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I'm not an expert, but what you describe as "capital sitting doing nothing" is, presumably, capital invested in some kind of market index? In which case it's by
by ledauphin 7y ago
I'm not an expert, but what you describe as "capital sitting doing nothing" is, presumably, capital invested in some kind of market index? In which case it's by definition not "sitting doing nothing", right?
Unless you were referring to capital in the sense of owned non-market property that appreciates with time? Land/property values are a major topic of discussion throughout this thread for sure.
Just trying to make sure I'm following the thread of the argument here.
- mensetmanusman 7y agoYou are correct, it isn’t ever ‘doing nothing’ The issue is that the returns to the investor far outweigh the gains in wages etc. to the people actually doing the work to increase prosperity.