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Capital Productivity
productionJoint Venture
Chapter 1: An Idea is Born
I created capital by buliding a net and can catch two fish per day
We are less productive and can only catch one fish per day with our bare hands
Servise sectorSpecialization
Capter 2: Sharing the Welth
Underconsumtion Saving
Give them two fish and they come back with four! I don't have to do a damn thing, I'll get 2 more fish!
For every fish you give us, we will give you back two fish later.
CreditLoans
Chapter 3:The Many Uses of Credit
Taxes Role of Goverment
How are you going to pay back what you owe when you only catch one fish a day?
I need to take a vacation, so lend me some fish. I'll give you two fish back for every one you lend.
Chapter 4: Economic Expansion
I've got an idea for a large scale, efficient device, but I can't build it very well by myself, so why don't we work together to build it?
Nice!Let's have a company for everyone and bring in our own fish and make it over the course of a week.
Capter 5: Prosperity Lovves Company
I earn my fish by building canoes, not by catching fish. Because I am better at making callus than catching fish.
I am a chef. I can't take fish, but I can cook fish well.
Chapter 8: Arepublic is Born
I am a Senator and I help Congress pass laws.
I am a citizen. I have to pay taxes to fund the government and I help elect government officials.
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