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The Wealth of the People:

The Wealth of the Business Enterprise

An Inquiry into the Relationship between

Wealth, Freedom, and Life

By

Fernando Urias

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SMASHWORDS EDITION

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PUBLISHED BY:

Fernando Urias on Smashwords

Copyright © 2011 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.

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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, accounting, 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 any 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.

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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.