Mattyfisk wrote on Mar 25
th, 2019 at 3:12pm:
Gnads wrote on Mar 25
th, 2019 at 2:28pm:
aquascoot wrote on Mar 25
th, 2019 at 7:14am:
global wealth creation benefits all.
wealth creation by entrepreneurs is what is raising global living standards.
attempts by government to regulate our noble wealth creators are examples of governments shooting themselves in the foot.
i think i understand this very well
On going action by govt that regulates/controls workers wealth to the benefit of those erroneously so called noble wealth creators is ongoing globally and is like parasites taking from many angles.
Keeping people in their place and under control by fear, debt and reliance.
Power corrupts absolute power corrupts absolutely.
Very true. Aquascoot's got it the wrong way around.
It's governments who facilitate wealth creation through croneyism.
The more wealth you have, the more you're able to create monopolies. Microsoft is an excellent example of this, now being superceded by the Amazons and Facebooks.
Microsoft developed the model - pirate or buy up the competition. It's almost too easy.
This, of course, was in an unregulated market. It's even easier in China, Russia and the developing world, where you just have to make friends with those in power.
Just look at the results: Putin's one of the richest leaders in the world now, up there with the Marcoses and Shinawatras and Suhatos and Gaddafis and on and on. The big risk for dictators, of course, is revolutions. It's rumoured that Putin stared at the footage of Gaddafi's killing for hours - not unlike Hitler, who vowed he'd never go the way of Mussolini, who's hanged corpse image went viral in its time.
Their cronies fear the same, but from their Dear Leaders. Putin's oligarchs know what happens to those who complain.
no, you have it wrong.
wealth is created out of thin air by creative people.
governments create virtually none of it.
say you are sitting on a beach in hawaii 60 years ago.
there no surfing industry, theres a few dudes having fun but no wealth is being created.
now some entrepreneur starts the billabong pro circuit, the quicksilver pro.
now there is money jobs, an industry in boards, an industry in fashion, an nindustry in film and in magazines.
there is travel and accomodation and all the flow on wealth created out of nothing.
your model would be that those nasty entreprenuers that started this industry "stole all the waves"
they "hoarded the waves' and they didnt leave any waves for the little guys.
its all a lie you tell yourself to cover your own inaction and lack of creativity.
and governments are just as inactive and lacking in creativity.
they 'react', they dont "act".
and there are 1000's of such industries that have created billions of dollars out of nothing.
good grief man, no one ate avacado til 30 years ago.
now its a billion dollars of wealth created out of nothing.
did bob hawke plant the trees and start the brunch cafe culture, did paul keating set up the eateries.
look around yourself and open your eyes.
do something more productive then be jealous of russian oligarchs