New Report: Citizenship as Wealth
NCDD member Cynthia Gibson sent us a link to a new online study that argues we should think of a country’s wealth in terms of social capital and citizenship practices. The study called “Where is the Wealth of Nations? Measuring Capital in the 21st Century” reports that the true wealth of a nation is not its natural resources or its built capital but instead is its intangible capital: trust among people, an efficient judicial system, clear property rights, and effective government. For developed countries, 80% of a nation’s wealth is intangible capital. Visit http://thataway.org/8f7bb9 to download a copy.
Amy Lang is a Postdoctoral Fellow at the Center for the Study of Democratic Institutions at the University of British Columbia. She wrote her dissertation on British Columbia’s groundbreaking Citizens’ Assembly process, and is currently doing follow-up research on the Ontario Citizens’ Assembly.
