Thread: Forbes

Sick? Or Envious?

Like Amazon (J they accrue by finding something people believe they cannot live without and then harness that.

They don’t get rich just by their idea, they get rich by the population making them that way.

Look at the FB phenomenon, it’s become the go to social resource. People planning events, communicating business opportunities and marketing products to the masses.

Now so ingrained that it’s almost a necessity to keep up with things like local events, festivals, sales, even just what’s on in your local area.

Originally Posted by Hogarthde

So now I feel sick 🤒, how the dickens can so much money and assets be accrued , and what do they do with it?

And that brings a whole lot of discussion about society where a smaller group hold a larger part of the wealth.

No Tombie, never envious.

as a kid , dad had a couple of beautiful Clydesdale draught horses , some neighbours had tractors, I was envious then , but not much, as we all loved horses.

So not envious, just a fad confused with the enormous amounts, but then again, I only made Lance Corporal in a sapper squadron.

Originally Posted by Slunnie

And that brings a whole lot of discussion about society where a smaller group hold a larger part of the wealth.

Indeed….

And the associated problems.

Example again - Amazon.

A very wealthy man, however, through his empire he creates a significant amount of jobs for others.

And Amazons exponential growth since Covid, providing a delivery service to the population who couldn’t shop in the real world.
A CT may say it was manipulated to increase his wealth, other could say it provided an almost essential service to enable people to continue hobbies, source essentials etc.

Take a look at Mr Gates - another comfortably retired individual. More money than he knows what to do with. So he donates to big Pharma research and a plethora of other tech type fields.

Now if I was to donate a $1000 to say Cancer research, I’m a nice guy , he donates the equivalent scales up donation and it’s a conspiracy.

I’m a hopeful believer that we can eventually stop things like cancer through some form of tech, however I’m also conscious that human cells can and do some crazy things. (Slunnie I know you, yourself had the fight of a lifetime). Big pharma at least had some treatments, which, whilst not nice, and friggin expensive, assisted your recovery.

Unfortunately - in a society driven by capitalism and consumerism- something has to be profitable to be deliverable.

Even humble AULRO needs to make money to keep going - Inc could no longer support the Data costs, hosting etc so it went subscription. If everyone globally got a LR, and then signed up - Inc could retire a happy man! Jeff Was fortunate enough that in his start up, people loved the idea of books delivered cheap, then he moved to online - Kindle…
His wealth came from savvy ideas and population take up.

Originally Posted by Hogarthde

No Tombie, never envious.

as a kid , dad had a couple of beautiful Clydesdale draught horses , some neighbours had tractors, I was envious then , but not much, as we all loved horses.

So not envious, just a fad confused with the enormous amounts, but then again, I only made Lance Corporal in a sapper squadron.

At the end of the day - are you happy?

A life well lived is most important.

Originally Posted by Tombie

Indeed….

And the associated problems.

Example again - Amazon.

A very wealthy man, however, through his empire he creates a significant amount of jobs for others.

And Amazons exponential growth since Covid, providing a delivery service to the population who couldn’t shop in the real world.
A CT may say it was manipulated to increase his wealth, other could say it provided an almost essential service to enable people to continue hobbies, source essentials etc.

Take a look at Mr Gates - another comfortably retired individual. More money than he knows what to do with. So he donates to big Pharma research and a plethora of other tech type fields.

Now if I was to donate a $1000 to say Cancer research, I’m a nice guy , he donates the equivalent scales up donation and it’s a conspiracy.

I’m a hopeful believer that we can eventually stop things like cancer through some form of tech, however I’m also conscious that human cells can and do some crazy things. (Slunnie I know you, yourself had the fight of a lifetime). Big pharma at least had some treatments, which, whilst not nice, and friggin expensive, assisted your recovery.

Unfortunately - in a society driven by capitalism and consumerism- something has to be profitable to be deliverable.

Even humble AULRO needs to make money to keep going - Inc could no longer support the Data costs, hosting etc so it went subscription. If everyone globally got a LR, and then signed up - Inc could retire a happy man! Jeff Was fortunate enough that in his start up, people loved the idea of books delivered cheap, then he moved to online - Kindle…
His wealth came from savvy ideas and population take up.

Totally, thats just the tip of the iceberg and it goes on with lots of perspectives. There are really good things, really bad things. For probably all of us, we are the lucky ones! The bill from cancer, that was about $150k, I still feel like I'm the luckiest man alive!

I was reading a paper on wealth and it’s concentration. Despite what it may seem the concentration of wealth is at its lowest ever. This is due to us plebs actually having some assets where as until 200 years ago only the top of the tree had any assets the rest were just tools of production to be used and abused as required. This change started with the industrial revolution which required consumers to generate the wealth

It did not actually 'start' with the industrial revolution, even though it might look that way from where we are. For example, one of the key results of the Black Death in the fourteenth century was a dramatic shortage of agricultural (and other) labour, and the proportion of income going to the actual workers increased.

But even before this, it is worth noting that the widespread introduction of water and wind mills in the middle ages was not solely due to innovation - it was because the economics of slavery in Europe changed - shortage of supply! So those at the bottom of the pile ended up with a bigger proportion of wealth. Might not look like much from our perspective, but was better than earlier European societies. (Similar pattern but different timing elsewhere)