Why capital in today's world is so much in favor of the financial and IT sectors over the traditional engineering sectors?

The reason why capital in today's world is more inclined to finance and IT industry, in fact, the reason is because of the profit, because the nature of capital is especially profit-seeking, no matter any individual consulting and collective capital, or the country's capital is so at the same time, there are many advantages of the financial industry and the IT industry, which is conducive to the flexible use of capital, and the traditional industry to be the gap is very big.

We can break down the capital into two parts, one part includes the means of production, the tools of production and the object of labor; the other part includes the ownership of capital and the surplus value of the exploitation of workers as a capitalist, this is the time we learn political economy, we are familiar with a basic concept, in fact, from this concept you can feel the capital of profit-seeking nature.

Now let's talk about the advantages of the financial industry and the IT industry over the traditional industry:

First, the financial industry and the IT industry occupy less capital, but make more profit, sometimes a computer can solve most of the things in the financial and IT industry, while the traditional industry you have to invest a lot of money, and you need fixed investment and working capital.

Second, the financial industry and the IT industry, the use of funds is flexible, rolling is very strong, which is conducive to capital turnover, increasing the opportunity for compound growth in profits. Traditional industries require a fairly long industry cycle, in which case the utilization of funds will be reduced.

Third, the size requirements are relatively small, the qualification for entry is relatively low, which for the financial industry and IT industry, almost all people are eligible to enter, but the traditional industry is relatively high threshold, this point is also a bottleneck.

So we say that the traditional industry investment requirements are high, difficult, operating people must come up with a lot of experience, unlike the financial industry and IT industry does not require a lot of money, this point is the biggest advantage, in addition to the state is also more supportive of the financial industry and the IT industry, the potential of the future is also very huge.