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In reply to the discussion: About wealthy people [View all]

HughBeaumont

(24,461 posts)
25. Er . . . .
Tue Jan 28, 2014, 03:38 PM
Jan 2014
http://www.commondreams.org/archive/2007/11/07/5075

To see what's wrong with this idea, it's easiest to start with criteria that ought to disqualify a person from claiming to be "entirely self-made." After we've applied these criteria, we can see who's left in the pool. So, then, let us scratch from the list of the self-made anyone whose accumulation of wealth has been aided by any of the following:

* Laws concerning property or contracts, and the public agencies that enforce such laws
* Public schools or employees educated in public schools
* Employees or customers who rely on public transportation
* Roads, bridges, airports, sewers, water treatment plants, harbors, or other utilities built and maintained at public expense
* Mail systems built and operated at public expense
* Public hospitals and government-licensed physicians
* Health and safety regulations created and enforced at public expense
* Police and fire protection provided at public expense
* Public libraries and parks
* Any public amenities that add value to commercial or residential real estate
* Government contracts
* Government-provided business incentives
* Regulatory agencies, such as the Federal Trade Commission or the Securities and Exchange Commission, that sustain trust in the stock market
* A government-granted license permitting the exclusive use of a broadcast channel
* The Internet
* A form of currency legitimated and backed by a stable government
* Social welfare programs that keep the poor from rebelling
* The U.S. military

If we use these criteria to determine who can legitimately claim to be "entirely self-made," the Forbes number drops dramatically. It's not 270 out of 400. In fact, it's precisely zero.

If not for the legal and political arrangements that we create and maintain as a society -- with contributions from us all, costs to us all, and benefits to us all -- and if not for what we call "the public infrastructure," nobody could accumulate wealth. In short, there can be no private wealth without common wealth.

Forbes and the economic class it represents would like us to forget that wealth always depends on collective effort. Why? Because of what the "entirely self-made" myth implies: If I have amassed a fortune solely through my individual talent and hard work, then it is wrong for the government to take any of it away. By further implication, taxation is wrong, and progressive taxation is really wrong.


Oh, and . . . .

http://rationalwiki.org/wiki/Wanting_it_bad_enough

"Wanting it bad enough" is a "strategy" for achieving just about any goal promoted by a multiplicity of public figures, from self-help writers to mainstream celebrities, who all have one thing in common: they have already achieved their goals. These people like to talk up their own hard work by saying that:

1.They got where they are simply or largely because they wanted it bad enough.
2.You too can achieve your dream, so long as you want it bad enough as well.

Of course, none of these people's success can be in any way attributed to factors outside their own direct personal control such as patronage, privilege, opportunity or simple dumb luck.

There is also the flip side, of "blaming the victim." If you do not have the success you want, it is your fault because you didn't really want it badly enough. It has nothing to do with a bad economy, or the flat out odds against something happening.

Seductive appeal

The idea of "wanting it bad enough" as a route to success is very attractive to large numbers of people, since anyone is able to want something, and everyone likes to believe that their own dreams are uniquely powerful and thus more likely to come true. Unfortunately, while there is an abundance of testimonials from successful people endorsing the power of "wanting it bad enough," the sample tends to be somewhat self-selecting: only people who have already tasted success have the platform to tell their success story. While Britney Spears has undoubtedly had a level of success that must have been due in part to wanting success, history does not record how many other little girls from the American South might have wanted to become famous pop singers just as badly as, or even worse than, Spears, yet somehow ended up with only multiple divorces, drug problems and bouts of pant-mislaying insanity to show for it.

Recommendations

0 members have recommended this reply (displayed in chronological order):

About wealthy people [View all] GRACIEBIRD Jan 2014 OP
Yes, they are confidence men (and women). Or as I like to call them, con men. (and women). ;) reformist2 Jan 2014 #1
By all means, idolize people who can talk other people out of their money ... Myrina Jan 2014 #2
not necessarily. GRACIEBIRD Jan 2014 #4
Nah. Bonx Jan 2014 #11
HOW they make it is NOT always decent hfojvt Jan 2014 #3
cool story. tenderfoot Jan 2014 #5
Regardless, they cannot become wealthy without help Kingofalldems Jan 2014 #6
As you've pointed out SheilaT Jan 2014 #7
of course GRACIEBIRD Jan 2014 #12
Only the wealthy believe we hate them BECAUSE they are wealthy. EC Jan 2014 #8
I kinda have to say you have a skewed view Boxerfan Jan 2014 #9
I don't see creativity as a big skill of the wealthy GRACIEBIRD Jan 2014 #15
No, I don't have a problem with wealthy people in general. Xyzse Jan 2014 #10
Message auto-removed Name removed Jan 2014 #13
As my uni Calculus Professor would write on tests: GRACIEBIRD Jan 2014 #16
If they all had to live in one town together, they would starve to death in months Taitertots Jan 2014 #14
+1. Since they are mostly con artists, they are actually less productive than the average citizen! reformist2 Jan 2014 #18
I wouldn't go as far as saying "mostly con artists", but they are benefitting from an economic.... Taitertots Jan 2014 #22
imagine 10 people on a deserted island. unblock Jan 2014 #17
+1 nt laundry_queen Jan 2014 #20
I understand what you say GRACIEBIRD Jan 2014 #23
the first step is to acknowledge you have a problem. unblock Jan 2014 #24
absolutely GRACIEBIRD Jan 2014 #26
We the people can decide to impose a "correction" to the results of the free market. reformist2 Jan 2014 #27
but who gets to change the rules and when? GRACIEBIRD Jan 2014 #29
We do! If everyone were like you we would never have instituted an income tax. reformist2 Jan 2014 #31
What a wonderfully insightful post Populist_Prole Jan 2014 #19
Honestly, I'd tax the poor miserable fuckers out of existence. hunter Jan 2014 #21
Er . . . . HughBeaumont Jan 2014 #25
gazelles and rabbits!!! GRACIEBIRD Jan 2014 #28
I know the type you are talking about laundry_queen Jan 2014 #30
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