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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (367854)1/22/2008 12:48:54 PM
From: Road Walker  Read Replies (2) | Respond to of 1575697
 
Wealth isn't primarily distributed from some central point (even with the large government we have today), it is created. If someone starts a business that meets the demand of consumers he is creating wealth, it isn't being distributed to him. Taxes and other factors will distribute some of it away from him, but to the extent that taxes fund worthwhile programs that distribution is to other people's advantage, as is his economic activity, and any charitable contributions he makes.

One person doesn't create wealth, bunches of people create wealth including those that manufacture the product or service, those who invest in it, and others. The free cash flow from the gross profit gets distributed between all those that are creating the welath, not just the guy that had the original idea, or in the case of a public company the CEO.

That distribution is an "at the expense of" issue. If you pay the CEO more then others suffer, be it the stockholders or the employees. It's a zero sum game at any given moment.