Q.
Why do rich countries get richer, and poor ones poorer?
|
A.
Countries contain different levels of value-assets, collectively called Infocap, which determine their futures.
|
Q.
What are examples of Infocap?
|
A.
Information and capital are important, also infrastructure, education levels, and legal and political systems, but many other types of Infocap may also be critical.
|
Q.
Where is there more detail on Infocap?
|
A.
You can look at "The Substance Of Society : Infocap [MT102]" for more.
|
Q.
How do Infocap levels affect the prosperity of a country?
|
A.
Infocap generates of itself a dividend of around 5%, which goes into a country's Infocap Cache. The country maintains itself by withdrawing from this Cache.
|
Q.
And the original question?
|
A.
Rich countries have bigger Caches, so their withdrawals may be less than 5%. Poor countries tend to withdraw more, to meet basic needs, so their Caches shrink.
|
Q.
Where is there more explanation of this?
|
A.
You will find more at "MT201: Matrix Economics -- How Infocap powers Society".
|