Supposed Wealth Creation ?
Of course, in an ‘informal sense’ everyone including myself, talk about creating and or destroying things.
However, in the context of a ‘formal sense’, we as human beings cannot create or destroy anything. This is due to - “The conservation of energy and matter doctrine”. which is an universal doctrine. Possibly, some Theoretical Physicists most probably have already murdered this doctrine like they have with some other substantive scientific theories ?
Nevertheless, to carry on with this doctrine and theme, means there cannot be such a thing as ‘wealth creation’ when it comes to the monetary system. Within this doctrine, there can only ever be a ‘transfer effect’. Therefore, money transfers from ‘one perception to another’. (or call it substances, ie matter) In this process, will also include as stated in economics, as there being a
‘paper value’.
So within this process of ‘wealth distribution’, wealthy people and institutions actually should have more responsibility to civilisation and humanity than most others, as they control more of this wealth distribution system, than for example, in particular poorer people.
As someone who believes in as much freedom and choice as possible including is not envious at all of the very wealthy either, means I would never support a democratically elected left approach of taxing the very rich individuals and institutions up to the hilt.
However, what I do believe in, if civilisation is now to take a ‘moral stance’ to the needy and the environment, then the very wealthy need now to take on even more self-responsibly for these urgent issues, as stated previously. It is they that has the main control of ‘wealth distribution’. (Not as previously said ‘wealth creation’, that I have already stated is not feasible).
Furthermore, as I have intimated above re freedom and choice, this has to be on “THEIR OWN VOLITION”!
But I also feel all Governments have failed us in the past in not making certain the very rich pay their fair share of tax. On the contrary, I once observed live on television that a rather elderly and very rich entrepreneur was actually gloating he pays less tax than most of us! What made this even more disappointing for me, his comments was just at the end of 13-years rule of a Labour Government.
The Most Successful And Long-Lasting Effects Of Wealth Distribution, Which Will Include Transferring Energy And Matter In The Most Effective Way For The Benefit Of Those In Most Need And The Environment. Which Will Result In - ‘The Most Effective And Cohesive Domestic And World Economy’
Not too much to say here other than was indicated to us by “The Life Of Christ”, is compassion to others, especially towards those in most need. I only wish that in particular, the two main Churches historically and unequivocally supported this belief!
Malcolm E. Thorpe.