Does it occur that capital lies, as to what is valuable, and what isn’t, in terms of energy?
Capital, by definition is a fixed quantity of something, created by a fixed number of Joules.
Whereas energy comes exclusively from the sun in Joules per second.
If humanity was solar powered, like nature is, the energy of the sun would be producing a constant flow of kWh. per second.
A kWh is a unit of capital, a fixed number of Joules.
Each one would be additional to the already existing capital on Earth, and there would be a constant flow of them.
So any part created by a fixed number of Joules, would be continuously diminishing relative to the additional capital flowing in.
Now we are at least partially solar powered.
But still we see no accommodation of that in our economy. We still work in terms of a fixed base of capital.
If we accommodated it, there should be a constant amount of stimulus money being issued, and given out for free, to uphold the Austrian Economics ideal of all produce created being balanced by money issued.
The Joules being added by solar power are the same as Joules created by de-creating any fuel created by nature.
But accounting for them would reveal that any fixed holding, or investment, is a continuously devaluing thing including even a piece of gold.
Its value is now something being artificially propped up, by the ommision of solar added energy capital.
Isn’t that capital lying?