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Infrastructural capitalInfrastructural capital (economics) refers to any physical means of production or means of protection beyond that which can be gathered or found directly in nature, i.e. beyond natural capital and that which is not considered as "fluid capital". It may include tools, clothing, shelter, irrigation systems, dams, roads, boats, ports, factories or any physical improvements made to nature. This term can overlap with the notion of internal improvement. In macro-economics the term "infrastructure" usually refers to the added-value of a nation-state relative to the raw natural capital of its ecoregions, e.g. dams, roads, ports, canals, sewers, border posts, etc. - although it can also be used to describe firm-specific infrastructure such as factories, private roads, capital equipment, and other such assets. The more generic term physical capital is sometimes used to refer to any combination of either infrastructural capital and natural capital -- recognizing that often an infrastructural improvement, e.g. a dam or road, becomes impossible to differentiate from the natural ecology within which it is embedded. Although it is confusing to consider personal property carried on the individual human body part of an "infrastructure", it is also contrary to refer to joint products of nature and man as being "manufactured" or "built" rather than as being "grown" or "developed", e.g. vines or other plants which grow on a manmade trellis. As both infrastructural and natural capital serve as means of production and means of protection from the elements, macro-economists rarely differentiate the two in their analysis. However, from a public policy point of view, infrastructural capital is prone to more obvious and significant breakdowns and is usually a cost center: "It will always be easy to tell the infrastructure from nature. The infrastructure will be the part that doesn't work." - Sean McShane, 1999. Infrastructural capitalRemoved from article: :"Infrastructural capital is non-natural support systems (e.g. clothing, shelter, roads, PCs) that minimize need for new social trust, instruction, and natural resources." - Hubley, cited in Harding. :[http://www.lho.org.uk/meth/socap.htm Harding, citing Hubley's six styles of capital] because Hubley (a.k.a. User:24.150.61.63) was the person who inserted it into the article. Wikipedia is not a place to put your own opinions... User:Enchanter Infrastructural capital is not a well-defined term. It could even be considered a neologism. The usual term for what the article describes is physical capital, which does not include natural capital. see eg "Infrastructural capital which is a broad category of assets that contribute to how an organisation conducts business; such as processes, financial relationships, communication systems, information systems, philosophies, and financial structures (Brooking 1999)." [http://www.ncver.edu.au/pubs/falk2001/ch18.pdf] for a rather different definition (more like social capital). User:Rd232 18:12, 14 Jan 2005 (UTC) See other meanings of words starting from letter: IIA | IB | IC | ID | IE | IF | IG | IH | IJ | IK | IL | IM | IN | IO | IP | IR | IS | IT | IU | IW | IX | IY | IZ |Words begining with Infrastructural_capital: Infrastructural_capital Infrastructural_capital |
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