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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (73340)	4/19/2011 1:10:18 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 217669

ElM, you have been tricked by Wayoists: <Societies that have a very uneven distribution of income accumulate human and physical capital for the privileged elite. In the Ming Dynasty, around the 14th Century, the Chinese invented gunpowder, the printing press, paper and the compass. But industrialization, which would transform the country in the 20th Century, only took place once the gap between the rich and poor was bridged. > It is not "uneven distribution of income" which causes a privileged elite and poor people. It is freedom, self-determination, private property protection, sanctity of contracts, voluntary interaction and exchange without approval by some kleptocratic "privileged elite" which makes for people being well off. It's the privileged elite who rob and kleptocratically confiscate opm who cause the extremes of wealth. When somebody is hungry, they say "I'll work for $1". When somebody is burping and full, they say "$1? No way, I'm already full. $10 and it's a deal." So income differences don't go very far apart for most people. Of course the gap between the richest and 0 is increasing because there are more people than ever, and Cyberspace enables people to get $1bn or $10bn or even $100bn if they can come up with something that 5 billion people want to buy. Where people are free, the gaps narrow as people compete. You have been deceived. Come on Wayoman, keep your eyes open. Mqurice