Nuact'l Economics

Description::The Nuact’a have a mixed economic culture with, on one hand, a commodity system of trade and on the other a exceptionally centralized system of taxation and redistribution of goods for the benefit of the public. In neither aspect is the concept of capitalism a factor in the micro or macro economic theory. The primary unit to discuss is the curaca. Within this extended familial unit, there is a communal-like spirit of share-and-share-alike. This does not mean that every member gets an exact equal share, but rather that nobody goes hungry whilst another in the family has food to spare.

For trade outside the curaca, there is normally a Quipatilizque for the privileges of trading in another curaca, taken in the form of a small, flat percentage of the goods being brought to trade. For those few who bring in valuable goods from outside the Ayllu or kingdom, further considerations need be made with the various governmental bodies. Trading is of the commodity type, with the differences in perceived value revolving around the overall value of the exchange and the proximity to an external market. At no time, however, is the concept of profit a factor in the exchange.

Of interest and note, there is no type of currency used within the Kingdom, nor is the concept of personal wealth something which the Kingdom endorses or embraces. The wealth, prestige and power of the collective group, be it curaca or Ayllu, is what is of importance.