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Three stages of wealth maintenance:
1. Ra (Sustainer) – basic needs
2. Amun (Observer) – savings
3. Ptah (Creator) – investment
6 Comments-
This formulation is from the book “Ancient Egyptian Economics” by Muata Ashby. Very interesting read, highly recommended.
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Most of the ideas in the book are interpretations of the 42 Precepts of Maat, Kemetic proverbs, or quotes from pharoahs and sages. He doesn’t provide sources for all though, no.
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You’re right. I still found the book to be an interesting read, and there’s nothing crazy in it, pretty common sense assertions. But documentation is important.
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Yeah I believe that’s him. I’m not as familiar with that work, I’ve just been looking for as many African-centered economics books as I can find. There aren’t enough.
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@JRapBrown, you could start by searching for articles on JSTOR on wealth in precolonial Africa. You’ll be able to piece out wealth-building strategies.
You’ll find that the wealthiest were self-driven, strong-spirited entrepreneurs/traders with great savings tactics.
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Asante sana. Will definitely do that.
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