Financial Capital

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Posted by: | Posted on: October 29, 2011

Saving Cambodia’s Great Lake

Dear Fellow Cambodians;

First of all, we should pray for those Cambodians who are under fear of flooding. During this unusual flooding, many farmers claimed death, many claimed homeless and many claimed starvation. Not counting the rice paddies which those young seeds are devastated by water, live stocks and commodities are in danger and scarce.

What could we describe on this natural disaster in Cambodia? And what measures are we going to gauge for?

Natural resource is substantial source for national development. Human capital, financial capital and social capital is among important capitals to lift up national prosperity and dignity. Otherwise, natural capital has been debated in recent political dialogue among political scientists.

Political scientists pointed out that there are many countries in this world which leaders have used natural capital as tool to step up to power or maintain their power. The uses of natural capital for personal wealth and power have happened among ancient kingdoms and it has continued to modern day in some countries. Scholars called “failed states” for those countries that have misused natural capital or they have used it for personal wealth and power by allowing their citizens who is the owners of that natural capital live in a dirty poor and indignitary situation. Among those scholars, James Scott named it “predatory states”.

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