HUMANE CAPITALISM AND HUMAN CAPITAL: THE ECONOMIC CALCULATION FUNDAMENTALS

Alexandru Crişu, Mihaela Iacob and Octavian-Dragomir Jora
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Alexandru Crişu: Romanian-American University, Bucharest
Octavian-Dragomir Jora: Academia de Studii Economice din Bucureşti

Romanian Economic Business Review, 2015, vol. 10, issue 4, 44-51

Abstract: Capital structure, whatever its form, derives from the various resources used in order to make profit. Such structure undergoes constant change and is subjected to the two forces acting on a market – supply and demand. A sharp switch in the consumers’ preferences might lead to severe changes on themarket, on the one hand the elimination of some economic operators and on the other hand others’ unexpected and sudden success. Thus, phenomena occurring in a given economy can fully change the way resources are allotted, as well as their value and efficiency at a given time.

Date: 2015
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