Surprising the (thought of too late) proper answer to Romney’s silly statement that: Corporations are people too… would be how I ended my post below, which is the headline above. People are capital, too.

Which means just like you have to invest in physical capital, one has to invest in human capital too.. Ironically the wisdom of this disappears in corporate boardrooms. They look at how to use capital to achieve more profitable ends. Therefore it falls upon the shoulders of Labor Unions, to bring this argument into daily discussion. sometimes by employing the action of a a strike.

Suddenly with a work stoppage, the idea that one needs to reinvest in human beings, makes itself readily apparent.