Post
Topic
Board Economics
Re: Is it true that 80% of the world's wealth in the hands of 20%?
by
Supreemo
on 15/04/2023, 03:22:44 UTC
Who would labor and serve them if everyone became wealthy? That is the government's mentality. While their citizens are suffering and under their power, they keep getting rich.


What governments can do to make it more equitable?
The government cannot provide its people with equitable wealth. The best they can do is provide a level playing field for employment for its citizens, leaving it up to the individual to come up with a business concept independent of the government that will make him wealthy. The government can not make you wealthy tomorrow because they are afraid that if they do it today, you will challenge, or compete with them in the future. That's why they are fighting crypto as bestdss said

Just think about the reasons why so many governments of the world are against cryptocurrency.

that's a fact and to add to that, at the very top of the food chaun where rich people live, they keep accumulating wealth to have more influence in the economy while letting people work for them. the ones who have more money can dominate who's below them and they can even command and make decisions for the economy. a good example is how Elon keeps doing things, the only downside to that is his inconsistent behaviour.