An asset appreciating in value does not deprive anyone else of money in their wallet.
If you bought a rookie baseball card for $5, the player had a great year and now the card’s worth $100, your net worth increased by $95. But who is down $95 as a result of your card becoming more valuable?
Nobody. Wealth is not zero sum. And the vast majority of increases in wealth among the wealthiest is newly-created wealth. You literally can’t become a billionaire in a human lifetime simply by short-changing your workers. A linear increase like that just will not get you there.
Also, wealth in the form of purchased investments into businesses that run within the economy, is literally the opposite of hoarding. If you buy things with your money, you’re not hoarding your money.
That’s not the gotcha you think it is. They get the shit end of the stick and if they ask for more they get shown the door and if people gang up and try to form a union the capitalist police state send goons to break it up because how dare the proles ask for more money.
While I don’t disagree. there don’t have to be dragons hoarding all the wealth making us fight among ourselves to survive
An asset appreciating in value does not deprive anyone else of money in their wallet.
If you bought a rookie baseball card for $5, the player had a great year and now the card’s worth $100, your net worth increased by $95. But who is down $95 as a result of your card becoming more valuable?
Nobody. Wealth is not zero sum. And the vast majority of increases in wealth among the wealthiest is newly-created wealth. You literally can’t become a billionaire in a human lifetime simply by short-changing your workers. A linear increase like that just will not get you there.
Also, wealth in the form of purchased investments into businesses that run within the economy, is literally the opposite of hoarding. If you buy things with your money, you’re not hoarding your money.
but an asset appreciating in value off the back of another persons labor deprives the laborer of their fair share
Were they not paid for their time in a consensual agreement?
That’s not the gotcha you think it is. They get the shit end of the stick and if they ask for more they get shown the door and if people gang up and try to form a union the capitalist police state send goons to break it up because how dare the proles ask for more money.