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View unanswered posts | View active topics
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MrBean
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 10:56 am |
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Joined: Sun Sep 26, 2004 12:00 am Posts: 1226
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Quinny wrote: OK - there's a lot on this board who know a helluva lot more than me about the stock market and investing, but where does wealth originate.
It's my belief that all wealth comes from the application of labour to the earths natural resources to create useful goods.
All the other layers basically mask the fact that the workers are the creators of wealth.
Anyone disagree?
The less one needs, the wealthier one is. Real wealth is lack of needs, meaning that the greediest is the poorest.
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MrBean
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 10:59 am |
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Joined: Sun Sep 26, 2004 12:00 am Posts: 1226
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charliebrownout wrote: As for what is actually valuable in this life. I would say love, and the ability to live simply and in harmony with nature/your fellow man.
You are blessed. 
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MrBean
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 11:09 am |
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Joined: Sun Sep 26, 2004 12:00 am Posts: 1226
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Javaman wrote: You don't seem to recognize that without capital and modern technology, there won't be enough food. Human labor alone probably isn't sufficient.
So why don't you see if you can convince someone to provide the seeds, pesticides and fuel to the farmers. You can provide the fertilizer.
Nature provides, all food is a blessing from Mother Nature. Only complete idiots would try to best Mother Nature in what she knows by heart, growing.
Natural gardening (/permaculture/agroforestry etc.) could still provide the basic needs of the whole current human population and then some. Nature is bountifull, it's the greed and hunger for power (over nature) that is the killer.
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Ayoob
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 11:52 am |
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Joined: Thu Jul 15, 2004 12:00 am Posts: 1312
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Wealth comes from agriculture, forestry, mining, and manufacturing. Everything else spreads the wealth around.
Workers in the agriculture, forestry, mining, and manufacturing industries don't tend to make a lot of money, though. This is a very tricky question and one you should think about a lot.
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MrBill
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 12:56 pm |
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Joined: Thu Sep 15, 2005 12:00 am Posts: 5674 Location: Eurasia
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G-Surfer hat geschrieben:
Quote: So it is all just predestined. So if I were to say wealth is what you think it is and purely subjective this becomes more comprehensible. A beautiful sunset with little work to do is true wealth as the world is what it is and being a busy bee is simply a waste of precious life moments.
Sie koennen nicht Ihrem sonnenuntergang geniessen ohne etwas im magen; einem dach ueber kopf; und sicherheit fuer Ihre kinder. Alles muess in ordnung, dann gibts frieden und freiheit. Armut ist nicht befriedigung! Wir haben alle verantwortung. Fuer uns, fuer unsere familie, und fuer Die das haben weniger.
_________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
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MrBean
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:01 pm |
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Joined: Sun Sep 26, 2004 12:00 am Posts: 1226
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MrBill wrote: Sie koennen nicht Ihrem sonnenuntergang geniessen ohne etwas im magen; einem dach ueber kopf; und sicherheit fuer Ihre kinder. Alles muess in ordnung, dann gibts frieden und freiheit. Armut ist nicht befriedigung! Wir haben alle verantwortung. Fuer uns, fuer unsere familie, und fuer Die das haben weniger.
Nur noch ein Gott koennen uns retten.
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MrBill
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:09 pm |
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Joined: Thu Sep 15, 2005 12:00 am Posts: 5674 Location: Eurasia
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MrBean wrote: MrBill wrote: Sie koennen nicht Ihrem sonnenuntergang geniessen ohne etwas im magen; einem dach ueber kopf; und sicherheit fuer Ihre kinder. Alles muess in ordnung, dann gibts frieden und freiheit. Armut ist nicht befriedigung! Wir haben alle verantwortung. Fuer uns, fuer unsere familie, und fuer Die das haben weniger. Nur noch ein Gott koennen uns retten.
Gott hilft denen, die sich selber helfen. Wir alle sterben. Was ist wichtig ist was wir hier am Erde machen.
_________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
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skeptik
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:14 pm |
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Joined: Wed Aug 24, 2005 12:00 am Posts: 433 Location: Costa Geriatrica, Spain
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Quinny wrote: All the other layers basically mask the fact that the workers are the creators of wealth.
