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Introduction

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Is the current liberal capitalist economic model suitable for sustainable future use? No. The debt-fueled liberal (or rather anarchic) capitalist economic system imposed by the common international consensus is not fit for the purpose anymore. It does not produce real, sustainable economic growth and wealth for both the state and its citizens. Instead, it permeates the economy with the instability of unsustainable, toxic levels of debt and speculative bubbles accompanied by a misallocation of money.

This book will demonstrate the Sovereign Economic Model as a reasonable, sustainable economic growth model based on sovereign decision-making processes and the creation of real wealth. It tries to propose changes to the contemporary capitalist economic model to make it more stable and prosperous. Countries need to change their perception and understanding of economic wealth creation by means of production in order to create wealth. The Sovereign Economic Model urges changes in industrialization, trade, taxation, finance, and education policies.

In this book, I will try to lay out the central precepts of the Sovereign Economic Model as a theory and as the foundation of a sovereign wealth-creating real economy. Further, I will explore in its political and economic perspectives the increased role of the state in the national economy, economic strategies and policies, and market sectors in different stages of economic development with ideas, examples, and action plans.

The Sovereign Economic Model. A manifesto for rising nations

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