> The individual pursuit of wealth is not increasing common well-being anymore.
That’s how it’s always been and that’s how we got to where we are today. Because person A wants to make millions or billions of dollars for himself, he creates a company and a product that improves life or solves a problem for people in a community of his choosing, be it everyone or parents or mothers or children, or anything like that. This is how we got to where we are today and that hasn’t changed, the only thing that’s changed is the government influenced trying to control and micromanage the entire system.
> Compounded by rising inequalities
Yeah sure, the rich get richer for sure, the poor do too. The rich get richer faster as well, but why does that matter as long as everyone else is also getting richer and better living conditions and qualities? This is flawed because it works under the assumption that our economy is a zero sum system when it certainly is not, as while money cannot be created from nothing, wealth absolutely can be. When Apple was evaluated to be 2 trillion dollars, they didn’t steal that money from other companies or people, that wealth was created by them, their investors, and the people who bought their products
That’s how it’s always been and that’s how we got to where we are today. Because person A wants to make millions or billions of dollars for himself, he creates a company and a product that improves life or solves a problem for people in a community of his choosing, be it everyone or parents or mothers or children, or anything like that. This is how we got to where we are today and that hasn’t changed, the only thing that’s changed is the government influenced trying to control and micromanage the entire system.
> Compounded by rising inequalities
Yeah sure, the rich get richer for sure, the poor do too. The rich get richer faster as well, but why does that matter as long as everyone else is also getting richer and better living conditions and qualities? This is flawed because it works under the assumption that our economy is a zero sum system when it certainly is not, as while money cannot be created from nothing, wealth absolutely can be. When Apple was evaluated to be 2 trillion dollars, they didn’t steal that money from other companies or people, that wealth was created by them, their investors, and the people who bought their products