And is wealth bad?

Philosophy Forums Society, Government, and Economics
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The rich have most of the money, this is bad for everyone else because they do not share it??

What if there was a limit how much money anyone can have. Everything over that limit a person makes from their job or companies they must put to another use somehow. What would be a good use for it?

Not the government, it will spend more and is already in debt. And I don’t agree with too many handouts. But what if the extra pool of money is used for job creation? Like investments in new business or venture capital.

I asked AI: If there was an income limit of one million dollars then how much leftover money would be in a pool to use for other things? It says between 1 trillion and 2 trillion dollars within 2 years.

That’s a lot of money we can use to create new jobs and infrastructure and also to some social programs, but mostly for investment in venture capital and boost the job market and economy. Instead of all that extra “wealth” sitting in the hands of the top 0.1% super rich who already control everything anyway.

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If you said the same about women and pussy, it would make you a rapist.

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The people that have the most wealth don’t even have the most money. At that type of thing, it’s not as just having a number in some database with your name alongside, nor a collection of green papers.

Picture this: people with lots of influence (that is wealth) have means to make anything they can manage over that amount to spread into assets not in their name, so really un-taxable. You have to think of the consequences of the consequences (and so on) of your proposals

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Are you saying the top 1% of the richest people on earth have 99% of all the women and pussy in the world?

Because if they did, then I would still be arguing for them to share. Same with money, or land, or anything else.

And also no, it does not or would not make me a rapist. That makes no sense at all, since I did not say anything about raping anyone.

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I’m saying rapists think in terms of it being unfair that they want something and don’t have it.

Slime, basically.

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I see that is a common logical fallacy, just because a person thinks for a certain way does not mean everyone else who may also think in that same way is the same as that person in other ways.

To think something is unfair, is a basic human feeling. Many things in life are unfair. If 0.1% of the humans on earth own 99% of all wealth, most people would call that unfair. You don’t though, that is fine. But more to the point, are you really saying it makes sense for 1% of the people to own 99% of the wealth in the world? That is more like the point of this topic then.

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Not the brightest bulb. I’ll just put you back in the cupboard here.

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this doesn’t answer the whole issue, but it’s one issue: one part of the problem is the wealthy have been moving away from actually making things or providing services. Go back a few decades and that was the overwhelming thing that corporations did, for example. A lot of today’s massive wealth isn’t coming from actually making useful things or serving people anymore—it’s coming from playing games with money. Instead of investing in real innovation, better products, or their own workforce, the super-rich and big corporations are getting richer just by shuffling paper around. They rely on financial tricks, short selling, and complex bets to drain quick cash out of companies rather than building them up. It’s less about creating real value and more about squeezing healthy businesses dry for fast profits, often wrecking the actual companies while a tiny group at the top walks away with all the cash. Derivatives, short sales, share buybacks, leveraged buyouts, asset-stripping, credit default swaps, dividend recapitalizations, collateralized debt obligations, junk bonds, corporate hollowing, rent-seeking, and financialization are just some of these processes. Which means they are making money by fiddling around in between products and humans. Or without even coming near products and services. And that is coming right out of everyone’s pockets, which is why you have to work harder than before and more hours than before to get to the same place.

And you can have capitalism and wealthy people without this crap. There’s been a slow slide through the decades of my life towards this.

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But I think all of those tricks and things are just the inevitability of capitalism? Why not? Capitalism is all about making money, and the things you describe are just modern more efficient ways to do that.

Sure you could start a business or invest in a company’s growth by its making better products over time, or you can just play games in the stock market. Which is more efficient from your point of view, to make a lot of money right away?

There need to be very strong laws against any kind of manipulations and those financial tricks, like derivatives and short selling, but that is not going to happen because capitalism is all about “free market” which means the rich makes the rules. And the rich will make the rules that make them even richer.

“He who has the gold makes the rules” is age old wisdom, nothing new under the sun today.

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@Socrates
@Rocken44

“I am the victim and raped here, it is within my power to force and coerce people to work for next to nothing or for free. If they find it unfair wanting some of my cornucopia of prosperity for themselves because they don’t want to live their entire lives as expendable slaves barely sustaining themselves over nothing clearly they’re the worst kind of tyrannical thieves! Not sweet and innocent like myself within my organization of existential bondage and financial exploitation. It’s purely virtuous to pay them in peanuts and letting them eat cake. Workers are disposable as a cum stain rag! Please acknowledge my victimhood in all of this!”

Ah, the fake alligator tears of capitalists and libertarians everywhere. Truly Emmy Award Winning acting with constant psychological manipulation.

