/ Social Superphysics / Supereconomics / Principles / Law 3 / Balanced Economic Development / The Natural Sequence of Development
Section 1

The Natural Sequence of Development

by Juan | Aug 21, 2015
2 min read 243 words
Table of Contents

The natural and sustainable progress of economies is:

  1. Agriculture or Extraction
  2. Processing
  3. Trade

In Supereconomics, the countries where natural resources come from should be the ones to process them as well.

For example, the Ivory coast exports cocoa. It should implement policies so that it will eventually make chocolates itself. This would solve child labour for good.

However, this goes against the vested interests of chocolate corporations in richer countries which profit from the low cost of raw cocoa.

This corruption is enabled by corporations aquiring a legal identity as a person.

In Supereconomics:

  • only the state can acquire such a person-hood – corporations are therefore a state within a state
  • the actions of organizations are traceable to specific natural persons
Cacao workers
Campaigns against African child labour might succeed in small cases, but can never produce any sweeping change, since those campaigns urge African governments to bite the hand of business that feeds them with the taxes that they need.

every prudent master of a family never attempts to make at home what it will cost him more to make than to buy. The tailor does not make his own shoes, but buys them of the shoemaker.. By making those cheap foreign commodities at home, the nation’s industry is thus turned into a less advantageous employment. The exchangeable value of its annual produce is reduced by such regulations, opposite of the intention of the lawgiver.

Adam Smith

Adam Smith

Wealth of Nations Book 4, Chapter 2

The Economic Level of Society

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