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Pro-Prosperity.Com

Prosperity stems from net-worth: How should our government measure social prosperity? Prosperity stems from individual net-worth. Net-worth is assets minus liabilities. In a democracy, net-worth must grow for at least an absolute majority of households. If not, the majority of households will change government to enact new policies to beget prosperity through growth in their net-worth.

Per-capita income is deceptive: Per-capita income is a useless measure of prosperity. Incomes may rise but healthcare, education and energy costs can balloon at a faster pace to subdue prosperity of households.

Are governments misleading masses? Per-capita income does not reflect household prosperity. Why are then governments all over the world measuring and publicizing per-capita income growth periodically? Is it to confuse households by suppressing erosions in their per-capita net-worth? Individual households may know their own net-worth. But per-capita net-worth depends on all households of a country. Only public institutions can measure per-capita net-worth and broadcast it periodically. But they don’t.

Misleading can cause shocks: Not measuring real prosperity amounts to suppression of vital information, which can be potentially dangerous to society. There can be unanticipated systemic shocks everywhere, as an absolute majority of households suddenly discovers that their per-capita net-worth has eroded badly. During Great Depression, people suddenly discovered that their deposits in the custody of banks were not safe. This resulted in banking panic leading to sudden massive withdrawals of deposits. When people stopped trusting banks, the society and economy faces serious danger. Suppression of vital per-capita information may suddenly erode trust of households in their government. This can potentially result in chaos and agitations. It may even threaten the very foundation of democratic capitalism.

Role of Pro-Propserity.Com: Pro-Prosperity.Com advocates methods to safeguard against erosion of household net-worth due to tacit manipulations by government agencies and capital markets. It will delve into trading strategies in capital markets and games by government decision makers designed to transfer wealth from the vast majority to a few.