Truly astounding to watch and observe every single time.

:clown_face:

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Are you telling or asking?

And, what is ‘rich’, exactly?

Not it, let’s say, you are 40 trillion dollars in debt, for example.

Why do some people look at money and wealth as though it has something to do with life and living?

I have noticed in these philosophy forums quite a bit of talk about these truly unnecessary things in Life. They are spoken about as though they have some sort of importance, but obviously they DO NOT.

So, why do so many adults consider money or wealth good, important, or even necessary?

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So, what is ‘the problem’, exactly, that ‘this’ here is supposedly one part of?

Also, what is the ‘whole issue’, exactly?

Who cares if they are obtaining more unnecessary stuff?

When you say, “everyone”, do you mean ‘every’ one, or ‘some’ instead?

Also, if ‘these ones’ did not take the money out of their pockets and ‘give it to them’, then ‘they’ obviously would not have so much money, clearly.

How, exactly?

And, what do ‘capitalism’ and ‘wealthy people’ mean, to you, exactly?

Also, was it not the so-called “wealthy people”, or “their friends”, who made up what you call ‘this crap’ and ‘the rules’ for ‘this crap’ anyway?

If yes, then how, exactly, can you have ‘wealthy people’ without the very things that ‘they’ make up to benefit ‘them’?

Some could say and argue there has been a slow or gradual downhill slide to ‘this way of life and living’ ever since human beings were created into Existence through evolution.

But, the beauty of all of this taking millenias of a slow slide downhill is that when adult human beings finally decide enough is enough and take responsibility for the Wrong that only ‘they’ have been creating and causing here, then the climb back uphill is very, very, quick, simple, and easy.

See, the reason WHY this downhill slide took so very, very long is because it goes completely AGAINST our natural instincts. So, when the turnaround is finally made and ‘we’ are following and going WITH our natural instincts, the speed of actual Real progress is exponential, and happens in only a generation or two.

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I agree.

Very True.

It is the laws that make up ‘the tricks’, which benefit only some.

So, making ‘stronger laws’ could make ‘stronger tricks’, which might mean even less might benefit ‘more strongly’, from.

Therefore, how about instead of making ‘strong laws’, which are ‘the rules’ that the “rich” have and will continue to make, another whole, completely different system and strategy is implemented instead? And, one that actually works for and benefits EVERY one equally?

But ‘that’ is NOT wisdom AT ALL.

‘That’ is another example of how, just quickly, simply, and easily, some people can be tricked, fooled, and deceived.

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Perhaps. But it did change. It ran for a long time without these tricks or with them as a tiny piece of the pie. I’m not saying the rest of capitalism is ok, but often the arguments in defense of capitalism talk about job creation and the production of products and services, but we’ve taken a huge turn away from those things. Perhaps it is an inevitable result, as you say. I don’t know. They could be curtailed via legislation. But then capitalism undermines representative democracy, so who knows.

Often in these discussions it ends up being capitalism bad or capitalism good. One of those may well be right, but possibly, just possibly, there could be agreement across usual enemy lines that specific facets of capitalism today are bad and those could be removed. Capitalism can be many, many, many different things. China is really quite capitalist in many ways. Scandanavia is capitalist and even was 40 years ago when many Americans would consider them socialist. You can just assume what we have is capitalism, that that’s the way capitalism is, and so we either choose to support capitalism with every single facet of what that is like today - I didn’t get into the bizarre world of getting to create money over and over as a banker and all the other weird facets of current Western banking that you can eliminate and still have capitalism.

So, I am raising specific facets to try to get some nuances, otherwise everyone digs in their heels and starts yelling fascist or communist and it’s all binary and smug.

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This statement indicates an error in thinking. It evinces a zero-sum game view of wealth. “The rich have most of the money” means that there is a fixed amount of wealth that is unfairly distributed. Wealth and money are the frozen form of human morality. There is nothing more moral and noble than a person working to support themselves. This requires production. Wealth is goods that are produced but not consumed. That’s all it is. There is practically no limit to production. There isn’t a fixed amount of wealth that each person deserves a share of. It is the responsibility of each person, if he wants to live, to produce the values that his life requires and wealth is not determined by a “distributor” but on effort.

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Not any more, no. You can make money by all sorts of financial games that do not lead to increased production. This is more and more the way the wealthy and corporations are making money and that is definitely coming out of other people’s pockets.

See

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Money is the root of all evil -Jesus

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Let me purify you.

I’ll send you my bank details.

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