Comments on: People are not capital https://blog.p2pfoundation.net/people-are-not-capital/2010/05/27 Researching, documenting and promoting peer to peer practices Sat, 29 May 2010 06:39:25 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Kevin Carson https://blog.p2pfoundation.net/people-are-not-capital/2010/05/27/comment-page-1#comment-429504 Sat, 29 May 2010 06:39:25 +0000 http://blog.p2pfoundation.net/?p=8785#comment-429504 Even treating workers as capital would be a big improvement over the status quo. At least they’d be treated as an asset instead of just an expense. As it is now, the dominant model of management accounting in corporate America treats labor as the only direct/variable cost to be economized on, whereas capital expenditures and administrative costs just go to general overhead. For the MBAs to recognize that the skills, tacit knowledge and relationships of their workforce are something of value, and that that value can be destroyed by downsizing with long-term costs to productivity that dwarf the apparent short-term savings, would be a huge step in the right direction.

]]> By: Brian https://blog.p2pfoundation.net/people-are-not-capital/2010/05/27/comment-page-1#comment-429411 Thu, 27 May 2010 13:26:51 +0000 http://blog.p2pfoundation.net/?p=8785#comment-429411 Excellent point!

We must continue to engage people of other nations where they are, and ‘inspire’ them to take control of their own destinies. A good place to start would be the Horn of Africa…before it is too late.

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