This is the fifth book of the "Wealth of the People" series. The fifth book is about the function that the state performs to support the wealth production process. The assumption that the people will respect life and property is removed in this book and the formation of the state is discussed as a result of demonstrated human behavior. More
The “Wealth of the People” Book Series
The task of explaining the causes of the wealth of the people in a society is a complex subject for a single e-book. To facilitate the explanation and the delivery of the material, one e-book will be published in each set of topics.
The following are the titles of the book series:
Your Wealth The first book looks at the time savings and the wealth gained by a single person increasing his physical and human capital in an isolated island.
The Wealth of Your Neighbor The second book is about the agreements that two people have to make to be in a path to increase their respective wealth. These agreements become their social capital.
The Wealth of the Market The third book explains the opportunities offered by a free market to produce wealth for the people that participate in it. This book explains the wealth gain that results from a market that brings the competitive advantage of every individual to work for each other.
The Wealth of the Business Enterprise The fourth book explains the function of the business enterprise to produce wealth for its customers, its owners, and its employees.
The Wealth of the State The fifth book discusses what happens when the assumption that everybody is going to behave correctly is removed. The book explores the historical formation of the state and the implications for the production of wealth. The level at which the state supports and protects the wealth production process is the level of social capital of the nation.
The Wealth of Social Capital The sixth book is the core of the series. Social capital is defined as the ability of a society to learn and agree on the rules that are necessary for the production of wealth. This is the key for the wealth of the people in society. This is the ingredient that is a prerequisite for the buildup of physical capital with its corresponding human capital that determines if a nation can be wealthy.
The Wealth of Physical Capital The seventh book is about the wealth of the physical capital that humanity has today. It should make you grateful that you live in this age and not five hundred or five thousand years ago.
The Wealth of Human Capital The eighth book is about the wealth of the human capital that humanity has today. A great deal of the human capital is taken for granted and a great deal is wasted so it will be good to review the major advances of human capital.
The Wealth of a Nation The ninth book takes us to a title similar to Adam Smith's Wealth of Nations. A nation is an entity that comprises a geographical area with a legal setting. It is governed by a state that is the keeper of the citizen’s charter. The state maintains the rules of a nation’s operations and in this way determines the capital structure of the nation and its citizens. This is a key factor that results in wealth, freedom, and life for its citizens.
The Wealth of the Planet Earth The tenth book is about our planet. It introduces the concept of Natural Capital. What we think as natural resources is actually the capitalization of life, organic, and inorganic matter that has been happening for millions of years. Unfortunately, many of the actions that we do in the pursuit of wealth production reduce the planet’s natural capital. If the planet was treated as a capital asset, it would be maintained correctly and it would not be consumed risking a drop of the whole world to lower income levels.
The Wealth of the Human Spirit The eleventh book will be an inquiry about what these economic principles might mean for the spiritual world.
Fernando Urias is a manufacturing engineer and manager with experience leading large organizations and projects. His hobbies include cooking, low carb dieting, guitar playing, reading and writing economic theory.