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The economist is taking the position of the buyer (not maker) of software -- the prototypical business that buys a CRM tool to manage its customer relationships
by eldavido 12y ago
The economist is taking the position of the buyer (not maker) of software -- the prototypical business that buys a CRM tool to manage its customer relationships.
Seen as a good that increases the productive capacity of a company or the economy more generally, it seems software very much is capital.
- ForHackernews 12y agoDo they buy a CRM tool, or do they just license the use of one? My understanding is that it's almost impossible to really "buy" and "own" commercial software, you can only acquire a license to use it.
- Symmetry 12y agoIf the license lasts any period of time then it's still capital, albeit capital that depreciates quickly.