sovereign wealth · held
Ask PrometheusMoney a collective self saves and puts in markets for all its members together, making its boundary wider so the whole group reads as keeping it.
Sovereign wealth (noun) means: Money a collective self saves and puts in markets for all its members together, making its boundary wider so the whole group reads as keeping it. It emerges from collective self, boundary, money, save: Money that would belong to no one member is kept as the group's own and made to grow, so the collective self holds wealth the way one person would. In the EmergenceLexicon it sits at computed level 18, chaining down to the four foundations (space, time, energy, pattern).
Examples
- Norway's Government Pension Fund Global, set up in 1990, invests the state's petroleum revenue in markets abroad. economics
Emergence
- wealth with a group as its only holder
- saving across generations of members
Chain to foundations
full chain as text (411 steps)
- sovereign wealthL18
- collective selfL15
- self-modelL14
- memberL7
- groupsL5
- modelL9
- keepL5
- acrossL13
- readL7
- subjectL5
- boundaryL2
- moneyL16
- saveL6
- marketL17
- wealthL9
- putL3
- memberL7
- makeL4
- wideL4
- wholeL3
- groupsL5
- readL7
- keepL5
- collective selfL15
Neighborhood
Concepts that depend on this one above; what it is built from below.
Relations
| contrasts-with | national-champion.carrier | a national champion is a firm read as the group's; sovereign wealth is money held as the group's |
| contrasts-with | tax.economic | tax is paid in and spent; sovereign wealth is kept and made to grow |