The Wealth of the People: The Wealth of the Business Enterprise
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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 long and complex subject for a single e-book. To facilitate the explanation and the delivery of the material, an e-book will be published in each set of topics.
The following are the planned titles of the book series:
Your Wealth
The first book looks at the time savings gained by a single person increasing his physical and mind assets 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.
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 production results 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 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 physical and human capital formation and the ingredient missing in many countries that are not able to achieve wealth.
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 it is wasted so it will be good to review it.
The Wealth of a Nation
The ninth book takes us 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 social contract. 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 determines the income of 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 a drop of the whole world to a lower income level.
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
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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Titles in the series (6)
The Wealth of the People: Your Wealth Rating: 0 out of 5 stars0 ratingsThe Wealth of the People: The Wealth of the Business Enterprise Rating: 0 out of 5 stars0 ratingsThe Wealth of the People: Your Neighbor's Wealth Rating: 0 out of 5 stars0 ratingsThe Wealth of the People: The Wealth of the Market Rating: 0 out of 5 stars0 ratingsThe Wealth of the People: The Wealth of Social Capital Rating: 0 out of 5 stars0 ratingsThe Wealth of the People: The Wealth of the State Rating: 0 out of 5 stars0 ratings
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The Wealth of the People - Fernando Urias
Introduction
This is the fourth book of the Wealth of the People
series, an inquiry about the requirements for the production of wealth in society.
The first book looked at the economics of one person living alone in an island. The book concludes that to produce wealth you have to work using your tools. The time and intelligence invested in your tools determines the income that you can make with your work. Your tools are your physical capital and your skills are your human capital. Your physical and human capital constitutes your capital structure.
The second book looked at the requirements for the wealth production process to continue when a neighbor appears in the island. An agreement to respect life and property emerges as the first requirement. This and other agreements that are necessary for the production of wealth can be grouped under the concept of social capital. The work that you perform using your capital structure, including its social component, determines the income that you can make.
The third book looked at the wealth production possibilities in a free market. It assumes that there is sufficient social capital in a society to allow the existence of a free market. The conclusion of the book is that a free market has many advantages that contribute to the wealth production processes making it a necessary component of the social capital required in a society to increase the wealth of its people.
This is the fourth book of the series. It is a about the wealth of the business enterprise. The book assumes that there is sufficient social capital in a society to allow for the existence of business enterprises. The business enterprises become the suppliers of the market and the people working in them become the consumers. The business enterprises are shown to be an integral part of the survival and enrichment process of the people.
This fourth book assumes that you have read the first three. If you have not, please go to smashwords.com to read them in order.
A full list of the Wealth of the People
titles can be found at the end of this book.
* * * * *
The Mission of the Business Enterprise
If you were in an island alone producing the goods that you would need for your survival, you could think that you were running a small business enterprise of one worker with one customer. You would be the worker producing products and you would your own customer. Alone in an island, there would be no question in your mind that the mission of your one-person business enterprise would be to produce the goods that you would need for your survival. This is the first objective of a business enterprise.
If you would invest in a tool to improve one of your wealth production processes, you would be going after a second objective that goes beyond survival. You would be looking for a way to produce at a faster rate to increase your wealth production capabilities. You would be looking for a way to get out of poverty. This would be a second objective of your one-person business enterprise: to improve your wealth production capability by investing in tools that will make you wealthy and get you out of poverty.
When your neighbor appears in the island and you would hunt an extra turkey to exchange for a pound of vegetables, you would become a worker hunting a turkey and your neighbor would become the customer buying it. The worker and the customer would no longer be the same person. The separation of the production and consumption actions into two different people would not change the mission of your one-person business