Two Forms of Capital: Designing a Life That Feeds Well-being

 Not all capital contributes to well-being in the same way. Inspired by Yamaguchi Shu’s insight, this post introduces a conceptual framework that distinguishes between two types of human and social capital: those that enrich life directly, and those that support work and financial formation, contributing to well-being indirectly. Understanding this distinction helps us design a life that is both productive and fulfilling.


Two Forms of Capital: Designing a Life That Feeds Well-being
Modeling Based on 山口周『人生の​経営戦略』​


Entity Name Description
Well-being The sustained state of physical, emotional, and existential fulfillment that defines a meaningful life.
Resources The foundational assets available to a person for achieving well-being.
Time Capital A sub-type of resource representing the finite and invaluable time available for life activities.
Human Capital A sub-type of resource encompassing skills, knowledge, and personal capabilities.
Human Capital That Enriches Life A sub-type of human capital that contributes directly to personal fulfillment and well-being.
Human Capital Useful for Work A sub-type of human capital that supports professional performance and financial asset formation.
Social Capital A sub-type of resource reflecting the strength and quality of relationships and networks.
Social Capital That Enriches Life A sub-type of social capital that fosters emotional richness and existential meaning.
Social Capital Useful for Work A sub-type of social capital that facilitates collaboration, influence, and career advancement.
Financial Capital A sub-type of resource representing monetary assets and economic decision-making capacity.

A well-designed life balances the pursuit of financial stability with the cultivation of capital that nourishes the soul. By recognizing which resources contribute directly to well-being, we can make choices that lead to a richer, more meaningful existence.

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