4 ms·

We shouldn't sit on our hands or whatever but wealth isn't a creation of laws, it's a bit of the inverse. Some laws can remove wealth and some laws are gonna

• istjohn 3y ago
  Without laws, you have anarchy. Laws create the institutions necessary to have an economy capable of creating wealth.
  • sobkas 3y ago
    > Without laws, you have anarchy. Laws create the institutions necessary to have an economy capable of creating wealth. Without laws you don't have anarchy, you just have rule of strongest. Anarchy can have laws but no authority that enforces them.
    • seanw444 3y ago
      If we moved into a world without government and laws, it'd be replaced by a sort of modernized feudalism. Not anarchy.
• tivert 3y ago
  > We shouldn't sit on our hands or whatever but wealth isn't a creation of laws, it's a bit of the inverse. Huh? Maybe in the deep, deep past; but definitely not now. Even back then, where there were no states and little social organization, there was still custom within groups that worked like law. > Some laws can remove wealth and some laws are gonna take a lotta of guns and manpower (resources ==wealth) to implement. Zuckerberg and Facebook have no army and no means to raise one, despite the wealth they have. They are totally, utterly at the mercy of laws and regulations.
• UncleMeat 3y ago
  Mark Zuckerburg's wealth is absolutely a creation of laws. Almost all of his wealth comes from his ownership of a corporation. The corporation only exists because of laws. It is only a sale-able asset because of laws.