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Economics of Intangible Investment
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282 b
30 dní na vrácení zboží
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The amount of physical matter in the world is fixed and improvements to people's material circumstances are only brought about by their ability to reconfigure this matter. What distinguishes labour, and subsequently what allows for better or worse reconfigurations of this matter, are the capabilities, skills and understandings of the labour force as a whole. In addition, the way society synchronizes these individual talents and pieces of knowledge is significant. This text sheds light on the emerging confluence between labour and industrial economics: the view that labour-as-capital is the dominant factor of production. This factor is commonly embraced under the term "intangible capital". The author examines the process by which firms accumulate intangible capital assets using a post-Keynesian perspective.
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