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RE: Why are so few people wealthy? - 9/16/2014 5:46:36 PM   
LookieNoNookie


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quote:

ORIGINAL: Musicmystery

It's more than occurred to me -- I've been railing against it ever since Reagan set us down this exacerbated wealth divide and again as Bush Jr. upped the ante.

None of that changes, though, the reality that complaining about the world isn't a path to wealth or out of poverty, for individuals or for societies or for global populations.

On the other hand, using one's skills to address current needs will present opportunities as long as humans still have needs to meet.


Love to hear your thoughts on that MM (see below)....as a Republican, I have mine but....my opinions would surprise most ardent Democrats:

"I've been railing against it ever since Reagan set us down this exacerbated wealth divide and again as Bush Jr. upped the ante."

(in reply to Musicmystery)
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RE: Why are so few people wealthy? - 9/16/2014 5:52:20 PM   
thompsonx


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ORIGINAL: Musicmystery

How has that been working out?

Extremely well, thanks.

That is more than a little egocentric don't you think?
Why would you presume that I was asking about you instead of your asanine horatio alger crap as it applies to the real world or even the u.s.?


(in reply to Musicmystery)
Profile   Post #: 102
RE: Why are so few people wealthy? - 9/16/2014 5:58:34 PM   
LookieNoNookie


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quote:

ORIGINAL: Musicmystery

Again, that's hardly a new concept. Of course it has "occurred" to all of us.

But the reality is that we do have options, and that many people take those options every day.




People in many parts of the world have less than nothing, but people throughout history, with less than nothing have succeeded (without graft) wildly.

It's hard. Damn near impossible (no one ever said success is easy)....but to listen to people bitch and moan about (the lack of) opportunity..................unless they're on life support, in countries such as those who have access to THIS website....if you're bitching about being under the thumb of "the man", lacking opportunity.....kept away from success because of corporate malfeasance.....you're barking up the wrong tree.

Jeeezus people.....learn how not to be poor.

IT'S EASY!!!!!

(Honest).

I never said you can be rich.....God knows some of you will never get past the BASICS of "capable".....few will ever rise above "got the toaster paid for" but EVERY ONE of you CAN be financially better off!!!!

HONEST!!!!!

Start believing that it's possible and you're 2% of the way there.

The other 98% takes (a lot) of work.

If you do that....become part of that 2%......you're ahead of 99.999999999999999999999999999999999999999999999% of the rest of the population. You "can".

Good gawd.....stop putting roadblocks in front of yourselves!

(in reply to Musicmystery)
Profile   Post #: 103
RE: Why are so few people wealthy? - 9/16/2014 6:00:08 PM   
LookieNoNookie


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quote:

ORIGINAL: thompsonx


ORIGINAL: LookieNoNookie

Who said the working poor "deserved it"?


How about the non working poor? Do they deserve it?



Anyone that doesn't work hard enough, plant seeds, weed their garden....yeah, they deserve to have less.

Absolutely.

(in reply to thompsonx)
Profile   Post #: 104
RE: Why are so few people wealthy? - 9/16/2014 6:01:17 PM   
LookieNoNookie


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quote:

ORIGINAL: thompsonx

ORIGINAL: Musicmystery

On the other hand, using one's skills to address current needs will present opportunities as long as humans still have needs to meet.


How has that been working out?



I'd imagine with cars, software, food, grain, banks, finance....seems to be working fairly well as to those who provide same.

(in reply to thompsonx)
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RE: Why are so few people wealthy? - 9/16/2014 6:16:48 PM   
LookieNoNookie


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Jeeeeebus....all you people with designs on everyone that doesn't/don't agree with your lot in life....you just gotta fucking to tear them down eh?

I haven't got a fucking clue if MM is a real professor of economics, if he's ever read a book on Keynes, Friedman, Adam Smith (I don't even know if he's ever even read a gawdamn book) or if he even knows how to spell Warren Buffett, fuck...I don't even know if he can balance a gawdamn checkbook but I'll tell you this much;

Knowing what I do know about finance, real estate, business and marketing.....if there was a guy that had this much knowledge about '68 Mustangs, GTO's or early Camaro's....he'd be one of my top 3 to call if I was an investor in 1960's muscle cars.

