RE: Why are so few people wealthy?

RE: Why are so few people wealthy? (Full Version)

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Marini -> RE: Why are so few people wealthy? (9/17/2014 7:37:12 PM)
umm, you do know that I am joking right? I am hardly a fan of big business {greedy corporate bastards}, or the unbridled Capitalism that has been a significant factor in ruining this country.

GoddessManko -> RE: Why are so few people wealthy? (9/17/2014 7:39:15 PM)
quote: ORIGINAL: epiphiny43 Seems sarcasm detection here is as unequally distributed as wealth? Given how influential yet specious most of Freud's 'received wisdom' has been, I'm very unclear on what it means to call anyone the Freud of their specialty? I'm afraid I'm inclined to tell you, you misspelled "epiphany" but yes, I shall explain. "Freud is the father of psychology", so it has been stated time and time again whether you agree with his views or not. It was simply a metaphor and naught more. The topic is economics, tangents are unnecessary and irrelevant. Maybe you read my statement wrong?

Sanity -> RE: Why are so few people wealthy? (9/17/2014 7:40:17 PM)
quote: ORIGINAL: Greta75 quote: ORIGINAL: BenevolentM Why are so few people wealthy? While everyone is arguing economics. I think it's down to one simple problem. Lack of motivation, drive, determination, conviction, desire and continuous action. Wealthy people, those not born to wealth are seldom deterred by multiple failures. Not everybody is capable of amassing wealth. Doing bong hits in moms basement at the age of 56 all day and all night while waiting for that Leprechaun to come riding in on his Unicorn to save the day seems to be the average retirement plan these days [img]http://media-cache-ak0.pinimg.com/736x/1a/83/33/1a8333486bf85a9a01104a8c746f85f2.jpg[/img]

GoddessManko -> RE: Why are so few people wealthy? (9/17/2014 7:43:24 PM)
quote: ORIGINAL: Marini umm, you do know that I am joking right? I am hardly a fan of big business {greedy corporate bastards}, or the unbridled Capitalism that has been a significant factor in ruining this country. Apologies then, I misread your statements as being literal and not sarcastic. I am a fan of big business to some degree, when it is run proficiently and progressively, when those who support it are protected and there is an allowance for the markets to evolve. I think lobbyists have more to do with decisions made in the private sector than those running the corporations. Meaning there is more power in a country like the US in a vote rather than a buck.

Aylee -> RE: Why are so few people wealthy? (9/17/2014 7:44:43 PM)
quote: ORIGINAL: Musicmystery OK folks, I have to go do real work in the real world. This is just going in circles anyway. From this point, those determined to cling to the "we're all fucked" mentality are interested only in shooting down whatever they can that shows them there's a better way. Saying the same thing over and over isn't going to change that. Go read Tim Ferriss' "The Four Hour Work Week." It's a little facile, but it will get you thinking in new directions. Unless you don't want to. In which case, you can have fun complaining why he's a naive idiot who doesn't understand economics. Lookie is right -- people decide how happy they want to be, in multiple areas of life. If happiness is troubling to you, I'm not going to change that. But really -- step back, give your ego a day off, and consider. There are options. And isn't that better than life totally sucking? At any rate -- that's my choice. Best to you all. I have read that book. And listen to several audio CDs from some of the other "this is how you do it dudes." I liked your post about the guy and breadboards. I would not have thought about the one "special" one a month. I think that I shall go back through this thread and read the rest of your posts. Since so far, I have agreed and understood what you were saying.

Zonie63 -> RE: Why are so few people wealthy? (9/17/2014 8:28:18 PM)
quote: ORIGINAL: Musicmystery I've been poor, working the three jobs, etc. Didn't care for it. And didn't care to wait for society to change to fix it for me. You keep ignoring the paradigm shifts needed and adding assumptions. I'm not interested in continually telling you I didn't say that. Nor do I ascribe any wealth/happiness correlation. If I followed your prescription, I'd still be living hand to mouth. And a great deal of my work is about helping others. Nor do I hold any of the pro-corporate bootstraps philosophy you keep trying to pin to me. There are options. That's the point. And clinging to work at $/hr instead of leveraging time will also come with a ceiling, wherever that ceiling is. Sorry if that 's a problem for you. But I'm not going just watch you argue endless for a dead-end status quo. It's sad that you feel personal success equals denial of social justice. You've many deep seated limiting assumptions. But I'm not interested in continuing to watch it. Well, I wasn't really interested in having this particular argument either. We're arguing about different things. You're arguing apples, and I'm arguing oranges, and there seems to be some sort of misunderstanding as a result. I don't recall saying that you were "pro-corporate" either. Also, this isn't really about me or you, but it's about the entire spectrum on a global level, where a few people have a lot of wealth, and most people don't. I didn't create the situation or the system we live under, nor am I even complaining about "misery," at least not a personal level. I think that there's a bigger picture that has to be looked at here.

