Quote:
|
You must consider the distribution of wealth. There's only so much of it to go around, so if one person gets richer, another is going to get poorer. If you want the rest of the world to live the way America does, where do you think they're going to get the money to do so?
|
Woah woah woah, hold on there. That is a serious misconception. There is no great 'pie' out there that everyone gets a slice of and once its gone, that's it. I won't use the term 'creating wealth' because it's slightly misleading,
wealth is not the same as money. A better term is buying power, new technologies create the illusion of everyone having more money by allowing what used to cost them $1 to be produced and sold for only $0.75. No new money minted, but people are now 25% richer. Very often, when a person gets very rich it's because they've done something like this, and personally pocketed 15 cents of the reduced cost. Do it on a large scale, and POOF!! 100 million dollars seems to spring from nowhere. But as you can see, no one is any poorer.
This isn't everything, I'm just trying to prove the point that people getting richer is not a sign that other people must be getting poorer.