The clue store is open.

Get one.

It's easy not to be poor.

(Honest).

It's hard work to be wealthy.

Both can be accomplished if you wish it so.

Wanna be wealthy? Do what wealthy people do.....and you know the first thing they DON'T do?

Bitch about how difficult it is to be wealthy.

(Some choose to be wealthy....others choose to be...........otherwise).

< Message edited by LookieNoNookie -- 9/16/2014 7:03:49 PM >

(in reply to LookieNoNookie)
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RE: Why are so few people wealthy? - 9/16/2014 7:05:52 PM   
Edwynn


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ORIGINAL: LookieNoNookie
People in many parts of the world have less than nothing, but people throughout history, with less than nothing have succeeded (without graft) wildly.

It's hard. Damn near impossible (no one ever said success is easy)....but to listen to people bitch and moan about (the lack of) opportunity..................unless they're on life support, in countries such as those who have access to THIS website....if you're bitching about being under the thumb of "the man", lacking opportunity.....kept away from success because of corporate malfeasance.....you're barking up the wrong tree.

Jeeezus people.....learn how not to be poor.
IT'S EASY!!!!!
(Honest).
I never said you can be rich.....God knows some of you will never get past the BASICS of "capable".....few will ever rise above "got the toaster paid for" but EVERY ONE of you CAN be financially better off!!!!
HONEST!!!!!
Start believing that it's possible and you're 2% of the way there.
quote:



No, actually, just live outside of Indonesia or China or Malaysia or Pakistan or Iraq or Honduras or Mexico or India or Abzfuckustan, etc., then you're 2% of the way there. I worked a lot of Amway shows, back when I was in the showbiz business, and I heard a bunch of people yelling this same "Start believing that it's possible!" mantra disquetingly (and disgustingly) loudly.

But carry on ...

quote:

The other 98% takes (a lot) of work.
quote:



It might be actually down to about 97% or 96% these days, but yes, it takes a lot of work for those Pakistani 10 yr. olds to sew together the soccer balls for the 10 yr. old kids in Europe and N America.

And it takes, by irrefutable evidence, at least 2 billion people working at barely subsistence levels to make all the laptops and tablets and "smart" phones and slippers and underwear and fuck-all other things because, fortunately for us, they are too stupid to figure out that that if they could just make a better wedding card instead, they could, all 2 billion of them, be in the top 2 %.

That's a great way to show appreciation for all these 2 billion workers, not by paying them what their actual economic value is worth, but to tell them that if they could only make better welcome cards, or be 2 billion business consultants instead, then they could be among the 2% non-poor too.

Start believing that it's possible Start believing that it's possible If you do that....become part of that 2%......you're ahead of 99.999999999999999999999999999999999999999999999% of the rest of the population. You "can".

Good gawd.....stop putting roadblocks in front of yourselves!



AAHHHH! Foikin Amway, word for word!




< Message edited by Edwynn -- 9/16/2014 7:23:41 PM >

(in reply to LookieNoNookie)
Profile   Post #: 107
RE: Why are so few people wealthy? - 9/16/2014 7:09:31 PM   
LookieNoNookie


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quote:

ORIGINAL: Edwynn

quote:

ORIGINAL: LookieNoNookie
quote:

ORIGINAL: Musicmystery
Again, that's hardly a new concept. Of course it has "occurred" to all of us.

But the reality is that we do have options, and that many people take those options every day.


People in many parts of the world have less than nothing, but people throughout history, with less than nothing have succeeded (without graft) wildly.

It's hard. Damn near impossible (no one ever said success is easy)....but to listen to people bitch and moan about (the lack of) opportunity..................unless they're on life support, in countries such as those who have access to THIS website....if you're bitching about being under the thumb of "the man", lacking opportunity.....kept away from success because of corporate malfeasance.....you're barking up the wrong tree.

Jeeezus people.....learn how not to be poor.

IT'S EASY!!!!!

(Honest).

