{"id":6191,"date":"2012-05-11T05:00:00","date_gmt":"2012-04-23T13:57:23","guid":{"rendered":""},"modified":"2012-04-23T19:57:23","modified_gmt":"2012-04-23T13:57:23","slug":"the_sources_of_capital_which_i","status":"publish","type":"post","link":"https:\/\/kk.org\/newrules\/the_sources_of_capital_which_i\/","title":{"rendered":"The sources of capital, which in the industrial age&#8230;"},"content":{"rendered":"<p><strong>&#8230;were once consolidated in a few banks and individual &#8220;capitalists,&#8221; are now fragmenting into millions of networked bank accounts, mutual funds, and private investments throughout society.<\/strong> Elite, centralized banks used to have a monopoly on capital&#8211;the engine of capitalism. Bankers loaned their assets as debt, and from this debt, industry rose. But <span class=\"nr-highlight\">with increased knowledge and communication, investors realized that partnerships&#8211;or investments where the investor shares risk&#8211;yield significantly more wealth in the long run<\/span>. <span class=\"nr-emphasis\">Technology has accelerated the migration from making loans to making investments.<\/span> The ease of computerized accounting allows almost anyone with as little as $100 to plug into the network of equity. Despite the rise of a few gigantic global banks, increasing amounts of the wealth are now held in equity, and not in debt. <span class=\"nr-emphasis-less\">Today, for instance, 28% of U.S. household assets are kept in equities&#8211;more than is kept in banks&#8211;and 44% of U.S. households own stock.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;were once consolidated in a few banks and individual &#8220;capitalists,&#8221; are now fragmenting into millions of networked bank accounts, mutual funds, and private investments throughout society. Elite, centralized banks used to have a monopoly on capital&#8211;the engine of capitalism. Bankers &hellip; <a href=\"https:\/\/kk.org\/newrules\/the_sources_of_capital_which_i\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"1","ping_status":"1","sticky":false,"template":"","format":"standard","meta":[],"categories":[207],"tags":[],"_links":{"self":[{"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/posts\/6191"}],"collection":[{"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/comments?post=6191"}],"version-history":[{"count":0,"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/posts\/6191\/revisions"}],"wp:attachment":[{"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/media?parent=6191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/categories?post=6191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kk.org\/newrules\/wp-json\/wp\/v2\/tags?post=6191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}