Natural, Social, Financial and Economic Capital 

Be local. Think Global.

“Living well is the best revenge.”

- George Herbert, a 16th century poet. 

We are stewards of our own lifestyle. As stewards we preserve and sustain. Advances in technology have  overwhelmed us with knowledge. In E.F. Schumacher’s,  “Small is Beautiful: Economics as if People Mattered “ he  wrote: 

Stewardship is a building block of Belatz’s investment policy ensuring the living well is sustainable as part of the inter-generational transfer of wealth. All forms of capital collectively form the source of all wealth. Promoting innovations that preserves, sustains, maintains resilience, and regenerates all capital that includes natural and social as well as economic is the remit.

The concepts of impact and sustainability were developed alongside the concept of “free market”. It is only in the current context of depleted and constrained resources, e.g., natural and social capital that it has taken a more  urgent relevance. An efficient market is not only economic.

“Concern for our own happiness recommends to us the virtue of prudence; concern for that of other people, the  virtues of justice and beneficence—of which the one restrains us from hurting, the other prompts us to promote that happiness.”

- Adam Smith.

Investing is building and evolving, and on occasion the necessary disruption. In a back-to-the-future perspective, Adam Smith, while well known for the Wealth of Nations, also wrote, Theory of Moral Sentiments. This work was the premise for the Wealth of Nations, the intellectual framework for all of Smith's later works. The Invisible Hand(Wealth of Nations) was the transparent market mechanism based on an objectivity that ensures true value/cost. A short-sighted focus of profit hides the true cost ( see below ). Ayn Rand, another contributor to  capitalism, developed the objectivist philosophy allowing the intersection of planet, people and prosperity to  promote humanity’s longevity through collective self-preservation (true selfishness).

● “How selfish soever man may be supposed, there are evidently some principles in his nature which interest  him in the fortune of others and render their happiness necessary to him though he derives nothing from it except the pleasure of seeing it”. 

● “The invisible hand is not a power that makes the good of one the good of all, and it is not any of a number  of other things it is said to be.”  

● “Every individual is continually exerting himself to find out the most advantageous employment for whatever  capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view.  But the study of his own advantage naturally, or rather necessarily leads him to prefer that employment  which is most advantageous to the society.”  

- Adam Smith, Wealth of Nations and Theory of Moral Sentiments

 Ayn Rand, another reference for today’s capitalism, in her book “Virtue of Selfishness” and her Objectivist philosophy follow a similar logic. Relying on the instinct of self-preservation, she mentions that catering to the  individual would lead to the collective good far sooner than other approaches like socialism, religion, and communism.

● “The end does not justify the means. No one’s rights can be secured by the violation of the rights of  others” 

● “Everyone has the right to make his own decisions, but none has the right to force his decision on  others.” 

These are the thoughts that set the stage for Belatz Endeavours LLC, a global private capital management company for alternative assets and positive transformative innovations. It is an eclectic hybrid of existing and evolving business values and practices with an adaptive(culture and context driven) governance and focus on natural and social capital. We balance altruistic, socially conscious and purpose-driven themes with innovations, e.g., low and high tech, to achieve regenerative net positive impact and sustainable economic return. On these precedents, Belatz Endeavours LLC with the collaboration of operating and funding partners undertakes to evolve some of the current private capital practices, minimizing externalities, e.g., inequality and crossing planet boundaries, and operating on a less-is-more principle following of E.F. Schumacher’s, “Small is Beautiful: Economics as if People Mattered”:

Preserving and sustaining prosperity requires treating all other forms of capital with care. Overemphasizing one creates imbalances with the others, e.g., nature(planet) and social(people). It is an unsustainable path whose costs like unpaid debt increases with time and always comes due. As Schumacher further writes:

• “The system of nature, of which man is a part, tends to be self-balancing, self-adjusting, self-cleansing. Not so with technology.”