I never said you can be rich.....God knows some of you will never get past the BASICS of "capable".....few will ever rise above "got the toaster paid for" but EVERY ONE of you CAN be financially better off!!!!

HONEST!!!!!

Start believing that it's possible and you're 2% of the way there.
quote:

quote:



No, actually, just live outside of Indonesia or China or Malaysia or Pakistan or Iraq or Honduras or Mexico or India or Abzfuckustan, etc., then you're 2% of the way there. I worked a lot of Amway shows, back when I was in the showbiz business, and I heard a bunch of people yelling this same "Start believing that it's possible!" mantra disquetingly (and disgustingly) loudly.

But carry on ...

quote:

The other 98% takes (a lot) of work.
quote:



It might be actually down to about 97% or 96% these days, but yes, it takes a lot of work for those Pakistani 10 yr. olds to sew together the soccer balls for the 10 yr. old kids in Europe and N America.

And it takes, by irrefutable evidence, at least 2 billion people working at barely subsistence levels to make all the laptops and tablets and "smart" phones and slippers and underwear and fuck-all other things because, fortunately for us, they are too stupid to figure out that that if they could just make a better wedding card instead, they could, all 2 billion of them, be in the top 2 %.

That's a great way to show appreciation for all these 2 billion workers, not by paying them what their actual economic value is worth, but to tell them that if they could only make better welcome cards, or be 2 billion business consultants instead, then they could be among the 2% non-poor too.

Start believing that it's possible Start believing that it's possible If you do that....become part of that 2%......you're ahead of 99.999999999999999999999999999999999999999999999% of the rest of the population. You "can".

Good gawd.....stop putting roadblocks in front of yourselves!



AAHHHH! Foikin Amway, word for word!


I don't sell Amway, no intelligent human I am familiar with sells Amway (and frankly, anyone that does is a fool).

< Message edited by LookieNoNookie -- 9/16/2014 7:22:33 PM >

(in reply to Edwynn)
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RE: Why are so few people wealthy? - 9/16/2014 7:11:32 PM   
Edwynn


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Ah


< Message edited by Edwynn -- 9/16/2014 7:12:18 PM >

(in reply to Edwynn)
Profile   Post #: 109
RE: Why are so few people wealthy? - 9/16/2014 7:20:49 PM   
LookieNoNookie


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Ya know what....all you fuck offs that seem to believe "it can't be done"....don't CM me. (You can't be saved....largely because you believe you can't be).

All those who have read this long boring diatribe....and TRULY want to be better off.....CM me...tell me your (honest) story and I'll teach you how to be (better off). If you honestly want to be (better off), you'll become so by virtue of the instruction. If you don't, you'll explain to me why it can't be done.

(And you'll be right).

(in reply to LookieNoNookie)
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RE: Why are so few people wealthy? - 9/16/2014 7:28:01 PM   
Edwynn


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No one here is saying that "it can't be done" for any individual.

I was just pointing out that some countries appreciate their workers more than other countries, and pay them accordingly. This is why there are far fewer poor people in those countries. They don't need advice as to how to keep out of the lowest 2%, because they were smart enough to elect governments to make efforts to remove that consideration already. Unfair as things are currently to the newly developing countries, they would do themselves a far greater service in looking to central or northern Europe rather than some other putatively modern economy that keeps spouting incoherent economic nonsense.

And I can't help but to point out that if the US is falling back on lottery capitalism and simplistic capitalist sloganeering, rather than any solid economically viable plan, so that we are only one Amway slogan away from the third world countries in our estimation of what constitutes economic social welfare, then we might be in trouble.

In the meantime, let's just enjoy our laptops and our running shoes, brought to us by severely underpaid workers and the seriously overpaid entrepreneurs collecting the efforts of those many millions of workers for a great price, for that occasion.




< Message edited by Edwynn -- 9/16/2014 7:59:17 PM >

(in reply to LookieNoNookie)
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RE: Why are so few people wealthy? - 9/16/2014 7:37:14 PM   
LookieNoNookie


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quote:

ORIGINAL: Edwynn


No one here is saying that "it can't be done" for any individual.

I was just pointing out that some countries appreciate their workers more than other countries, and pay them accordingly. This is why there are far fewer poor people in those countries.


