3 ms·

This way of looking at things assumes that wealth is a finite resource, and that by some people having a lot it is depriving others. Wealth doesn't work like t

This way of looking at things assumes that wealth is a finite resource, and that by some people having a lot it is depriving others. Wealth doesn't work like that, though. It's not a zero sum game. Wealth is infinite, and can be created from nothing by providing a good or service that people need. I had a friend who was a multimillionaire, got there by building stone walls. Another friend who's an immigrant, worth over ten million, got there by making custom iron and steel windows and doors. I have a friend who's worth over a million, got there by working hard and saving his whole life. Another friend who's worth over thirty million, got there by making web sites for auto dealerships. Another one who's worth a bit over a million, got there by risking his life savings on opening up a winery. A former neighbor had a multi-million dollar home. Also an immigrant. Got there by cleaning restaurant grease traps. I could go on. Wealth can be created from nothing. From something as simple as an idea. The only qualifying factor is that you have to make something that other people want. It can be anything, a wall, a song, a good bottle of wine, an iron door, a NFT (ugh), ...anything. There's no limit to wealth. Our poorest today live like kings compared to those in poverty 100 years ago. Because we've created massive, overwhelming wealth in this country. And there's no end in sight. All we need is the willingness to do it. To spend our time building up rather than tearing down. Looking at someone's wealth and saying "that's not fair, we should destroy that and give it to others" is a juvenile solution that destroys societies. I understand the temptation though. It's harder to create than to destroy. It takes more intellectual rigor. It takes a leap into self ownership and responsibility. That's hard to do when we've been taught from a young age that our situation is someone else's fault. Class warfare is a tool that's used by conmen to gain short term power. It ends up destroying everything.

cudgy 4y ago
> I had a friend who was a multimillionaire, got there by building stone walls. Your friend did not make that much money building stone walls. Your friend made that money acting as a middleman hiring teams of low paid workers (likely undocumented migrants) to build the stone walls while he received a handsome cut for little effort. > Another friend who's an immigrant, worth over ten million, got there by making custom iron and steel windows and doors. Not sure why you mention them being an immigrant. Are immigrants less capable than non-immigrants? Anyway, same rule applies. Your friend did not do this work; they hired people (most likely undocumented immigrants) and paid them under the table. They simply act as a middleman too, extracting the vast majority of the wealth while paying peanuts to the workers. I bet both of your friends got government loans to go to college and took advantage of the free government CARE loans and possibly even received huge tax breaks for his/her business; virtually all of this government money is unavailable to his workers.
- claytongulick 4y ago
  You certainly are full of assumptions about people you have never met and have no information about. > Not sure why you mention them being an immigrant Illustrating the American Dream. They started from nothing, worked hard, and made it big. There's a reason why people from around the world are flocking to this country. With hard work, good ideas, and grit it's possible to achieve anything. Anyone has the ability to change their stars in this country. I've seen tons of examples. I've listed just a few. Instead of being inspired by these examples, you lash out, angrily. Accuse some very decent people of treating their employees badly (which is completely untrue, by the way). You accuse strangers, who are friends of mine, of all sorts of abuse, with zero knowledge. What sort of anger and disillusionment drives that? I hope you can overcome it. By the way, some of those folks I mentioned made millionaires of some of their employees too. Slightly more than peanuts.

cudgy 4y ago

> I had a friend who was a multimillionaire, got there by building stone walls. Your friend did not make that much money building stone walls. Your friend made that money acting as a middleman hiring teams of low paid workers (likely undocumented migrants) to build the stone walls while he received a handsome cut for little effort. > Another friend who's an immigrant, worth over ten million, got there by making custom iron and steel windows and doors. Not sure why you mention them being an immigrant. Are immigrants less capable than non-immigrants? Anyway, same rule applies. Your friend did not do this work; they hired people (most likely undocumented immigrants) and paid them under the table. They simply act as a middleman too, extracting the vast majority of the wealth while paying peanuts to the workers. I bet both of your friends got government loans to go to college and took advantage of the free government CARE loans and possibly even received huge tax breaks for his/her business; virtually all of this government money is unavailable to his workers.

claytongulick 4y ago
You certainly are full of assumptions about people you have never met and have no information about. > Not sure why you mention them being an immigrant Illustrating the American Dream. They started from nothing, worked hard, and made it big. There's a reason why people from around the world are flocking to this country. With hard work, good ideas, and grit it's possible to achieve anything. Anyone has the ability to change their stars in this country. I've seen tons of examples. I've listed just a few. Instead of being inspired by these examples, you lash out, angrily. Accuse some very decent people of treating their employees badly (which is completely untrue, by the way). You accuse strangers, who are friends of mine, of all sorts of abuse, with zero knowledge. What sort of anger and disillusionment drives that? I hope you can overcome it. By the way, some of those folks I mentioned made millionaires of some of their employees too. Slightly more than peanuts.