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I = S - M

The modern way of thinking about economics has been I = M - S Where I is the I as in me, M is what is 'mine' and S is what ...

3/15/15

Society is not simply a group of people. Society is a group of people with interrelationships. --Gandhiji

In our busy modern lives we often overlook the simple fact that wealth is relationships and that the concept of capital that really matters is social capital. 

Capital is accumulated wealth. Social capital is the web of relationships and interrelationships created over a lifetime and across generations. If we want to strengthen our society we have to start building social capital.

This takes times. It requires a lot of effort. What was once natural and effortless becomes with neglect something that takes a lot of rebuilding. A lot of energy.

I have a group of seven students from Brazil who are trying to understand American society. For them a society with interrelationships is very much alive and active. They do not understand how so many of their American counterparts, the seven students from the United States, young working adults, high school graduates, good, responsible people have been homeless for part of their lives. 

The more modern society is, the more money capital it has, the poorer it is in social capital. That is the work ahead of us. 

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