2 ms·
Most people do create wealth. That is exactly how those wealthy people become wealthy - by having someone create wealth for them, and then appropriating most of
by int_19h 9mo ago
Most people do create wealth. That is exactly how those wealthy people become wealthy - by having someone create wealth for them, and then appropriating most of it.
- the_gipsy 9mo agoLet's be clear: the appropriation mostly consists of leveraging existing (inherited) wealth and other social privileges.
- int_19h 8mo agoLeveraging ownership of capital, more specifically. But lest we forget, all this wealth is still protected by people with guns. These days, those people normally work for the state rather than directly for the wealthy, but the latter can also leverage their wealth to steer politics such that the state does violence on their behalf to protect their property as needed.