4: Joining the Covenantal Economy I
5 February 2024
Introduction to the covenantal economy and its principles for building lasting wealth.
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
