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Sunday, September 30, 2007

Health Capital

Such an entity like Knowledge Capital is early to consider before capitalization of personal health (1. The general condition of body and mind; Example: better health. 2. The state of being bodily and mentally vigorous and free from disease. 3. The condition of an organization, society, etc.).

Knowledge resides in the personal actions and therefore the personal health predefines knowledge.

But what the current capitalism suggests to capitalize (to define formally) the personal health? I think it suggests nothing for that.

Today personal wage is a subject of taxation. Taxes are being spent for health care as if persons can not take even a part of responsibility for preventing disease with healthy sport, food, etc. The lack of such the responsibility turnes out big taxes (both business and personal), ineffective costs (both business and social), wrong consumption (medicine) and closes the doors before Knowledge Society.

Depending on national law a programme to increase personal wage and health, decrease business costs on taxes and social costs on health care, capitalize personal health to convert employees to co-investors, raise total competitiveness ... might be designed.