Handing over Capital for clueless experiments(fashionable ventures) and luxury(through mis-utilization of loan)

 I still remember my grandmother told me at any cost seed must be protected. Capital is that seed which will be used to reproduce capital itself and rest for consumption. Whatever may be the problem of distribution (its true how wealth is distributed determine the protection of capital), protection of capital is undeniable fact. 

However, another fact is at first in any society wealth is distributed to the establishment of that society. When they turn out to be clueless about wealth then there will be no protection of capital. They will live a lavish life out of taxation. They want to show they are the one, but the reality will be opposite and then they start to waste wealth. 

In that society, no capital will be protected neither additional capital will be generated. It's better to intoxicate such powerful people in liquor and lock them for forever in luxury house than to give them access to national capital. 

Power coupled with cluelessness and ego of supremacy hurt the capital more than anything else. Since, major portion of income from capital gets returned to the country as tax, that tax must be in hand of prudent people, also private wealth is converted into capital through banking system, hence banking too should be run by prudent people. Allowing useless project which can't regenerate capital (at minimum) should be stopped at any cost. Any risky ventures should not be financed by any banks. One should take risky venture using own wealth, if successful (and regulators should support by all means other than publics money) reward will be huge. 

However, clueless people who have no sense of capital, how destruction of capital leads to poverty and even cost human lives, who are mad and always filled by using Political power at cost of taxed wealth should not be allowed to take even their own wealth at all. Since, it will be too far and all human are free to use their wealth however way they want (at least for me), they should be allowed to destroy their wealth but should not be allowed to use other's wealth (mainly banks' money and tax money).