Financial Capital vs Human Capital? - 2

From roughly six hundred years ago.. When people Europeans started embracing a culture of learning there was an explosion of wealth and commerce that lasted till the late 1900s. During that period the scarce resource in besinness was "financial capital".. Which, if you had, you had the means to create more wealth but it you didn't have, then well, you didn't.

However, that world is gone now.

Today, in a change that is historically quite sudden, financial capital is abundant. The scarce resource is no longer money. It's human ability.