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Poverty is the natural state of man. Its not until he could trade and keep the results of his efforts that he was able to start accumulating capital. Governme
by stretchwithme 16y ago
Poverty is the natural state of man. Its not until he could trade and keep the results of his efforts that he was able to start accumulating capital.
Government limited to the enforcement of property rights allows each of us to accumulate capital.
But some of us are smarter, work harder and defer consumption. They can accumulate more than others. There is nothing wrong with that.
Then mass production and mass media came along, enabling some to sell what they produced to millions of people and accumulating a lot more. Still no crime committed.
In fact, the average person benefits when others are able to produce a lot with little effort. Things become cheaper.
And those who save rather than consuming benefit us too. We can borrow their money and invest in improving our own productive abilities.
Its true that those who commit crimes and get away with it also can accumulate wealth, but that doesn't mean that those who've respected the rights of others don't deserve what they've accumulated.