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WHY CAN'T EVERYONE BE RICH?
Did you know that it is virtually impossible for everyone to be
wealthy? To understand why, just think for a moment about what it
really means to have a lot of money (which is what most people think
of when they hear the word wealthy). Essentially, it means
that you can have a lot of stuff, like cars, houses, land and so
on. Money, you see, no matter what the economists say about it,
is access to resources, the media from which all that stuff is made.
But here's the catch: resources are not endless. In fact, they
become more limited with each passing day. In case you haven't been
paying attention, the earth's population is now over 6 billion.
The planet itself, however, has not increased in size. The earth
is pretty much the same as it has been for the last 4 billion years.
The math is simple. A lot more people are clamoring for fewer and
fewer resources. As a result, only a few may gain the advantage
of having excessive access to the ever dwindling storehouse.
There simply aren't enough of the excessive variety to go around;
necessary resources for everyone, yes, but excessive, no.
But there's more. One of the resources (to some thinkers the main
one) is human labor (and ingenuity). Even the Bible's primary statement
regarding resources includes the human factor:
The earth is the Lord's, and the fulness thereof;
the world, and they that dwell therein.
(Psalms 24:1)
To really appreciate why everyone can't be rich, think of it primarily
in terms of the human resources, and ask yourself a simple question:
Would you really feel rich if you could not be served by
another human being in some form or fashion? For example, rich people
typically love to dine at fancy restaurants. But how is such a thing
possible without human resources? If everyone was rich, who would
prepare and serve the food, not to mention clean up afterwards?
They (the rich) also like to drive (or be driven around in) luxurious
cars. How could this happen without human labor, from the work involved
in digging the ores to process the metal, to the actual design and
manufacture of the car, not to mention all the toil associated with
maintaining it? The bottom line is simple: The very essence of being
rich suggests the power to access the labor of the non-rich.
In terms that are less kind, being rich means you have the power
to ride the backs of the poor.
Money without resources, especially the human kind, is meaningless.
A simple thought experiment can easily confirm it. Imagine you woke
up one morning and discovered a suitcase filled with money on your
doorstep. Just for the fun of it, let's say it contained several
million dollars. But suppose you then discovered that all the people
in the world had mysteriously disappeared. How rich do you think
you would feel then? You couldn't even call a pizza delivery service,
let alone dine at the most expensive restaurant in town. You also
couldn't drive to the nearest gas station to put enough gas in your
car to make it to the Mercedes dealership to trade up.
Now let's change the conditions a little. Instead of learning that
everyone else in the world had disappeared, suppose you discovered
that they had also received a similar gift on their front doorstep.
Do you think your pizza delivery boy is still going to be available?
Not bloody likely! He would have millions himself. Why in God's
name would he keep delivering pizzas? He'd most likely want to call
for a pizza himself. And of course he would be just as disappointed
as you when he learned that he couldn't.
No matter how you view it, the feeling of being rich is
inextricably connected to the ability to use other human
beings. If there were no people around to serve us (as
we so euphemistically phrase it) we could never feel rich, no matter
how much money we had. Being rich, in other words, is not an absolute
condition. It is relative, which means it's related to something
else, and that something else is poverty, or at very least, middle-class
wealth.
If you reverse the experiment and try to imagine that everyone
is poor, you also run into difficulties. If everyone were poor,
how could you tell? It would be a situation in which the idea
of being rich (or poor) would be incomprehensible. It would simply
be the way things were.
This can only mean that the rich actually create the poor
(and vice versa). If you don't believe it, try another thought experiment.
This time imagine yourself visiting a place whose inhabitants live
(at least by most standards) in abject poverty, and know nothing
of the outside world. They are all, to a man (and woman), the same.
No one in this hypothetical community would have any more (or less)
than anyone else. Suddenly, you (an outsider) arrive, an affluent
American, with your pockets full of trinkets. The idea of inequality
would suddenly enter their otherwise innocent (and no doubt peaceful)
minds, and gross disparity is at the very heart of the whole idea
of rich and poor, sometimes offhandedly referred to as the haves
and have-nots. It is impossible for only one of the pair to
show up. They always appear as a set: the rich and the
poor. They can no more be separated than the two poles of a magnet.
The rich could not be rich if they could not ride the backs
of the poor, and the poor could not be poor without the rich around
calling attention to their poverty.
Money
Money Talks
Economics1000
It's the Economy, Stupid
It's All About the Money
The Two Freedoms
Wealth vs Money
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