I found the concept of
capital to be an idea with multiple facets. However, I found that it is
important in nearly every aspect of business creation and success. With a
simple use of Wikipedia, I was able to determine that there are several types
of capital, and nearly all of them can be associated with businesses. Capital can
range from types of investments, cash flow, profits, ideas, resources, and even
relationships between individuals; all associated in terms of business.
In terms of our
association in addressing social issues, capital can be the most volatile factor
when it comes to how businesses manage themselves in the social eye. They start
off with smaller expectations, begun from the investment of financial capital
by investors, loans, or personal jump-starting. Then the company begins to
grow, spanning out into different methods of production. Different areas of
capital begin to form; relationships, resources, and cash flow are beginning to
dictate the direction and growth of the company.
Capital is both an asset
when it comes to creation of the company or business in question, but is also
highly important when it comes to how the social problems are formed. Issues of
the social type can always be classified by a discrepancy in how this capital
is prioritized. More attention paid to a certain form of capital in terms of
importance to the company can diminish the attention paid to the value and
scarcity of another. This is where we find ourselves at odds with ideas such as
the rights of farmers, globalization, media concentration, industrial food,
etc. The priorities of certain issues of capital have been set aside as
insignificant in terms of the larger company, whether it be the idea of
relationship capital, financial capital, ideas, or resources. If one concept is
prioritized differently, there will be controversy.
