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

Recognize that having secure property rights leads to savings and then to new capital which then begins the advancement towards prosperity.

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