chapter  15
Investing in Human Capital to Transform Rural Communities
ByPaul Major
Pages 6

Rural communities need dramatic and permanent change to survive and, hopefully, thrive in the second century. As Adam Smith noted in An Inquiry into the Nature and Causes of the Wealth of Nations (1776/1976), the “invisible hand of the markets” will determine the strength and future of an economy. This is especially true for rural communities. Unless rural communities intentionally focus on mobilizing their own human capital, creating a community culture of civic engagement, service, and leadership to shape their future, their prosperity will be shaped by forces beyond their control.