Sunday, 4 August 2013

12 types of capital Y we must learn to be less dependent on Cash.

Prov 23:5
Do not wear yourself out to get rich;
    do not trust your own cleverness.
Cast but a glance at riches, and they are gone,
    for they will surely sprout wings
    and fly off to the sky like an eagle.


Prov 27



23 Be sure you know the condition of your flocks, give careful attention to your herds; 24 for riches do not endure forever, and a crown is not secure for all generations.25 When the hay is removed and new growth appears and the grass from the hills is gathered in,26 the lambs will provide you with clothing, and the goats with the price of a field. 27 You will have plenty of goats' milk to feed you and your family and to nourish your servant girls.

I have noticed that when one is blessed by God and riches are counted there is no mention of money though money did exist. Ones wealth would be counted in terms of the real assets one had.

This again shows me the simplicity in Gods wisdom. God has chosen simplicity to confound the wise if you chose to take Him seriously at His Word you will discover great things.

In this blog I will talk about 12 types of Capital of which only 1 is money. In the above verses Solomon who himself was the richest and wisest of his time discussed the volatility of financial Capital and stability of Natural capital.

WHY SHOULD CHRISTIANS KNOW THIS?

Because you shouldn't go hungry without food or sex (If ur married) unless you are intentionally in a fast. Lack or poverty makes you vulnerable. The devil knows how to capitalize on your vulnerability. Remember how Jesus was tempted when He was hungry and Essau sold his birthright for a bowl of soup? You too should avoid finding yourself weak in a crisis. As the Bible says 

Prov 24:10
10 If you are weak in a crisis, you are weak indeed.

Make sure you are balanced when disaster strikes.

12 TYPES OF CAPITAL.  ( researched from wikipedia)

Capital is said to be the means of production
or as Wikipedia puts it " Produced goods that are used to produce products or services "
or as I put it " things that help you be productive "

1- SPIRITUAL CAPITAL
Spiritual capital is said to be the ability to be productive because of spiritual powers or relations that one has.
First and foremost God is the one who gives us power to produce reproduce and make wealth. 
Deuteronomy 8:18
But remember the LORD your God, for it is he who gives you the ability to produce wealth,

2- HUMAN CAPITAL
 Wikipedia- Human capital is the stock of competencies, knowledge, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value.

In Other words people employed within a company.


3-Individual Capital
Wikipedia-Individual capital, the economic view of talent, comprises inalienable or personal traits of persons, tied to their bodies and available only through their own free will, such as skill,creativityenterprisecourage, capacity for moral example, non-communicable wisdominvention or empathy, non-transferable personal trust and leadership.

In other words you as a person outside/exclusive of a Company or employment.

4-Intellectual Capital
Wikipedia-Intellectual capital is the difference in value between tangible assets (physical and financial) and market value.

In other word the value of the ideas/concepts  

5-Social Capital
WIKI-In sociology, social capital is the expected collective or economic benefits derived from the preferential treatment and cooperation between individuals and groups.

In other words your connections.

6-Organisational Capital
Organizational capital was first defined by Prescott and Visscher (1980) to be the accumulation and use of private infomation to enhance production efficiency within a firm (wikipedia)

In other word How you run things.

7-Public Capital
Public capital is the aggregate body of government-owned assets that are used as the means for private productivity.

In other words Government infrastructure.


8-Natural Capital
Natural capital is thus the stock of natural ecosystems that yields a flow of valuable ecosystem goods or services into the future. 

In other word Natural resources

9-Relational Capital
Relational capital is defined as all relationships - market relationships, power relationships and cooperation - established between firms, institutions and people.

10-Structural Capital
Structural Capital is everything in an organization that supports employees (Human Capital) in their work.

11-Cultural Capital
 This is the wealth you attain by virtue of your upbringing and family background

12-Financial Capital
Financial capital is money used by entrepreneurs and businesses to buy what they need to make their products or to provide their services to the sector of the economy upon which their operation is based, i.e. retail, corporate, investment banking.

This is only one people talk about when they say " I DO NOT HAVE CAPITAL" and I have intentionally put at the end. 

We are so focused on money that we miss so much wealth God has blessed us with.

If you can balance all these forms of capital you will find that finance can account for only 1/12 (8.3 percent) of your wealth or means of producing wealth. No wonder people feel poor they only measure what they can withdraw at the bank.

For us to be free from those who control the money we need to be free from money. This is a concept I have been trying to get across since 2007 Im glad  I was led( I believe), by the Holy Spirit to find an intellectual resource to draw from and back up these claims.

I say this not to boast by to give God the credit that HE laid this in my heart and mind and showed in his Word (the Bible) before I could even read anywhere else about it.

I remember were we discussing with an academic friend as well as relative years ago about wealth and how black people are poor and have nothing and a though quickly dropped in my mind " WE HAVE PRAYER" he dismissed that immediately. 

His academic background had channeled his thinking in a way that limited his perspective. 



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