meanings of this term are in various fields.
What is equity?
The term capital comes from the Latin capitals. The concept of Capital has different meanings, depending on the context and discipline used.
In economics, reference is made to the term capital as value. At first, it was used as a synonym for money. As this money is invested, it becomes one of the factors of the production process, just like the labor force and the land.
Some examples of Capital in the production process could be materials, machinery, computers, raw materials, and real estate, among others. In turn, Capital is used to gain access to the labor force.
Other authors define Capital as the total assets or assets, whether state, private, industrial, etc. It fulfills the function of producing new wealth or profits, either through investment or loans.
There are various ways to access Capital. One means is through surplus production, and another is thanks to work done on the natural environment, for example, the exploitation of forests or lakes. Another means of access is thanks to savings and from the conception of Marx from surplus value.
When the concept of Capital is often used, it refers to one of the works of the thinker above, Karl Marx. His treatise, Capital, is a critique of political economy. The relationships between the social classes defined by Marx, such as the proletariat and the bourgeoisie, are described. At the same time, it explains how the second act dominates over the first. This book has been elementary to understanding the functioning of the capitalist system. It is also studied not only by the economy but also by political scientists, philosophers, sociologists, etc.
Authors such as Pierre Bourdieu affirm that Capital exceeds the material, that is, money and goods, which he calls symbolic and cultural Capital. This term includes values such as generosity, honesty, and the know edge acquir.
The way to access this Capital is diverse. In some cases, it may be through experience, and in other cases, it is acquired through institutions, for example, education. This Capital is used as a power to preserve and increase the Capital itself.
Other types of Capital
From the physical and political point of view, it is understood that the Capital is a head and principal city of either a national or provincial state. Usually, these cities are characterized by being the economic and political centers of these states. In turn, they are usually the cities with the largest population. The capitals are often used asments of the nations.
The Catholic Church’s concept of Capital, is related to the seven deadly sins. These are understood as sins that give rise to others. These seven are gluttony, avarice, lust, pride, anger, sloth, and envy. Catholicism understood that these vices were contrary to Christianity’s morals and teachings, which is why it openly repudiated them.
