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Figure 7 Types of Capital and Ownership |
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Figure 7 Types of Capital and Ownership |
In Figure 5 A Metabolism Model, the upper half routine corresponds to the circulation of information, while the lower half routine corresponds to material circulation. In this context, capital can be classified into two categories: material and intellectual.
From a global viewpoint, all material resources are finite in quantity, and in principle should be constantly conserved and owned and managed in common, i.e. And although there is no limit to the development and possibilities of individual intellectual production, such production should be utilized by society.
Therefore, as a consequence of the metabolism model, material capital should be owned by society and the rights to its use should, as a rule, be owned by individuals. The nature of the rights to such use would then be intellectual capital generated by intellectual production, as shown by Figure 7 Types of Capital and Ownership.