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The structural economics underlying regenerative capital systems. REA defines the four invariants (R, γ, Δ, Λ) that must hold for capital to regenerate rather than extract or deplete, providing the economic foundation for the entire research program.
REA explains why PSC works economically: it satisfies all four invariants—high recycling (R), positive capability returns (γ), decoupling from fragility (Δ), and alignment with beneficiary lifecycles (Λ).
REA Section 1