Does it always happen that when an country invests huge amount of capital for human development and they become human capital and in return they yield something towards the country. If it does not happen then why ?
Two points to note Chiranjiv :
1. The human capital doesn't necessarily get created after investment in the human development. It does exist even in the asbence of 'Investment' may be not competent and produdcivte enough.
2. Secondly and more importantly, once your human capital is highly productive, the production and innovation performance over the long run will be boosted and subsequent to which, it would be translated to economic capital.
Capital stock is a technical resource, in addition to natural resources (land) and human resources (labor). The advancement of a capital-based economy, which tries to expand the natural limits of the ancient land & labor economy, works definitely by a monetary investment flow into people. If liquidity is channeled into the privatization of natural assets and not into labor & capital productivity, any capital-based economy faces stagnation and regression. A capitalist society can keep high unequality and environmental sustainability at the same time, thus sustainability (a paradigm of the Prussian 18th century forestry industry) is not a proper measure for social and human development. The stoppage of the human potential has always to do with living chances which today means access to money. Without an applied macro-prudence in the banking machinery, money can be channelled into non-productive gambling activities that reduce the human potential probability in the jackpot of living chances.
