horses do not socialize in the sense humans do). Where slavery exists or has existed, there is clearly a value put on living bodies separate from their instructional or social selves. Thus for analyzing historical or criminal economic activities, or even professional sports, the instructional capital vs. individual capital vs. social capital distinction is essential. Investment Those who differentiate individual capital tend to see it as something that one can invest in, directly, and see growth, directly. For individual skill, even skill at a highly imitative enterprise, like sports or mastery of a musical instrument, this is very often quite measurable. Many enterprises, for instance, a music conservatory or circus school or creative writing coach, are clearly making a living on the identification and (somewhat) measurable enhancement of the individual. External links Capital: Volume Two Capital: Volume Three Proposals for the measurement of individual social capital "individual-level elements of social capital" "an individual's social capital" intellectual capital accounts - "individual capital and structural capital ... described to explain the future profitability and growth of the company" Skills Capital (economics)