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Showing posts from January, 2020

Socialism and Wealth Creation

Wealth basically comes from the same place in a society that calls itself 'socialist' as it does in any other. so·ci·e·ty -- /səˈsīədē/ noun 1. the aggregate of people living together in a more or less ordered community. so·cial·ism -- /ˈsōSHəˌlizəm/ noun a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. To some extent, society by its nature is socialist.  Much wealth is already in place. In the USA, the baby boomers are about to pass on a cool $30,000,000,000,000.00 (yeah, that many zeros — trillions of dollars): The Greatest Wealth Transfer In History: What’s Happening And What Are The Implications Some wealth needs only to be discovered: Lucky Fishermen Have Stumbled Across a $3 Million Lump of Whale Vomit Some is made using various means of production: 5 Reasons Why America's Manufacturing Is Growing Again