RE: education factor
What correlation can be shown between the development/growth of "capitalism" and the democratization of "education" of people in laws of government and finance to become participating owners and entrepreneurs in society?
I guess this is like asking which came first the chicken or the egg?
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Where I believe society is heading is toward self-government through sustainable communities and business/school cooperatives, mixing education with work-study and social services.
Otherwise, if we keep depending on "top down" management by the few over the masses, the politics get corrupted.
The analogy I make is the same way "individuals" develop from dependents in a household under parental authority
to teenage/young adult sustaining on their own or in groups where they run their own households/businesses,
Society collectively is also going through this learning curve. America broke from the parent country of GB to become independent, similar to how teenagers break from the parents to live on their own. Next, a state or a city will "break off" from a larger group and incorporate as a separate entity to govern itself, when it has that ability to.
I guess this is more "political" development, though the same "educational access" to equal knowledge of "govt laws" and of "economics" determines if people become self-governing, or remain "dependent" on some centralized authority ruling for them.
three major types of laws I have found make the difference if people are dependent or independent:
knowledge of spiritual laws
knowledge of legal system/govt
* knowledge of financial/property ownership/management
(today: credit, financing, investment. And someone added to my list: technical access/knowledge and media)
I'm not sure if you can study just "financial development" out of context with the other factors.
Human growth depends on "making these equally accessible," and if people are weak in 2 areas, they get oppressed by those with greater "access."
If you are weak in only 1 area, you can still get help to overcome that imbalance, but 2-3 means "less than equal"
Capitalism might worsen the disparity by monopolizing/commercializing "access to knowledge" so only some people benefit.
So what is the trend with making "education" and HANDS ON training/experience "accessible to more/all people"?
Wouldn't this be a key factor in development?