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If you read a biography of Jobs, you'd know that Apple was 90 days from bankruptcy when they invited Jobs to take the helm. This was after a series of CEOs, eac
by WalterBright 7mo ago
If you read a biography of Jobs, you'd know that Apple was 90 days from bankruptcy when they invited Jobs to take the helm. This was after a series of CEOs, each one more clueless than the previous at how to run the company. With the same company, the same workers, the same everything, Jobs reorganized and reshaped it and thereby took it to a trillion dollar valuation.
That's creating wealth.
Jobs also did something similar with Pixar. Maybe reread what he did at Pixar? It was Jobs that made the difference and created the wealth.
Do you really think that you (or I) could have replaced Jobs and created the same amount of wealth that you attribute to everything but what Jobs actually did?
Not a chance.
BTW, look at the history of the United States. If you believe wealth is transferred, not created, where in heck was the wealth today back in 1776? Who the heck was it transferred from? Did it randomly somehow fall out of the sky?
If you still cannot see this, start your own business. It will soon be very apparent how wealth is created.