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Gordon's avatar

One aspect of capital that you did not address today (maybe another day) is the accumulated knowledge that allows us to build capital. The inventors, scientists, engineers, and others who have, step by step, figured out how to accomplish all the work that is necessary to maintain our modern lifestyle are a crucial aspect of our accumulated capital. And of course, all those millions of specialists who keep it all working smoothly, more or less. I sometimes worry about the fragility of it all, but since there is nothing I can do about it, I try to focus on other things.

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Michael L. Martin's avatar

Unfortunately very few people are as aware and think the way you do, Bill.

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