@xexon,
xexon;65667 wrote:Just because you have money doesn't mean you can change the world with it.
There will always be other people with money who want to keep it just the way it is.
You have to change public opinion about how the world is run first, then follow up with action, putting your money where your mouth is.
Otherwise you feed a person for a day instead of teaching them to farm and feed themselves.
There's plenty of food in the world. Starvation is a result of a lack of compassion, not a lack of food.
x
We are all part of the economy and all effect each other. If all the rich sat on their money, the economic systems of the world would stop functioning.
A good socio economic pyramid will look like a nice triangular pyramid.
If the upper levels, where the rich money is show, are wider than the lower ones, where the poor money is shown, then it is showing a disproportional number of poor money, at the bottom, as opposed to the rich at the top. Any excess at the top levels that exceed the ones below show a disproportional variance between the rich of a nation over the poor of that nation.
If you consider the French revolution, you would note that in that day, their demographic pyramid had lost it's nice triangular shape with the few aristocrats owning much of the wealth and the greatly larger number of serfs with basically nothing.
Their pyramid would have looked like a block with an umbrella over it. Way to wide at the top and way too thin yet high, at the bottom.
There must always be men of wealth at the top and poor at the bottom.
The trick for a healthy economy is to maintain the triangle shape and just keep the money moving.
The rich must get rid of their money to the poor and the poor will spend it to keep it flowing back up the chain to the rich man that must keep giving it away or spending it.
This is a healthy economy. When accumulation begins then the economy lags.
Even in our last recession, did you not notice politicians encouraging us to keep spending?
Did you also note that the banks, rich money, pumped more of it through lending, to the poor?
It is therefore unethical for a rich man to amass great wealth because it causes suffering or poverty further down the demographic pyramid, proportional to what he hoards.
So to answer your question of what is wealth. Wealth is meaningless. It is not a number. Excess wealth is what is important and this is the overhang that exists on a socio economic demographic pyramid.
If I was a demographer with his charts it would be simpler to see but this is the best way I know of explaining it. I hope it is clear.
Regards
DL