An Essay on National Poverty
National Poverty as the Externalization and Crystallization of Imagination and Its Dynamics
Guiding Questions:
What is wealth?
- The result of the application of technical knowledge.
- The result of the dynamics of technical knowledge over time.
- The result of trading one’s natural endowment, conditioned by the degree of technical knowledge applied, and by the outcomes of others’ imagination embodied in goods, processes, and systems.
What is development?
How do productive capacities, technical complexity, and institutional arrangements evolve over time?
What is poverty?
Is poverty a lack of resources, a lack of productive capacities, or exclusion from integrated production networks?