ABSTRACT
The paramount objective of the New Economic Policy was wealth restructuring. Wealth differs from income as stock does from flow. As a stock, wealth consists of physical capital, (e.g. machinery, real estate) corporate assets and human capital, embodied in the acquired skills and specialised knowledge of workers. All of these various forms of wealth have the common characteristic of generating a stream of net income. This income represents the yield, over a finite length of time, of an initial investment incurred by the investor.
