“Universal Economic Development Is Possible” presents a straightforward approach to economic development by encouraging the formation of Exchanges. These are essentially free markets used by local communities to create grassroots economic development. Dominion Exchanges give everyone the ability to collaborate on projects using a currency based on the value of the work done. Value added to assets is called equity and equity is issued by the Exchange as preferred shares. These shares can double as a local currency for local use. The object of this program, beyond the primary one of making economic development simple, is to reduce parasitism. Parasites are a drain on the economy—benefiting without contributing. Eliminating parasites unlocks potential because the Exchange does not need to carry dead wight. The Dominion Exchange program proves anyone, anywhere, can initiate economic development without risk. The program proves that using mutual support and equity-driven local currency systems, anyone, anywhere can initiate economic development.

You may think the topic deserves a book, economic development is, after all, a complex problem needing graphs, analysis and charts of various kinds to explain. But we disagree. There is only one principle and one accounting tool needed. Given this tool and this principle, anyone can create economic development anywhere they wish it created.