Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?
Suppose you win 100 million. What do you actually do with it? Banks only guarantee 250,000. Do you have to invest it? Is there anywhere you can just let it sit and draw interest?
I feel like that more a reason you specificity aren’t rich and the rest of the people have very different reasons.
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What makes you think owning property means you don’t know economics? I’m willing to bet those people also have a lot invested in stocks/bonds/business… feels like your just mad because they have an a you have not.
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Absolutely this is why. And owning stuff isn’t a job - only workers contribute to society.
Unfortunately, having bourgeoisie rulers and landlords is the central underpinning to capitalism.