Quote from: Gyfts on Today at 04:56:28 AM

Quote from: paxmao on October 20, 2021, 10:02:38 PM

Quote from: Gozie51 on October 20, 2021, 09:23:19 PM

About the rich, they do add value sort off during their investment in the country that adds to the GDP and increase per income to their employees. The employees are made responsible to their families as they paid and they take care of their children, send them to school, feed and provide shelter.

The rich also add value because of different types of taxes levied against them and their businesses. The monies being generated from that are used to provide social amenities to the people.

Likewise not all the poor are parasites. Some poor have good knowledge to be better but may lack capital to do something with their knowledge. The poor are employed in government and they develop good policy to the government, they are very dedicated to work for progress to the area of life they find themselves.

No, the "rich" parasite does not add any value by paying others. He is not creating anything for anyone. You do not understand the difference between money and value.

Please, read a bit more carefully and see if I say that all poor are parasites in any part of my post.

The rich is paying some one else, that is creating a job. How can you say that isn't creating something?

Yes I reallyly would think that paying some one else that is creating a job is adding value from the angle I'm coming from, by not generalizing. Some rich people may have given jobs to subordinate illicitly or for illegal purposes and for selfish purpose but at the point the money is paid it helps the next man to sustain and better their lives. I wonder how OP can push that away as not value Grin

Wages and salary are part of value at least considered as immediate value. Example Elon musk is creating value by pumping dogecoin and hodlers are making profit from that and that is immediate value but whatever is done with the proceed of the doge pump IMO may be the after effect but initial value has been created which is an opportunity of itself.