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    The Wealth of the People: The Wealth of Social Capital
    The Wealth of the People: The Wealth of Social Capital
    The Wealth of the People: The Wealth of Social Capital
    Ebook60 pages51 minutes

    The Wealth of the People: The Wealth of Social Capital

    By Fernando Urias

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    About this ebook

    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 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 gains that result when there is a market that brings the competitive advantage of every individual to the market.

    The Wealth of the Business Enterprise
    The fourth book is about 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 we remove the assumption that everybody is going to behave correctly. 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 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 available is taken for granted and a great deal is wasted so it will be good to review the major advances in Human Capital.

    The Wealth of a Nation
    The ninth book takes us to Adam Smith's Wealth of Nations book. 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 Social Capital and thus determines the capital structure of the nation and its citizens and in this way the State operates 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 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 lowering the income level of all the people in the world.

    The Wealth of the Human Spirit
    The eleventh book will be an inquiry about what these economic principles might mean for a spiritual world.

    LanguageEnglish
    PublisherFernando Urias
    Release dateFeb 2, 2014
    ISBN9781311952073
    The Wealth of the People: The Wealth of Social Capital
    Author

    Fernando Urias

    Fernando Urias is a process engineer with experience writing SOPs (Standard Operating Procedures) to communicate the best business processes to a large number of people. To do this successfully, he reads books available in the subject, talks to people that perform the process, including operational folks and experts, and listens to the latest podcasts and YouTube videos. With this information, he writes what he thinks is the best practice. His professional experience has spilled over to his hobbies resulting in several book series. A Low Carbohydrate Lifestyle series: One of his hobbies is cooking and one of his objectives is to be healthy. This is has resulted in a series explaining a low carbohydrate lifestyle. Book 1: My Low Carb Story, Diet Book, Cookbook, and Shopping List. Book 2: My Low Carbohydrate Home Menu. Book 3: A Well-Engineered Diet and Cookbook. A Business Series: He uses several management tools professionally, some of them from the Lean Six Sigma Black Belt arsenal, which he will share in a business series. The first tool shared is a system to write and maintain action lists in paper, a smartphone, or a computer. He uses this tool to keep track of the things that need to get done to achieve stated objectives and at the same time keep stress low by having pending actions written instead of letting them linger in the mind causing mental stress. Book 1: The Automatic Time Management System The Wealth of the People Book Series: One of his hobbies is to study economic theory. He is interested in understanding the different levels of wealth of the nations of the world, specifically what explains the difference in wealth between Mexico and the United States of America, since he was born in the border. This has led him to write a series of books about the production of wealth. Book 1: Your Wealth Book 2: Your Neighbor's Wealth Book 3: The Wealth of the Market Book 4: The Wealth of the Business Enterprise Book 5: The Wealth of the State Book 6: The Wealth of Social Capital A Mexico Series: Fernando was very concerned with the results of the Mexican 2018 election results motivating him to attempt to find out why those results were obtained and to follow up the income per capita under the new government. This series is in Spanish. Book 1: El Ingreso Prom...

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      Book preview

      The Wealth of the People - Fernando Urias

      The Wealth of the People: The Wealth of Social Capital

      An Inquiry into the Relationship between

      Wealth, Freedom, and Life

      By

      Fernando Urias

      * * * * *

      SMASHWORDS EDITION

      * * * * *

      PUBLISHED BY:

      Fernando Urias on Smashwords

      Copyright © 2014 by Fernando Urias

      The author acknowledges the trademarked status and trademark owners of various products referenced in this work, which have been used without permission. The publication/use of these trademarks is not authorized, associated with, or sponsored by the trademark owners.

      Smashwords Edition License Notes

      Thank you for downloading this free e-book. You are welcome to share it with your friends. This book may be reproduced, copied and distributed for non-commercial purposes, provided that it remains in its complete original form. If you enjoyed this book, please return to smashwords.com to discover other works. Thank you for your support.

      * * * * *

      Disclaimer

      This book is designed to provide information and entertainment. It is published with the understanding that the publisher and author are not engaged in rendering legal, economic, political, financial, or any other type of professional service. If legal or other expert assistance is required, the services of a competent professional should be sought.

      It is not the purpose of this book to reprint all the information that is otherwise available to authors and publishers but instead to complement, amplify, and supplement other texts. You are urged to read all the available material and learn as much as possible about economics and human organizations and tailor the information to your individual needs.

      Every effort has been made to make this book as complete and as accurate as possible. However, there may be mistakes, both typographical and in content. Therefore, this text should be used only as a general guide and not as the ultimate source on economic or social organizations. Furthermore, this manual contains information on economics and social sciences that is current only up to the publishing date.

      The purpose of this book is to educate and entertain. The author and publisher shall have neither liability nor responsibility to a person or entity with respect to any loss or damage caused, or alleged to have been caused, directly or indirectly, by the information contained in this book.

      * * * * *

      Introduction

      This is the sixth book of the Wealth of the People series. The series is an inquiry about the requirements for the production of wealth in a society. This sixth book is about the social agreements required to produce wealth. These social agreements are a factor of production that can be grouped under the concept of Social Capital.

      This book assumes that you have read the first five books. If you have not done so, please go to Smashwords.com and read them in order. Each book builds up upon the previous one. A complete list of the Wealth of the People series can be found at the end of this book.

      * * * * *

      Table of Contents:

      The Root Cause of Wealth in Society

      The Historical Reduction of the State's Power

      The Wealth and Freedom Principle

      The Private Property Utopian Nation

      The Protection of Life and Property from a Foreign Threat

      The Principle of the State’s Increasing Freedom

      The Protection of Life from Crime

      The Protection of Property

      Money

      Education

      The Future of Social Capital

      How to Make an Economic Miracle

      Final Notes

      The Wealth of the People Book Series

      * * * * *

      The Root Cause of Wealth in Society

      The analysis of Robinson Crusoe alone in an island shows that he can produce wealth at a faster rate using tools. These tools constitute his Physical Capital. Some of the tools that he uses to make his life easier were rescued from the remains of the shipwreck. Other tools that he needed he had to build with great difficulty and a considerable investment of his time. The tools are very valuable because of the wealth that he can produce by using them. If we take a snapshot of Robinson's wealth at a given moment, it will be composed of some perishable products, some capital goods that are for consumption, such

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