[..]In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. For example, a stone arrowhead is capital for a hunter-gatherer who can use it as a hunting instrument; similarly, roads are capital for inhabitants of a city. Capital is distinct from land and other non-renewable resources in that it can be increased by human labor, and does not include certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services. Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function. [..]
i think you misunderstand what capital really means..
>Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
Mostly it's about creating imbalances particularly great ones so that power can be projected through coercion. The world runs on on the wealthy getting poor people to do the work they don't want to. With the rise of the finacialised economy we are far away from your definition.
Disagree. Capitalism is based on goods and services. We are not living in a feudal society where wealth is accumulated by labour. Nobody is picking cotton or growing rice on lands to become wealthy. Those days are gone. Wealth comes from services provided by companies like Facebook and Netflix and Amazon etc.
[..]In economics, capital consists of human-created assets that can enhance one's power to perform economically useful work. For example, a stone arrowhead is capital for a hunter-gatherer who can use it as a hunting instrument; similarly, roads are capital for inhabitants of a city. Capital is distinct from land and other non-renewable resources in that it can be increased by human labor, and does not include certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services. Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function. [..]
i think you misunderstand what capital really means..