LookieNoNookie -> RE: Why are so few people wealthy? (9/17/2014 10:21:16 PM)
quote: ORIGINAL: thompsonx ORIGINAL: LookieNoNookie Anyone that doesn't work hard enough, plant seeds, weed their garden....yeah, they deserve to have less. Absolutely. So everyone with a trust fund needs to get a job and have the trust fund taken away since he did not earn it?[8\|] Nope.

LookieNoNookie -> RE: Why are so few people wealthy? (9/17/2014 10:22:18 PM)
quote: ORIGINAL: Musicmystery Seems they already have a garden. But if they don't tend to it, yeah, it will vanish. (The way I should have answered his acerbic and ridiculous question).

LookieNoNookie -> RE: Why are so few people wealthy? (9/17/2014 10:25:09 PM)
quote: ORIGINAL: thompsonx ORIGINAL: LookieNoNookie Ya know what....all you fuck offs that seem to believe "it can't be done"....don't CM me. (You can't be saved....largely because you believe you can't be). Opinion not based in fact or anything that has been posted on this thread except by you. All those who have read this long boring diatribe....and TRULY want to be better off.....CM me...tell me your (honest) story and I'll teach you how to be (better off). You told us how you did it. You had a painting business where you paid your employees double union wages and got rich at it[8\|] I never said I paid anyone double what they were worth, rather, paid them what they were worth. I also didn't become rich from a painting business. I wouldn't consider myself rich by any measure. Rich is a different number for everyone you ask "what is the definition of rich?"

LookieNoNookie -> RE: Why are so few people wealthy? (9/17/2014 10:26:26 PM)
quote: ORIGINAL: thompsonx ORIGINAL: Musicmystery Seems they already have a garden. No they have a grocery store that delivers But if they don't tend to it, yeah, it will vanish. That is not the nature of a trust fund. It is managed for you and they just send you the money. You are so massively uneducated.

LookieNoNookie -> RE: Why are so few people wealthy? (9/17/2014 10:28:03 PM)
quote: ORIGINAL: Musicmystery I've been poor, working the three jobs, etc. Didn't care for it. And didn't care to wait for society to change to fix it for me. You keep ignoring the paradigm shifts needed and adding assumptions. I'm not interested in continually telling you I didn't say that. Nor do I ascribe any wealth/happiness correlation. If I followed your prescription, I'd still be living hand to mouth. And a great deal of my work is about helping others. Nor do I hold any of the pro-corporate bootstraps philosophy you keep trying to pin to me. There are options. That's the point. And clinging to work at $/hr instead of leveraging time will also come with a ceiling, wherever that ceiling is. Sorry if that 's a problem for you. But I'm not going just watch you argue endless for a dead-end status quo. It's sad that you feel personal success equals denial of social justice. You've many deep seated limiting assumptions. But I'm not interested in continuing to watch it. "We'll neeeeeevvvvver maaaaaaaaaaake it" We're all doomed.

LookieNoNookie -> RE: Why are so few people wealthy? (9/17/2014 10:30:16 PM)
quote: ORIGINAL: thompsonx ORIGINAL: Greta75 I think it's down to one simple problem. Lack of motivation, drive, determination, conviction, desire and continuous action. Wealthy people, those not born to wealth are seldom deterred by multiple failures. Can you give us a list of those who have gone from rags to riches by following your prescription? Ya know....there's these things called libraries....they have books called biographies and autobiographies....tons of info there. Then, there's this cool thing called Google. Awesome resource. But then, you want someone to do the work for you, don't you?

LookieNoNookie -> RE: Why are so few people wealthy? (9/17/2014 10:32:19 PM)
quote: ORIGINAL: GoddessManko quote: ORIGINAL: Marini We all know, that EVERYONE and I mean EVERYONE in the world: {Including those born impoverished, with no medical care, education, or opportunities in 3rd world countries}, can be wealthy if they try hard enough. Most of the billions of the poor in the world, are not wealthy, because they have not tried hard enough. We ALL have the same opportunities to be wealthy. [8\|] Who are the purported "we"? A first worlder in a microcosm or a child factory worker in China? I'm just trying to understand how realistic you are being. [:D] quote: QUOTE FROM ECONOMICS PROFESSOR, MUSIC MYSTERY; Entrepreneurship is one way to do that You ARE aware over 90% of businesses do fail, correct? [8\|] Actually that's a faulty statistic. 90% of businesses are "not in business" after 20 years. Some retire, some sell out, some merge and some fail. The more accurate number is in the first 5 years, 30% of business fail. In the first 10, upwards of 50%. After that, very few fail.