Of COURSE!!!!

DOH!!!!

Deal with it.

(in reply to Edwynn)
Profile   Post #: 112
RE: Why are so few people wealthy? - 9/16/2014 7:49:04 PM   
Zonie63


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From: The Old Pueblo
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quote:

ORIGINAL: Musicmystery
The issue instead is being a victim someone else must rescue, floating along helplessly, vs. taking a proactive stance.


It's not a question of "rescuing" anyone. Not everyone in society needs to be wealthy, but society has a valid interest in protecting people from exploitation, price gouging, being cheated or abused by the upper strata.

I reject the notion that people aren't taking a proactive stance either. Sure, there may be a lot of slackers out there, but then there are others working two or three different jobs and busting their butts just to stay above water. They're not looking for a handout, nor do they need to be "rescued," but a little consideration for the working stiffs might go a long way.



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RE: Why are so few people wealthy? - 9/16/2014 7:59:02 PM   
Musicmystery


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quote:

ORIGINAL: Zonie63

quote:

ORIGINAL: Musicmystery
The issue instead is being a victim someone else must rescue, floating along helplessly, vs. taking a proactive stance.


It's not a question of "rescuing" anyone. Not everyone in society needs to be wealthy, but society has a valid interest in protecting people from exploitation, price gouging, being cheated or abused by the upper strata.

No one said any different. And again, there's a world of space between being poor and being wealthy. It's called the middle class. It's most of the people.

quote:

I reject the notion that people aren't taking a proactive stance either. Sure, there may be a lot of slackers out there, but then there are others working two or three different jobs and busting their butts just to stay above water. They're not looking for a handout, nor do they need to be "rescued," but a little consideration for the working stiffs might go a long way.

No one said any different. In fact, I've noted that *many* people take these opportunities. And it's not a matter of "slacking." But when someone takes the stance that they have no choices at all, then all that's left for them is victim hood. Doesn't mean life isn't hard -- hell, I lived a year in rural NY with no heat or running water. But until someone sees options, at the very least sucky options, that's a way out. Those working two or three jobs--which I have done as well--aren't slackers (why would you think that???) but rather exercising their options as they see them.

From there, they have better options. They are stuck in the $/hr model, and so can only add more hours to get more dollars. But there are only so many hours. Only when they change paradigms, at least in part, can they leverage their time and free their income from the time clock.


(in reply to Zonie63)
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RE: Why are so few people wealthy? - 9/16/2014 9:05:36 PM   
Edwynn


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~FR~

Here's the latest flash, folks: there is a MASS ARMY of Chinese kids attending US and European universities right now. You can say that this is only my anecdotal observation from my attendance at Ga. State, and living in close proximity to Emory University, but it's a freakin' flood, and I doubt very much that the phenomena is limited to my small corner of the world. Even the f*ck-stupid Chinese imperialists all gussied up as "Communist-cum-Capitalists" are not so stupid as to send army after army of kids over here to bone up on the latest idiocy of Western-spouted capitalist sloganeering. They come for the math and the biology and the physics, and yes, on few occasions, the economics classes, but whatever the case, they are going to take back home with them what they learned about statistics, biology, economics, etc., not what they 'learned' from whatever Amway show (whether in the classroom or elsewhere) they happened to stumble across while in the States.

Just keep on trying to tell 2 billion Chinese workers, who are getting smarter and better educated as we speak (though it's going to take awhile yet), how all fricking 2 billion of them are supposed to think in terms of "self-marketability" as opposed to what they can do for their own society.

If you want to be all Nietzsche about it and blow them up before their cockamamie ideas about society get started, then advocate for that, and do it soon. But otherwise, to those for whom any other way of thinking outside of the "Protestant 'ethic'" of reaping (i.e., cannibalizing) as much as you can from society, that being the only purpose of a society to begin with in this estimation, then you've got quite a shock coming to you when you meet this MASS ARMY of people who actually are born with the notion of placing precedence on society, and understand (from what I witness many times a day) that the individual qua individual him/herself is important, but their effort is definitely to furtherance of society.

