Colin,

On Mon, 26 Jan 2004 20:49:36 -0700, Colin Constant wrote:

> >
> >This argument shows a fundamental misunderstanding of the meaning and basis
> >of capitalism.
> >
> >Capitalism is about the right of each individual to control their own
> >capital. Capital is far more than money. (Money is of course just a "place
> >holder" to represent capital). Capital can include financial assets (or
> >things that money can buy), health, enjoyment of life and more.
>
> This argument shows a fundamental misunderstanding of the meaning and basis
> of capital.

Did you read the rest of Russell's post?  I must admit that I sat up when I read the above, but the rest
explains it very clearly and I find myself agreeing with most of what he said, including his definition of
capital.  Unless you are restricting it to its definition in the realm of economics, where it is a very
limited technical meaning, in which case it has very little to do with the subject of this discussion.

Cheers,

Howard Winter
St.Albans, England

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