Compound empowerment refers to the way in which public infrastructure is used to radically increase the accumulation of private wealth. The term denotes how common wealth -- tax supported resources such as public education, financial and legal infrastructure, etc. -- is translated into private or corporate profit. While wealth might be generated in part by intangible or personal qualities such as intelligence or a strong work ethic, this wealth is compounded by empowering structures such as access to stable markets, consistent law enforcement, and the use of resources held in common, such as public roads. The greater the wealth of an individual or corporation, the more they use common wealth in order to increase and sustain their earnings
Read more about Compound Empowerment: Private Wealth and Common Wealth, Compound Empowerment and Fair Taxation
Famous quotes containing the words compound and/or empowerment:
“He tries by a peculiar speech to speak
The peculiar potency of the general,
To compound the imagination’s Latin with
The lingua franca et jocundissima.”
—Wallace Stevens (1879–1955)
“Power can be taken, but not given. The process of the taking is empowerment in itself.”
—Gloria Steinem (b. 1934)