Post
Topic
Board Economics
Re: Why we give respect to Rich and no-respect to poor?
by
Nicolas Dorier
on 01/09/2014, 21:49:29 UTC
Being rich = inheriting, scamming, etc.
This could not be further from the truth. You become rich by working hard

I'd like some of what you're smoking. Grin

Putting aside the question of where their capital originated from.... the very idea that wealth is "inherited" is at odds with the idea of "working hard." Some people are just born into money, and they are lazy as hell.

No man can be smaller that its money. (Atlas shrugged Wink)
If money comes into the hand of the lazy, then it will flee from its hand, no need for government intervention to take it from its hand by force to redistribute.

A fat purse quickly empties if there be no golden stream to refill it. (Richest man in babylon)
The man smaller than his money finish on crack, killed, abused, looted, and find that nothing can buy a purpose, so he will often be prone to depression.
Having too much money when you are not as great to make it is a curse.

So yes, you become wealthy by working hard and, I will add, for yourself. You can inherit the money, but I don't see what to envy to the dumb that can't make it that would justify coercion.

Maybe society should make the difference between rich and wealthy.
You can't inherit wealth, but you can inherit large sum of money.
Being wealthy is the power to attract money without coercion, so by definition a wealthy person becomes rich.