Long term sustained production capacity and knowledge are types of wealth. How could they not be? They are valuable. In the long run, they are the most valuabl

Long term sustained production capacity and knowledge are types of wealth. How could they not be? They are valuable. In the long run, they are the most valuable types of wealth. If you think people are too short sighted, you may be right, but that isn't a fault of wealth itself. Actually, increased knowledge reduces shortsightedness. And BTW so does increased material wealth: people take a more long term view when they aren't starving.