Once, we were taught in our schools what wealth and money truly were. How money was simply a way to measure value of objects, and rather subjective at that. The truth that wealth was not a zero-sum ratio was so well established that it was assumed that there was no need to continue teaching it; that it was so self-evident as to be unnecessary to explain. Its a shame these are not part of curriculum anymore.
The first point Id like to address is wealth. Too many ignorant fools carry on that those with wealth "stole" it from others, acting as though there is some limited amount of wealth in the world. Wealth is when one takes raw materials and turns them into items of value. Sand has nearly no value. Melt it into glass, and it increases a small amount. Turn that glass into a special bottle or statue, and it becomes even more valuable.And that's one simple example. The limit of turning raw materials like wood, metal or sand into needed items is limited only by imagination and industry. So, as long as there is imagination, raw materials, and someone willing to work hard, wealth will keep being produced.No one is "stealing" it from you. Either you produce wealth, or you dont.
Next is the explanation of money, something economics seems to have stopped teaching. Regardless of the form the currency takes, or what it is backed by, all money is essentially assigning a worth to objects for trade. Many tend to forget that this value is entirely subjective. One man may think his first edition batman comic book is worth millions, but to most everyone else, its just pulp-paper. I could go on with a near-endless list of other items, but I think this explains the idea quite well. So its not some conspiracy of evil keeping money from you, but rather a simple matter of "can they buy what you're offering somewhere else for cheaper?"
No comments:
Post a Comment