Production Capital and Synergy: Phase 3

vertical integration

What is production capital and how does it fit into the phases of technological revolutions? Production capital is the infrastructure that develops to make phase 3 of technological revolutions possible. This part of the industrial revolution comes about when businesses have synergy, and production is seen as a wealth-building effort. Read more about production capital and phase 3 of technological revolutions.

Real Value and Paper Value in Techn Revolutions

Real Value and Paper Value in Techn Revolutions

What is real value in a technological revolution? How does real value align with the phases of these industrial revolutions, and why does it matter? Real value and paper value are two important parts of phase 2 in technological revolutions. These determine the value of a new technology and its potential for economic growth. Read more about real value, paper value, and phase 2 below.

Looking Toward the Future to Survive the Present

Looking Toward the Future to Survive the Present

Can looking toward the future help you build psychological strength? How does the future help you get through hard times in the present? Looking toward the future is something humans do all the time. But it can also be a tool of building strength to help you survive a difficult present. Read more about how looking toward the future can help you build psychological resistance and survive trauma according to Viktor Frankl.

Human Eyesight: The Science of How We See

Human Eyesight: The Science of How We See

How did human eyesight form? How do our eyes work and how does it connect to human evolution? Human eyesight formed as humans evolved from our ancestors. The way our eyes work is a complicated process, and we can get clues on how it came to be from many creatures—including the most ancient ones that contributed to forming human vision. Read more about human eyesight and how it evolved over time.