richardhutnik on 11 June 2012
| Marks said: No, not at all. Someone else's wealth is none of anyone's business. Just worry about yourself, not how much money Warren Buffet makes and how much tax he pays. |
A recipe for ruin is everyone minding their own business and not thinking at all what is happening systemically as a byproduct of people acting as self-focused autonomous units. Ignore how those with money will rig the system so they can take extra risks, and then get bailed out later. The reality is that no one lives alone, and the wealth of others is dependent upon the wealth of others in an economy. If everything goes south, then the rich person won't have much in the way of real wealth. All that land and capital owned for production don't do much, when no one can afford to buy what they are offering.
Or, do you not see this?
