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No, wealthy people invest their money in all aspects of the economy to both benefit themselves and others, from their own businesses (whose objects vary, but ar
by nickff 11y ago
No, wealthy people invest their money in all aspects of the economy to both benefit themselves and others, from their own businesses (whose objects vary, but are generally positive in terms of human welfare), to startups (which advance new technologies), to municipal loans (which finance infrastructure), and even many donations which pay for university research.