Recognize that having secure property rights leads to savings and then to new capital which then begins the advancement towards prosperity.
Monday, June 17, 2013
Always - New Capital Is A Good Start!
In an economy that is undeveloped (although
this principle operates as well in advanced economies) the first steps
taken should be to encourage and nurture capital. Unprotected property rights
are very often the reason people do not save. Any steps that secure property
rights and foster trustworthiness lead to the emergence of new capital. New
capital advances productivity and then the development process begins.
Divine Economy Theory Policy #9: New Capital Is A Good Start
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Thursday, June 13, 2013
Counteract The Misinformation About Capital.
There
is a very difficult educational task ahead to counteract the institutionalized
prejudice against capitalism. Capital has been maligned and misunderstood for
so long that most people feel that capital is not really a part of themselves
— that it is outside of themselves. One goal of the educator will be to help
people to see that every choice or act to improve oneself is capital in process
and capital made manifest. And the improvement made is then an advancement and
the starting point for the next step.
Appreciation of capital, when seen as honoring one’s own progress, will go a long way towards reversing the poisonous bigotry directed at capital which permeates the world today. The anti-capitalist mentality is a malady emanating from Marxism, socialism and much of empirical economics. It stems from a combination of atheism and the adherence to an incorrect methodology for the social sciences, and it leads to a removal of capital from its proper place in the human psyche. Our inherent nature — when it is properly educated — declares capital to be a vital part of the human operating system.
Divine Economy Theory Policy #8: Counteract the Misinformation About Capital
Check out my new website: http://bruce-koerber.squarespace.com
Appreciation of capital, when seen as honoring one’s own progress, will go a long way towards reversing the poisonous bigotry directed at capital which permeates the world today. The anti-capitalist mentality is a malady emanating from Marxism, socialism and much of empirical economics. It stems from a combination of atheism and the adherence to an incorrect methodology for the social sciences, and it leads to a removal of capital from its proper place in the human psyche. Our inherent nature — when it is properly educated — declares capital to be a vital part of the human operating system.
Divine Economy Theory Policy #8: Counteract the Misinformation About Capital
Encourage
providers of education to recognize that every improvement an individual makes
— their education, for example — is a form of capital. Then instead of
spreading negative impressions about capital the education system will
compliment itself for being a contributor to capital formation around the world
and will empower the next generation with knowledge about this factor —
capital. This is a significant contribution to an ever-advancing civilization
since capital is the most limiting factor in the economy.
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