Posted by eloaf on May 8, 2005, at 1:02:27
Money equals goods and services; without goods and services cash money and not even gold is worth a thing.
The original concept of money cannot change; when you have a good or a service and you would like to give that good or service to another and in return receive "money" which represents the value of the good or service. This is an ancient concept.
Another ancient concept is that of inheritance. however hasnt this concept gotten out of hand? Is this not where all the money is going? The US wants to fix its budget but it looks in all the wrong places for the cash to do it.Why should someone who dosent make their own money be entitled to massive sums of cash through inheritance? Shouldnt they too have to produce a good or preform a serrvice to earn what they spend? Isnt it unfair to allow huge sums of money to be shoveled at people who have done nothing for it? Dosent the imbalance create a economy in which there is less money to pay for the stuff that money actually is (access to goods and services "financial wealth").
Why would someone have so much money that they could pass on hage sums of it after their death. The reason can only be one of two either they worked producing or serving soo much in their life and spent almost nothing or they were overpaied. The fact is that its usually the latter.
Most wealthy people in America are verry overpaied. One persons wealth should be equal to their contribution to humanity. How can it be anything but this? What is the purpose of one person making soo much more money than they can possibly spend in their lifetime?
Where we go wrong first is in the idea that for some people money is free like with inheritance. Where we go wrong second is in how much people get paid for whatever good or service they produce. Some get paid too little some get paid way too much.
We need to get back to basics. Whats wrong with the economy is that the concept of money has become more of a burden that a tool making it necessary for useless "services" and disposable goods. The concept of money is becoming closer and closer to meaningless...
Im curious to hear peoples thoughts criticizims... eloaf
poster:eloaf
thread:495094
URL: http://www.dr-bob.org/babble/poli/20050122/msgs/495094.html