Most people will never be responsible with money. They don't understand it, and certainly don't respect it. That is why wealth flows from the irresponsible many to the responsible few. And that is how it should be.
Couldn't agree more. Most people aren't really responsible with their spending habits; they tend to follow their "wants" more instead of their "needs." If you look on the biography on most of the rich people, you will see that most of them came from nothing but thrived hard and struggled until they reached their riches and wealth. If only people will be responsible on how they spend their money and where would they spend it, I think there would be many rich people than there are poor.
Another interesting note is that most wealthy people learn to live below their means, and CONTINUE to do that even after becoming rich (say a millionaire). They will continue to drive say a Honda when they could easily buy a mercedes. They know basic money principals and know that the price drop on a new mercedes makes it a HEAVILY depreciating asset. They arent interested in those. A depreciating asset that loses 30k in value in 3-4 years is a bad idea for anyone, wealthy or not. They instead continue to drive a cheaper car, and use the savings to invest and make more.