Understanding the social bottom line through a cake analogy: What is the economy? The economy is making the cake. What is politics? Politics is dividing the cake. What is the system? The system is setting the rules for who gets it first and who gets it later. What is the rule of law? The rule of law means that whether you get more or less, you must follow the rules and cannot do whatever you want. What is supervision? Supervision is having someone watch over the cake division to prevent over-claiming, secret claiming, or chaos. What is a good system? A good system is one where the person dividing the cake gets the cake last. What is a bad system? A bad system is one where the person dividing the cake gets it first. What is the worst system? The worst system is one where the person dividing the cake gets it first and no one knows how much they took. What is fairness? Fairness is when everyone has an equal opportunity to make the cake. What is transparency? Transparency means everyone can clearly see who took how much cake.