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Resources: Finite and Infinite Resources

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Human resources have been valued for over 30 or 40 years in all walks of life. Natural resources were the only resources known to us before that. We do not yet hear of organizational resources. Social resources are not a concept in the world. In the 19th century Man was regarded as a hand, a labourer, a disposable factor of production that was purchased by capital. Now the world regards the worker as a human being, as a precious and indispensable resource for work.

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Human resources have been valued for over 30 or 40 years in all walks of life. Natural resources were the only resources known to us before that. We do not yet hear of organizational resources. Social resources are not a concept in the world. In the 19th century Man was regarded as a hand, a labourer, a disposable factor of production that was purchased by capital. Now the world regards the worker as a human being, as a precious and indispensable resource for work. The Industrial Revolution took root in England, although the scientific discoveries on which it was based were present and available to all the nations of Europe. The unique factor in England was not technology. It was the accumulation of surplus capital that resulted from rising agricultural productivity. Thus, society discovered that Money was a Social Power, a Social Resource, and not merely a medium of exchange. By that time, money had become an eminent social organisation, an organizational resource recognised by man.