Savings And Delayed Consumption: The Heart Of A Real Economy

"Modern capitalism is built on the idea of investment: that by stockpiling more resources than are immediately needed and dedicating those resources to productive tasks instead of consuming them, you can end up with more resources. This works very well, and has been the policy of every Homo sapiens sapiens who bothered to plan past his next meal. Capital accumulation allowed us to progress past our hunter-gatherer roots, although we didn’t have a name for it at the time."