4: Joining the Covenantal Economy I

5 February 2024

Introduction to the covenantal economy and its principles for building lasting wealth.

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Overview

The first in a series exploring the covenantal economy—an alternative framework for economic relationships based on honor, obligation, and long-term thinking rather than pure market transactions.

Core Concepts

What is the Covenantal Economy?

The covenantal economy operates on principles of:

  • Long-term relationships over short-term transactions
  • Honor and reputation as currency
  • Mutual obligation and reciprocity
  • Generational thinking

Joining vs. Building

The fastest path to building a great house is often to first join one. Demonstrating competence in multi-generational relationships is the most effective way to signal readiness.

Key Takeaways

  • Economic relationships can be restructured around covenant principles
  • Joining existing structures accelerates the path to building your own
  • Honor and reputation compound over generations