Well, sorry folks, but this is what I see every day, and there is no escaping the fact that not only China but several other regions in the world would look at you like you're flubbed in the head for spouting all this sloganeering clap trap.

The 2-3 billion underpaid workers around the world do not seek and most certainly do not want any of your unintended comedy routines about how to write better welcome cards or how to be better business consultants, all 2-3 billion of them. If that's the best you can come up with as proposition to help their society, it's no wonder that they look at you like the wacko Amway salesmen that you in fact are, even if they realize it from direct observation, and you totally missed it from self delusion.




< Message edited by Edwynn -- 9/16/2014 9:18:14 PM >

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RE: Why are so few people wealthy? - 9/17/2014 3:32:28 AM   
BenevolentM


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quote:

ORIGINAL: BenevolentM

It is possible that poverty today is the direct consequence of over population? We rely heavily on progress saving the day.


Check this out

Human Overpopulation - The Myth Debunked!
http://www.youtube.com/watch?v=WIoW-Vb5drI

(in reply to BenevolentM)
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RE: Why are so few people wealthy? - 9/17/2014 3:45:06 AM   
julesinrubber


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surely the question should be firstly why are so few people earning a living wage(as a single person in the uk that is apparrently £16.2k, ammend as appropriate to your nation) probably seconded by what do we consider wealth?
I would argue a decent standard of life, education and income gives a person so much more than millions of top of it! The income cap from poor to middle class is really a small amount, the gap even from the well off middle class to the rich and super rich is vast by comparison. Society gains a vast amount by raising a huge number of lower class to meet the middle, yet very little by bringing a tiny number billionaires down to middle

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RE: Why are so few people wealthy? - 9/17/2014 5:43:13 AM   
Zonie63


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quote:

ORIGINAL: Musicmystery
No one said any different. In fact, I've noted that *many* people take these opportunities. And it's not a matter of "slacking." But when someone takes the stance that they have no choices at all, then all that's left for them is victim hood. Doesn't mean life isn't hard -- hell, I lived a year in rural NY with no heat or running water. But until someone sees options, at the very least sucky options, that's a way out. Those working two or three jobs--which I have done as well--aren't slackers (why would you think that???) but rather exercising their options as they see them.


I didn't say that those working 2 or 3 jobs are slackers; I quite clearly differentiated between the two groups.

quote:


From there, they have better options. They are stuck in the $/hr model, and so can only add more hours to get more dollars. But there are only so many hours. Only when they change paradigms, at least in part, can they leverage their time and free their income from the time clock.


How about just paying them more money per hour, so they can get the same amount of money without having to work so much? Or the pressure can be taken off from the other side in the form of lower prices, lower rents, lower utilities. There are plenty of things that can be done at the societal level. For example, if everyone currently paying a mortgage on their home had their accounts marked "paid in full" and no longer had to worry about mortgage payments, that would be a tremendous boost to the economy. There are plenty of little things like that which could be done to take the pressure off the working class. So what if the banks have to eat the costs? It's about time they started pulling their weight for a change.

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RE: Why are so few people wealthy? - 9/17/2014 5:44:30 AM   
Musicmystery


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And yet again, Edwynn, you jump to conclusions on tangents.

No one is suggesting we solve world poverty with business school. This thread isn't about solving world poverty; it's about the numbers of wealthy. As has been pointed out several times, there's a pretty wide range of economic statuses between those extremes.

Yet even here, look at the programs that are successful -- Micro-lending. Community projects. Packaging rainforest nuts for global markets (instead of slash and burn) and organizing cooperatives. All people looking for other options.

Because continuing to do what isn't working doesn't work. So people do different things to get different results.

You sit and worry about Chinese students stealing your math. I'll continue to work to bring fresh water projects to African villages.

Talk and blame and hand-wringing is easy. It doesn't solve any problems, at any economic level, or at any social/political level. And granted, neither does settling for the status quo. But only talking and blaming and hand-wringing is *also* merely settling for the status quo...just without being happy about it. Change takes change.

And fighting off Chinese math students isn't going to bring economic justice.

