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The Most Basic Motivation For Wealth Creation [Copy link] 中文

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Post time 2019-2-4 11:58:42 |Display all floors

Not all who are wealthy are at fault somehow. Many earn it honestly or inherit it legally, not at anyone else's expense.



Not all who are poor and struggling are so due to someone else's fault. They truly have not earned wealth or sympathy in society.



There are corrupt and honest rich, just like honest and corrupt poor. They each need to be treated differently, according to their nature, not their level of wealth.



A single individual cannot use more than a certain amount of wealth on themselves. Whether honest or crooked, the wealthy almost always spend most on others - the ones they choose.



The desire and right to will the fruits of one's work to whoever one wants to, usually one's own kids and family, is the greatest motivation for almost any human work, enterprise and business.



If this desire or freedom is taken away or eroded too much, the motivation of most humans to be productive will be killed off, society will decay and collapse. This is the area where socialism or communism is fatally flawed and must be kept out of. Even highly socialist societies that have kept free choice in this area have always survived and thrived while the rest have collapsed.


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Post time 2019-2-13 08:05:12 |Display all floors
Generally, I agree. Because I had upper-middle-class parents and never felt poor, I was not motivated to become very wealthy. Nevertheless, I am very comfortable in my retirement and living off a good investment portfolio. I often wonder what provides the motivation for people who are obsessed with wealth. Perhaps it's very much like playing a challenging game. I doubt that taxes need to trouble those who are rich. Taxes are not socialism or communism. They are part of one's duty to fellow citizens and a means of paying for things that make society pleasant.
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HailChina! Post time: 2019-2-13 05:33
You are aware that Hitler was a socialist aren't you Kyler. Hitler encouraged private wealth creatio ...

Hitler was not a socialist. He merely adopted the name National Socialist German Workers' Party to gain support among the working-class. It's basically a contradiction to be racist and nationalist if you claim to be a socialist. The basic idea of socialism is that all humans in the working-class should unite to seek social justice.

I am not a real socialist myself because I believe that the capitalist free-enterprise economy should be preserved and only modified by certain socialist elements to protect the poor. I am what's called a "social democrat" which is basically a quite "liberal" capitalist.
My problem is simple: I just know better than everyone-else!

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Ted180 Post time: 2019-2-18 08:24
Hitler was not a socialist. He merely adopted the name National Socialist German Workers' Party to ...

Ted, thanks for this post. It is very clarifying.
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KIyer Post time: 2019-2-18 05:13
Ted, thanks for this post. It is very clarifying.

We differ on some issues; but I value you intellect, ability to write artistically and that you are a  gentleman!
My problem is simple: I just know better than everyone-else!

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Ted180 Post time: 2019-2-21 14:15
We differ on some issues; but I value you intellect, ability to write artistically and that you ar ...

oh! Ted, thanks for your kind words.
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