Re: ECON: A change of heart (was: ECON: the abolition of work)

Warrl kyree Tale'sedrin (
Thu, 30 Apr 1998 10:50:46 +0000

> From: Dan Fabulich <>
> Why is this relevant? Because this means that it is wrong headed to say
> that "work" must always be done. Wealth must be exchanged for wealth, but
> wealth comes from CAPITAL, not work.

More completely, wealth comes from the intelligent application of
capital to other capital to fulfil a desire.

(If your desire is to have a drainage ditch, human capital in the
form of labor capacity should be applied to material capital in the
form of earth-moving equipment, and the combination applied to
material capital in the form of carefully chosen real estate.)

However, neither the amount nor the form of the capital dictates the
amount of wealth produced. That is determined by the desire: how
many people have it and how much wealth they are able and willing to
dedicate to fulfilling it.

If the amount of wealth produced exceeds the amount of capital
consumed, then there is a profit.
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