Definition of Capital (Money)

The term capital is the one used to refer to money or money. heritage monetary than a person, institution or entity may have. Capital is within the socioeconomic system known as capitalism the fundamental element and from which not only all economic ties are linked, but also social ties. According to this system, capital is what puts in functioning the different economic activities that have varied from the commercial sector through the industrial sector to the financial sector today. These economic activities and the accumulation of capital is according to this system the parameter of success and social triumph that allows lead a life of comfort, luxury and supposed tranquility that is established around the material rather than the spiritual.

Capital understood as a material good is in the present the most precious asset that a person can have since it is understood as the element that allows one to lead a dignified and comfortable life. Capital is nothing more than money that the person receives in exchange for making some type of

economic activity, professionally or not. This money you receive is proportional to the effort, training or experience that that person has and that is why hierarchies of salaries or pay are established.

Capital makes the person able to consume material goods of any kind, as well as cultural and non-material goods such as travel and access to different shows, exhibitions, etc. Capital is ultimately what organizes social life today and has been this way since the fourteenth century, when the feudal system began to decline.

Although the defenders of the capitalist system and of capital as a central element of the same maintain that based on this model the people can achieve success with their own effort and experience, reality shows that the capitalist system is a system that is based on on the training hierarchies and inequalities that the person, immersed in structures much more powerful than himself, cannot face.

Issues in Capital (Money)