Tuesday, June 10, 2014

Wealth and Specialization

If wealth is judged to the degree what assortment of goods and services are accessible to the community with their own money, then we get an economy constantly matching resources to needs.  There is division of labor and specialization, constantly adjusting.  This would be a comity, where people cooperate.

If you believe wealth is judged to the degree one person has accumulated assets, then you either desire to be as "wealthy" as possible, or endeavor to get that wealth redistributed.  Hence the eternal rearranging of deck chairs on the Titanic by democrats and republicans.  This would be a polity, where the powers that be direct all.

But assuming the first definition, then there needs to be means of financing that matches the definition.  Indiegogo seems to fill one possible means of financing in the former comity.  Apparently is is a means of distributing charitable contributions.  Well, it does foster creation of products that need financing, such as this.

Laws are being written by the progressive fascists to crush this means, because it is felt to be contrary to the latter definition of wealth.  But after the capitalist system goes down, like communism did, we'll need to recall what was sustainable.

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