I simply despair at the ignorance people have regarding economics. What possible disadvantage do I have if my neighbor is rich? Even if my neighbor is extremely rich, what impact does that have on me?
Wealth is not equal to currency. Wealth is not limited. It is theoretically possible that wealth could increase by a factor of a thousand or more.
Ask yourself this. Is the world wealthier today than it was ten thousand years ago? Wealth disparity is not a problem for anyone.
“Wealth disparity is not a problem for anyone.”
We are becoming a nation of have and have nots. I have seen it as a business owner dealing with clients and customers. Right now it’s about 50/50 but the have not side is growing.
Wait until the have nots vote in socialism or communism.
Our country is at a terrible point right now.
Wait until automation and AI kicks in and 4 million truck drivers lose their jobs over a period of 1-3 years.