Quote:
Originally Posted by TheSquealer
I love how poor people start with the base assumption that a rich person just has it all under his mattress and only got it by taking it from others. Their money is in the system, it creates jobs, expands companies, it funds loans for businesses, business growth, home purchases, cars, education and so on,.. furthermore, their "wealth" is on paper... not liquid. When Steve Jobs is worth $10 Billion USD, where do you think that "money" is exactly?
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Yes the money is in the system and their ownership of that money means power for those with money, to make the laws, to keep wages low, to eliminate competition. A lot of it is also in property distorting house prices, putting small shops out of business.
The massive inequality in wealth leads to massive inequality in power, life, health, education, the perversion of the political system and foreign wars for profit.
There is some social mobility but for the most part the poor stay poor. The rich of course also control the myth making machines that would have you believe you live in the happiest best country in the World where ever that may be.