via Luke Weinhagen @LukeWeinhagen: A more complete accounting is emerging. Where

via Luke Weinhagen @LukeWeinhagen:

A more complete accounting is emerging. Where the success of a people can not be abstracted to economic success or technological success, but must explicitly describe the well being of the people themselves – which all other metrics were intended to serve not supplant.

It’s outpacing us a bit. This would be a good leverage point for our articulation of the distinction between the elite and the aristocrat.

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CD: balance sheet accounting of capital and in particular class and age differences in capital that people can rely upon instead of just income they can.
Private capital is a means of escaping the limits of common capital. That only requires we manage and measure common capital.