Sunday, January 14, 2018

Trickle-Down Disobedience

The best thing a man can do for his culture when he is rich is to endeavor to carry out those schemes which he entertained when he was poor.
 - "On the Duty of Civil Disobedience" by Henry David Thoreau

If there's anything I know about the social behavior of those with little money and less opportunity is that when they get it, they spend it like it's bottomless and share it with everybody they know. This is not terribly healthy, nor long sighted, and it certainly doesn't lend oneself any progress to getting out of the hole that is dug by debt.

There used to be a thing in this country called trickle-down wealth.

What that meant was that giving tax breaks to the rich equated to stimulating the economy, because the rich either spent more money or created more opportunity by expanding their own business ventures. Unfortunately, it doesn't work that way anymore.

In today's world, many of the rich and the upper class as a whole, are more concerned with increasing their wealth than sharing it. Amateur politicians still use the pattern of trickle-down economics to stimulate their own selfish growth and no-one else's, hoping we won't notice.

I'm not saying they should spend their money like it's bottomless. I'm saying that if they spent more effort to spread and share their wealth and good fortune, they'd be all the more likely to find their luck increase.

I'm not saying that to sound like a fortune cookie. I'm saying that with an eye on men like Warren Buffet, who are not only proving it's true, but they're living it.

Speaking of which, have you seen Berkshire Hathaway's homepage? It doesn't have all the flash and shine of most pages you'll find of the garishly wealthy; the design is, so to speak, good enough.

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