Semi-Academic Eric’s Reviews > Stewardship and the Creation: LDS Perspectives on the Environment > Status Update

Capital is a complex economic concept but can best be understood as anything that has the capacity for useful work. Money is one form of capital in the exchange economy because it can be exchanged for work... financial capital [is] not the most important form of capital. Human intelligence and habits of industriousness [are] forms of capital according to our definition of capital as the capacity for useful work.

"helped them establish a state of prosperity"... "The riches of the kingdom or nation do not consist so much in the fulness of its treasury as in the fertility of the soil and the industry of its people." Brigham Young; "three types of capital and their priorities: fertility of the soil, industry of the people, and the fulness of the treasury."

It's good to review this, The Foundation of Wealth in the Great Economy. "energy systems theory."

Accounting systems are invaluable tools for steward[s] over the resources of an organization. ...a steward over the financial resources of a business... must have access to a financial accounting system that accurately tracks cash flow... If one aspires to be a steward over a human dominated ecosystem, one must have an energy accounting system that accurately tracks the energy flows into and out of the ecosystem.

Relationship between types of capital

The Foundation of Wealth in the Great Economy