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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Nov 20 4:00 PM EST

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To: arun gera who wrote (88290)	3/23/2012 4:28:35 AM
From: Maurice Winn	2 Recommendations Read Replies (1) of 217906

That's my argument: <Wealthy people have not created all this value. They just control the value and assets generated by thousands of years of human progress> Which is why we need tradable citizenship to recognize that accumulated value. The wealthy people, along with their customers, use all the accumulated knowledge and other inherited value, then add even more value which they sell to people who want to buy it. ALL of the wealth transferred from voluntary buyers to the wealthy is created by those wealthy people creating not just that much value but the consumer surplus enjoyed by their customers as well. But really, you treating wealth as something found by those born now and "controlled" by the current wealthy. That's plain wrong. Anyone can use the accumulated wealth of "thousands of years" such as domesticated animal breeding. But those who currently accumulate wealth, have to do something extra over and above what has already been done. THAT is what they accumulate as their own personal wealth and they totally deserve to keep it all and not have envious criminals robbing them. For example, the Facebook shareholders and Google shareholders have added enormous value to the previously created accumulated value of Cyberspace. Anyone could have done it. There was no barrier to entry or your supposed "Control". All they did was create good ideas that billions of people want to buy. ALL of the money aka wealth paid to Google and Facebook was created by them albeit on the foundations of all that had gone before. Hopefully that's clear enough. Google doesn't stop you using as much Cyberspace if you want to do so, or creating a better search system and Street View etc. Mqurice

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