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by fallingfrog
427 days ago
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"Back then, wealth mostly came from land grabs, tax farming, and debt slavery. The rich were rich because the poor were poor." With all due respect my friend. That is 100% how it still works right now. That is how it has always worked. The reason you think otherwise is because you are not poor. |
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It seems to me economic growth is the proof that money is not a zero-sum game, and that one can create value, that creates jobs, opportunities and a betterment in life across the board. A tide that lifts all boats.
You can validate that by looking at world economies. The countries with no innovation/entrepreneurship aren't better off for having less people building wealth: everybody is just poorer. In contrast, more capitalist wealth-oriented economies tend to create more opportunities.