Concepts of capital have become increasingly vacuous. Attempts to appear au courant have led to conceptualisations that create more confusion than clarification. A critical question is how to redefine 'capital' to make it both consistent and concrete relevant to the challenges of the twenty-first century. Capital Redefined: A Commonist Value Theory for Liberating Life, authored by S.A.H. Hosseini and Barry Gills, seeks to address this challenge. Based on a careful reading, analysis of, and reflections on, their theory, it is argued that while to liberate life fully, subsequent works would need to develop evolutionary theories of the commons centred on land, the theory succeeds in developing a distinctive critique and redefinition of capital.
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Franklin Obeng‐Odoom (2024) studied this question.
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