1) natural capital - the economic value of land, water, timber, and
subsoil assets
2) produced assets - machinery, factories and infrastructure
3) human resources - the value represented by people's productive
capacity and
4) social capital - the productive value of human organizations and
institutions such as families and communities.
"If a nation is increasing its income by stripping away its wealth -
selling natural assets such as oil, coal or forests and spending the
income on consumption rather than investment, the system reveals a
negative savings rate. Under this system the US comes in 12th".
I've used this article as a discussion piece for Human Resource
Development, Training and Development and Compensation classes.
I ask students to think about the design and implementation of such
new criteria into the work place as a measure of success.