2017-11-16
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with ordinary capital (money) reproduction on an enlarged or expanded scale.
- Doing business and making money = getting money.
- Invest that money in expanding your business.
- More money available.
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Image of investing in factory machinery
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knowledge capital Expansion and reproduction in
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Doing business and making money = getting money.
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Invest that money in knowledge acquisition.
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Based on that knowledge, you get a lot more knowledge.
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You get more money for your knowledge.
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SOC in extended reproduction
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Doing business and making money = getting money.
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Invest that money in social capital (internal and external contacts, good corporate culture, etc.)
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Based on that social capital, more social capital and knowledge is available.
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More money is available through social capital and knowledge.
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What is personal connections, a type of social capital?
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It’s not “I know.”
- I know about Mr. XXX - so what is it?”
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Rather, it is “known.”
- And of course, “known in a good way.”
- May be read as “there is trust”
- You can influence their behavior.”
- Specifically, for example, they can accept “Would you like to have a lunch meeting?
- Holding a busy manager for an hour is a pretty high hurdle.
- It’s not the same as running it on an order based on employment.
- It’s influencing their behavior with a “salary” monetary compensation.
- Management of relationships with people who are generally not in a hierarchical or employment relationship.
- Specifically, for example, they can accept “Would you like to have a lunch meeting?
- And of course, “known in a good way.”
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Communities where the appeal of acquaintance is valuable. Interesting perspective on the growth of social capital.
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Financial capital does not grow on its own.
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Financial capital grows in ways such as owning equity in a growing business
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Knowledge capital does not grow on its own.
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Knowledge capital grows by exchanging it with people who have a lot of different knowledge capital from you.
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Social capital grows on its own.
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Because we are essentially growing “human beings”.
2024-01-29
- Not enough understanding in 2017.
- There is no need to convert knowledge capital or social capital into money in the middle of the cycle with respect to its expansion and reproduction.
- I’d rather reinvest without converting.
- There are resources that can be procured with money and resources that are difficult to procure: resources that cannot be procured with cash
- Money does not change everything: Cash is weak capital.
- Only resources that can be procured with money can be acquired after converting to money.
- There is no need to convert knowledge capital or social capital into money in the middle of the cycle with respect to its expansion and reproduction.
orthographical variants
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