In regards to the term Capitalism – there is a HUGE misunderstanding on the concept of ‘wealth’. Infact real wealth can never be printed on paper – and money in itself is completely worthless. There is a huge difference between these 2 concepts of which I’d like to dispel.
Money is worthless
Money is the governments way of trying to create dependence on the state. By creating a society that runs entirely on it’s printed notes with an alleged value – the government then makes itself relevant on every exchange between individuals. The truth is we don’t need it- and whether it’s a $1 bill or a $100 – it’s not worth the paper it’s printed on. Infact under our current system, the printing of ‘money’ just creates debt for the very reason it’s worthless.
Money does not reproduce, it does not really increase or decrease in value as a $1 bill will always say $1. Money by itself does not produce anything at all, nor does it labor. What it does is simply act as a medium for exchanges to make the barter system a bit more fluid. This is seen many times in people who win the $100 million lottery, and later we read they become homeless in about 5 years or so. A person who has a ton of money can only become poor because they have no assets.
Commodity is Wealth
If I have a chicken farm, I have wealth because my chickens keep laying eggs, and people are always going to buy eggs. I can ask the consumer to pay for my eggs in money so that I can, in turn go to a milk farmer and exchange my money for his milk….. make sense?
Wealth is a persons assets. The commodity an individual produces for trade determines how rich he is – even though he may not have a lot of ‘money’, why does he really need it when he has chickens? It is because he has chickens, he can always trade his eggs for anything he wants; milk, gold, money, silver, potatoes, clothes, etc etc. So materialistically speaking, money is not wealth at all – it’s just a product of wealth. If you want to become wealthy, accumulate assets that create commodities.
So my friends with that said, I conclude this simple analysis confident I have inspired you to go out and become more “Wealthy” rather than “Loaded with Money”. Of a truth nobody really needs money at all, its the most useless commodity out there. Buy assets that produce or appreciate in value not junk, and you too will become rich 😀