Zonie63 -> RE: Why are so few people wealthy? (9/18/2014 5:17:23 AM)
quote: ORIGINAL: GoddessManko And the resident experts of what exactly? Because I would love for you to tell me why communism fails, no one has as of yet and I can quite easily answer this question. Go ahead and dazzle me if you can. [:D] It depends on what you mean by "fail." If you compare it with pre-Revolutionary China or Russia, it seemed to work far better.

Greta75 -> RE: Why are so few people wealthy? (9/18/2014 5:21:37 AM)
quote: ORIGINAL: Marini We all know, that EVERYONE and I mean EVERYONE in the world: {Including those born impoverished, with no medical care, education, or opportunities in 3rd world countries}, can be wealthy if they try hard enough. Most of the billions of the poor in the world, are not wealthy, because they have not tried hard enough. We ALL have the same opportunites to be wealthy. [8\|] This is the defeatist attitude that will guarantee that you will never be wealthy. Most people make excuses, give up, blame everything else, their circumstances, their environment. This is the normal mentality. But it's not the solution to get wealthy. Just saying. People who gets to wealth have a different mentality and point of view despite their circumstances. That's why so few people are wealthy, because so few can think out of the box to get out of their poverty cycle and innovate. It's not suppose to be easy to be wealthy. If it's easy, then everyone can do it. So I don't know what you folks are bitter about? It sounds like you are angry about it being difficult to get wealthy in life. And you want it to come easy. That's just..., I don't get it. Good things don't come easy. That is life.

Sanity -> RE: Why are so few people wealthy? (9/18/2014 5:33:25 AM)
quote: ORIGINAL: GoddessManko Oh, and have you ever read Adam Smith's "Wealth of Nations"? I recommend it. He's pretty much the Freud of post modern economic theory because well...such a perception is rather interesting. And the resident experts of what exactly? Because I would love for you to tell me why communism fails, no one has as of yet and I can quite easily answer this question. Go ahead and dazzle me if you can. [:D] Never mind getting them to explain it. Its extremely doubtful you will get many of them to even admit that communism fails in the first place

thompsonx -> RE: Why are so few people wealthy? (9/18/2014 5:46:28 AM)
ORIGINAL: Sanity Doing bong hits in moms basement at the age of 56 all day and all night while waiting for that Leprechaun to come riding in on his Unicorn to save the day seems to be the average retirement plan these daysin Mine was based on killing poor people to make rich people richer...no unicorns.

thompsonx -> RE: Why are so few people wealthy? (9/18/2014 5:50:57 AM)
ORIGINAL: GoddessManko Apologies then, I misread your statements as being literal and not sarcastic. I am a fan of big business to some degree, when it is run proficiently and progressively, when those who support it are protected and there is an allowance for the markets to evolve. This would seem to indicate that you do not bellieve in personal responsibility. I think lobbyists have more to do with decisions made in the private sector than those running the corporations. That would seem counter intuitive that an employee/lobbyist would not do as his employer/corporate leader would order. Meaning there is more power in a country like the US in a vote rather than a buck. Since only those approved by the party will be elected the vote is a joke.

Zonie63 -> RE: Why are so few people wealthy? (9/18/2014 5:53:05 AM)
quote: ORIGINAL: LookieNoNookie quote: ORIGINAL: Musicmystery I've been poor, working the three jobs, etc. Didn't care for it. And didn't care to wait for society to change to fix it for me. You keep ignoring the paradigm shifts needed and adding assumptions. I'm not interested in continually telling you I didn't say that. Nor do I ascribe any wealth/happiness correlation. If I followed your prescription, I'd still be living hand to mouth. And a great deal of my work is about helping others. Nor do I hold any of the pro-corporate bootstraps philosophy you keep trying to pin to me. There are options. That's the point. And clinging to work at $/hr instead of leveraging time will also come with a ceiling, wherever that ceiling is. Sorry if that 's a problem for you. But I'm not going just watch you argue endless for a dead-end status quo. It's sad that you feel personal success equals denial of social justice. You've many deep seated limiting assumptions. But I'm not interested in continuing to watch it. "We'll neeeeeevvvvver maaaaaaaaaaake it" We're all doomed. I never said that we were all doomed. I just think there are better ways of approaching the problems of this world than giving a Norman Vincent Peale sermon while sticking your head in the sand. We're only doomed as long as we continue to embrace the lies and illusions that you keep propagating. Once Americans stop listening to people like you, we'll be well on the road to recovery and greatness once again.

thompsonx -> RE: Why are so few people wealthy? (9/18/2014 5:53:48 AM)
ORIGINAL: LookieNoNookie Anyone that doesn't work hard enough, plant seeds, weed their garden....yeah, they deserve to have less. Absolutely. So everyone with a trust fund needs to get a job and have the trust fund taken away since he did not earn it?[8\|] Nope. The trustfunder did not work and yet you approve of them having what they did not earn why not the rest of humainty?

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