Author: Zhao Jian
Publisher:
Publish Date: 2006-01-01
Features: Capital, the dominant force in the economy for hundreds of years, still plays an extremely important role today. In the development of market economy, although many non-physical factors have gained a voice, it is undeniable that the authority of capital remains the highest. It still controls the overall trend of economic development. For those engaged in business, capital is absolutely the fundamental force. Without the involvement of capital, business cannot proceed. Many enterprises use capital to name some of their advantages, such as human capital, brand capital, etc. This may indicate the importance of these elements, but fundamentally, it highlights the foundational position of capital. Entrepreneurs have always placed capital in the highest position. "Tongjin" is actually the result of the original accumulation of capital. Enterprises obtain profits through daily operations and then convert these profits into capital, further producing goods. Throughout the process of transforming products into capital, capital is the fundamental element. It is precisely because of its involvement that continuous profits are generated.
The Power of Capital
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