Today we continue an 8 part series on applying permaculture principals to your business based on the article 8 Forms of Capital by Appleseed Permaculture.
In part three we discuss the concept of Material Capital, from the article
Non-living physical objects form material capital. Raw and processed resources like stone, metal, timber, and fossil fuels are ‘complexed’ with each other to create more sophisticated materials or structures. Modern buildings, bridges, and other pieces of infrastructure along with tools, computers, and other technologies are complexed forms of material capital.
In our businesses we can look at material capital in a variety of ways,
1. The material assets of the business
2. The “non phyical products” of the business
3. Software, procedures, protocols and systems
4. What material capital teaches us about what I call a “capital litmus test”
Join me today as we take these concepts and examine them at a deeper level.