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Wealth is produced, not distributed. You earn stuff you created, not stolen from someone else
by ttoinou 9y ago
Wealth is produced, not distributed. You earn stuff you created, not stolen from someone else
- clairity 9y agoif you want such a simplistic view, then no, you don't really produce wealth, you accumulate it. we create value and that is what we accumulate in the form of wealth. money is used to abstract that value into a commonly exchangeable medium, which is the form in which wealth is generally accumulated. it's a pretty neat system at its core. the concept of stealing is entirely beside the point.
- ttoinou 9y agowe create value How ?
- clairity 9y agoa good intro to the topic: https://en.wikipedia.org/wiki/Value_(economics) https://en.wikipedia.org/wiki/Value_(economics)
- ttoinou 9y agoSpot on, this article precisely never talks about value creation. we create value and that is what we accumulate in the form of wealth So if you go to a concert, you accumulate that experience into your wealth, and you think this value should rather be redistributed ?