ABSTRACT
Political and economic development is a "fundamentally religious" issue. Financial capital investment is an indispensable key to economic growth, for it leads to new productive capacity and, in so doing, creates jobs for workers, as well as generating the production of goods and services to meet the needs of the population. The economic genius of a people resides in its small family businesses. Political activists typically show little understanding of the economic activists. Socialism is a holistic vision, in which political, economic, and moral-cultural power is concentrated in a single set of principles and in a single central authority. Liberal societies separate the powers of the political system, the economic system, and the moral-cultural system, diffusing the centers of decision-making within each of them, and respecting the choices of every individual. The capital which made the United States a leading economic power flowed first from the rich production of its farms.
