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In some situations and places, wealth can be harder to create. On the individual level, it would be hard to refute the fact that somebody with an Ivy League col
by meat-eater 19y ago
In some situations and places, wealth can be harder to create. On the individual level, it would be hard to refute the fact that somebody with an Ivy League college education has more wealth creation opportunities than a farmer from a 3rd world country. Same thing also applies to poor countries and rich countries. So even though poverty is the rest state, it really doesn't help that some people are taking advantage of other people to create it.
- pchristensen 19y agoThis just shows that there are forms of societal wealth, without which there is just another form of poverty. Things like a legal system, low crime, enforceable contracts, public safety, etc are all forms of wealth that enable new investments and more wealth. Falls in the same category as seaports, natural resources, an educated populace, etc.