13-5a The role of capital is to advance men in time toward their objective in producing consumers’ goods

“If I have seen further, it is by standing on the shoulders of giants.” – Isaac Newton

“He who possesses capital is that much further advanced in time on the road to the desired consumers’ good.”

Next:

• 13-5a1 Civilization advances by virtue of additional capital
• 13-5b The capitalists are the only ones who spend money on labor, land, and capital goods

Related:

• Build what consumers would want
• On time
  • 2-1a0a1 Don’t waste time unnecessarily complicating things
  • 3-1c3c3a2 Time spent doesn’t mean much
  • 4-1a4b6a0.3 Time is money means money is time
  • 13-4 Time is scarce because action involves choosing one thing over others