Question: How can you contribute to the economic recovery and stability of your country? There is a global poverty which causes so many problems and it is due the declining economic stability so strategies or suggestions that will lead to economic recovery is the answers that I am looking through this question.  Sharing experience and expertise leading to economic stability is highly appreciated.

Answer: You have to start at the very beginning: Private Property.\n\nThe more property in private hands, the more stability. People take their property and exchange with one another; forming a marketplace. \n\nThis exchange creates Prices.\n\nPrices give us the VERY valuable indicators of Profits & Losses.\n\nProfits and Losses tell us WHERE our Earth's scarce resources should be applied.\n\nFor example, high profits tell property owners "Invest your resources here...this is where the demand is."\n\nAt the same time, losses tell property owners "Remove your scarce resources from this area and apply them where they are in higher demand."\n\nA smooth, efficient marketplace, creates stability. There is no reason to fight or go to war...instead we trade. \n\nIt all begins with private property.\n\nOn the other side of the coin, you have Socialism, where the government owns all of the property. In other words, there is only one property owner.\n\nUnder such a system, you do not have trade (since one property owner cannot trade with itself).\n\nWithout trade, you do not have prices.\n\nWithout prices, you do not have profits or losses.\n\nUnder such circumstances, there is no rational way to know where our Earth's scarce resources should be applied. It's all done by political whim.\n\nThus, you have corruption, instability, and a huge tendency to go to war.\n\nIt all starts with Private Property.
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