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Re: Surplus Wealth; Geopoltical Expansion; the New Frontier

TPMacD@xxxxxxx wrote:
>
> Capital is formed when individuals within an economic system find themselves
> in possession of purchasing power in excess of what they require to satisfy
> their own, personal wants and desires.

Why does voluntary saving in the form of an asset require a reward?

>
> Purchasing power can be "excess" only if our wants and desires are limited.

Then, there are no constraints on the capacity to produce!

>
> Therefor, the existence of capital proves that our wants and desires are
> limited.

Does the rejection of economics lead to the rejection of UM theory or is
it the other way around?

Chas
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