Anyone disagree?
Yup... A bunch of nekkid humans in the middle of a desert cant create anything. At the present time wealth flows principally from holes in the ground, but a combination of factors are involved, and everything builds on the shoulders of the past.
Wealth flows from:
A freely available energy source + a pre-existing infrastructure capable of utilizing that energy source + a skilled and knowledgeable workforce capable of utilizing that infrastructure.
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MrBill
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:18 pm |
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Joined: Thu Sep 15, 2005 12:00 am Posts: 5674 Location: Eurasia
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skeptik wrote: Quinny wrote: All the other layers basically mask the fact that the workers are the creators of wealth.
Anyone disagree? Yup... A bunch of nekkid humans in the middle of a desert cant create anything. At the present time wealth flows principally from holes in the ground, but a combination of factors are involved, and everything builds on the shoulders of the past. Wealth flows from: A freely available energy source + a pre-existing infrastructure capable of utilizing that energy source + a skilled and knowledgeable workforce capable of utilizing that infrastructure.
And wealth, knowledge, technology and civilization itself can flow in reverse. We can all choose to follow Zimbabwe back into the Stone Age. Boy, will that ever teach us. You betcha!
_________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
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Tyler_JC
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:22 pm |
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Joined: Sat Sep 25, 2004 12:00 am Posts: 5260 Location: Boston, MA
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Wealth is the product of man’s capacity to think.
_________________ "www.peakoil.com is the Myspace of the Apocalypse."
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MrBill
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:25 pm |
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Joined: Thu Sep 15, 2005 12:00 am Posts: 5674 Location: Eurasia
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Tyler_JC wrote: Wealth is the product of man’s capacity to think.
Apparently only the Government can think for us? Like the Church before them? Like the Pharoah before them? Like the witch doctor before them?
Wealth is an illusion. That is what makes everyone so upset. That they cannot have what others do not have.
_________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
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heroineworshipper
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:32 pm |
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Joined: Fri Jul 14, 2006 12:00 am Posts: 894 Location: Calif*
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It comes from billions of Chinese turning common sand & petroleum into gadgets & more complex things. Everyone else slices that labor into finer & finer pieces, resells it, loans it, barters it.
_________________ People first, then things, then dollars.
There will be enslavement, cannibalism, & zombie invasions.
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MrBill
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:39 pm |
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Joined: Thu Sep 15, 2005 12:00 am Posts: 5674 Location: Eurasia
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heroineworshipper wrote: It comes from billions of Chinese turning common sand & petroleum into gadgets & more complex things. Everyone else slices that labor into finer & finer pieces, resells it, loans it, barters it.
To be honest I cannot think of a better example of paper wealth and real wealth destruction as China? Wait until you get their bill for global climate change because they underpriced and closed down manufacturing in the western world, and now because of that they do not feel obliged to pay for the environmental clean-up caused by manufacturing products sold in the west. Gotta love that logic. You should pay me for taking your job!
_________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
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vision-master
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:43 pm |
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Joined: Thu May 18, 2006 12:00 am Posts: 5783 Location: Out of this World
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$$ Wealth comes from using others labor and or thier money.
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MrBill
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Post subject: Re: Where does wealth come from? Posted: Tue Oct 28, 2008 1:51 pm |
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Joined: Thu Sep 15, 2005 12:00 am Posts: 5674 Location: Eurasia
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vision-master wrote: $$ Wealth comes from using others labor and or thier money.
As soon as I have a surplus to invest then I must by necessity choose between investing in land, labor, resources, technical know-how or some other tangible (or intangible) asset. We all live in the present. Yesterday is gone. Tomorrow has not arrived. As soon as I have two cows and two acres of land and you have one cow and one acre then I am a capitalist. That is wealth. Accumulated savings from an over-production. In the societal context it is not whether I produce more than I need, but how that surplus is put to work or re-distributed. If you want to be poor that is, of course, your choice. Spend, baby, spend!
_________________ The organized state is a wonderful invention whereby everyone can live at someone else's expense.
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