Libertas Primordium on Nostr: Poor people are taught to think money is wealth. The truly wealthy know that money is ...
Poor people are taught to think money is wealth.
The truly wealthy know that money is not true wealth. Money is a tool of exchange and it's value is based on perception. They own more money than everyone else, yet they only hold a small fraction of their wealth as money.
True wealth lies in claims of ownership over the most valuable land and over the productive efforts of others. This has always been true.
Ancient kings may have owned more more gold than everyone else in the kingdom, but their true wealth lay in their claims of ownership over land and the labor of others.
These claims of ownership always have and always will be secured by force. In the modern era our claims of ownership are far removed from the use of force through complex legal structures, but these legal structures are ultimately enforced through the use of, or more often merely the threat to use force.
Land, people, and the strength to claim them. This has always been what wealth is.
The truly wealthy know that money is not true wealth. Money is a tool of exchange and it's value is based on perception. They own more money than everyone else, yet they only hold a small fraction of their wealth as money.
True wealth lies in claims of ownership over the most valuable land and over the productive efforts of others. This has always been true.
Ancient kings may have owned more more gold than everyone else in the kingdom, but their true wealth lay in their claims of ownership over land and the labor of others.
These claims of ownership always have and always will be secured by force. In the modern era our claims of ownership are far removed from the use of force through complex legal structures, but these legal structures are ultimately enforced through the use of, or more often merely the threat to use force.
Land, people, and the strength to claim them. This has always been what wealth is.