(in reply to Edwynn)
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RE: Why are so few people wealthy? - 9/17/2014 6:06:04 AM   
Musicmystery


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quote:

ORIGINAL: Zonie63


quote:

ORIGINAL: Musicmystery
No one said any different. In fact, I've noted that *many* people take these opportunities. And it's not a matter of "slacking." But when someone takes the stance that they have no choices at all, then all that's left for them is victim hood. Doesn't mean life isn't hard -- hell, I lived a year in rural NY with no heat or running water. But until someone sees options, at the very least sucky options, that's a way out. Those working two or three jobs--which I have done as well--aren't slackers (why would you think that???) but rather exercising their options as they see them.


I didn't say that those working 2 or 3 jobs are slackers; I quite clearly differentiated between the two groups.

quote:


From there, they have better options. They are stuck in the $/hr model, and so can only add more hours to get more dollars. But there are only so many hours. Only when they change paradigms, at least in part, can they leverage their time and free their income from the time clock.


How about just paying them more money per hour, so they can get the same amount of money without having to work so much? Or the pressure can be taken off from the other side in the form of lower prices, lower rents, lower utilities. There are plenty of things that can be done at the societal level. For example, if everyone currently paying a mortgage on their home had their accounts marked "paid in full" and no longer had to worry about mortgage payments, that would be a tremendous boost to the economy. There are plenty of little things like that which could be done to take the pressure off the working class. So what if the banks have to eat the costs? It's about time they started pulling their weight for a change.

I know you're determined to be all Don Quixote on this. But you're enshrining several assumptions.

First, I totally hear you on the wage issue. Henry Ford and Peter Drucker got it right. Workers are a resource, and they are also markets. Once again, preaching to the choir. Yup, plenty of short-sighted business practice out there. AND there's plenty of forward-thinking new-business-paradigm practice out there. When all stakeholders, including customers, suppliers, workers, are winners in the deal, business can thrive, for everyone's benefit.

But second, you're totally missing the point. Those workers would *still* be stuck with an income ceiling, because they would *still* be caught in the "time is money" trap, trading hours for dollars. Only when getting outside of that box can they get what they really want -- to do meaning work and to spend much of life enjoying the fruits of that work, rather than working most of life and then finally retiring on whatever meager savings they've put together. It doesn't have to be that way, unless you *insist* on remaining in the time is money trap and remaining at the mercy of others.

When I was struggling, no heat, no running water, working three jobs, beat up small old trailer, living hand to mouth, moving money from creditor to creditor instead of making any headway, I had a series of epiphanies. And the first was, that to get ahead in the system I was living in, I would have to better understand and to use the advantages of that system. But all those advantages went to capital. So--dirt poor, overworked, broke . . . I somehow would have to start gathering capital. Note--not "but I can't do that," but "OK...somehow, I have to start doing this. So...how?"

It doesn't even have to be money. That's among the key economic misunderstandings--it's about resources. For example, today I live in a gorgeous country estate that I probably couldn't afford to purchase--and it's all paid for. How? While struggling in this freezing, burnout cornfield I had bought (with credit) to call "home," I asked the state forester for help (they do it for free) and advice and bought 3000 trees (not all at once) for a dime a tree, 12" plants, and planting them myself, with a shovel. Today, I live in a beautiful garden-ish meadow surrounded by a lush park and forest, with 100 fruit and nut trees, berry patches, vineyards, and veggie gardens. Cost? A few hundred dollars, spent over time. Value of that timber when mature? Over a half million dollars, if I choose to log it (or more likely thin it). Yeah, it could be harmed in a storm, fire, etc., but point is, life is good, simply by realizing I had options, even then.

Your banking point is just silly. First, it would be stealing from private citizens, and second, it would undermine the banking system, meaning the ready access you enjoy to safe deposits, checking, credit cards, loans, and the ability to get a mortgage would be gone or severely limited. The economy would grind to a halt. Remember the crash in 2007/2008? How a banking confidence crisis undermined the economy? That's what you're prescribing. Homeowners would get a windfall, and then be unemployed. The poor would be fucked.

What do you do when there are no jobs? Guess what....there's another option . . .

That's how economies work. Resources are better allocated through products and services.

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