Capital
is accumulated wealth employed reproductively. Hoarding is amassed wealth put
away for preservation or future use. Reinvestment
- that is what separates the two. Capital is alive. Capital can be the heart
that supports Labour. Capital can work for money, so we can Labour for love. Buffers
may appear to be Hoarding rather than Capital.
Because Buffers can’t really work that hard. “A little extra” put aside
in case. An Emergency Fund. Say 3-6 months spending if you live mostly hand-to-mouth.
In case your hand gets hurt, its work gets interrupted, or something out of the
ordinary attempts to knock you off course. It is working, but more as a private
security guard, who you hope largely does nothing. Hoarding is when this gets
lazy and wasteful. When it isn’t doing anything of value. A Buffer isn’t Hoarding.
It lets you breathe. It lets you look up and plan. It stills the waves so you
can set sail.
No comments:
Post a Comment