21 November 2010

What comes from an inalienable place

Financial capital has the character that it can produce income without the owner working for it. Financial capital thus is a substantial source of unearned income. Unearned value thus crowds out earned value. The type of value – earned versus unearned – thus has a quality parameter associated with it. 
The crowding out takes place not because of insufficient information but because of human nature. The application of the concrete, inner, personal will is something that works well in craftsmanship but not in trade. So the market favors the extractive endeavor while gift exchange favors creative endeavor. 
What comes from an inalienable place doesn't want to be sold, it wants to be given away because that inalienable place is experienced as a gift. 

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