@@bradleywilkinson4246 I get paid more than GP’s and still think I should be paid more why care about what others get paid I couldn’t care less as long as my moneys coming in
Different generation. She mentioned capitalism he started mentioning -cracy. He’s part of that generation where communism was a buzz word used to describe everything bad.
it scares me to see how grown adults actually beileve that 'some of them' have gotten their fortunes from their incredible work ethic and intelligence. The underpaid factory workers in third world countries are screaming.
Every person should be taxed 100% on the money they don't need. It's getting very far from ridiculous that there's so many people struggling to live when we have enough ingenuity and resources to provide the basic needs to everybody, as long we just stop letting the bastards win. And by the way, people are only rich through luck, and that doesn't just mean inheritance.
Hats off to the Inner Peace lass! Love the way the message unfolds in this video. I couldn't believe you could find so many people who were willing to answer the favourite billionaire question!
How about they treat their staff as charity instead of paying them low as possible then giving it to charities instead... Imagine what just an extra £€$100 a month would do for those people , they would in turn spend it in the economy and pay taxes on it too
Don't forget the rich also use charities as tax scams. For example, pay a couple thousand for a gaudy piece of artwork, get it appraised for millions, offload the work to a "charitable" organization, and BAM, bigly tax cut.
Ironically, billionaires and big corporations understand the tax code which is why they pay little tax. Incidentally, billionaires and big corporations fund the many charities.
I thought there would be more people I agreed with - this was sort of disappointing. No one EARNS a billion dollars! Idc how hard you work. I promise you that the janitor at your local high school works pretty damn hard too
Richard Branson came to a restaurant I worked at many years ago. He was put into my section as I was one of the better waiting staff. The manager, who is possibly still associated with the place told me that I was to "comp" the meal, there would be no charge. So I pulled out all the stops and gave Mr & Mrs. Branson my undivided attention. When he asked for the bill, I was pleased to tell him it was "on the house"..... They both got up, thanked me, and left without tipping me at all. Now that is how you become and stay rich !!!
@@gorgeous61 Always seems to be the people that have the most that give the least, my girlfriend and I ate in her friend's parent's restaurant last week and they wouldn't let us pay, but we still left the money for the meal on the table before we left, people like him must have no shame
this is so triggering to watch, the fact that people think that it is rational for an individual to have multiple even HUNDREDS of billions in our current global state is bewildering. maybe if we didn’t have such severe issues with hunger, housing, education and labour rights globally and things were much more equal like they should be, billionaires might not be such a problem? but the fact that we haven’t got basic human needs down globally as a human race is where the monetary focus should be!
You do realise that these billions are tied up in investments and assets and they’re massively boosting the economy by re investing their money, also they create hundreds of jobs. Stop this whole rich people bad thing it shows how uneducated you are
@@triton9139 For every Amazon warehouse you have, you lose all the local bookshops, hence you don't gain jobs, you move them. You often lose higher-paying jobs with more security and benefits for 0-hour contracts. Whilst its tied up in stock, Jeff Bezos can easily have a plan to liquidate x amount of stock(like he does currently yearly) and put that to good use. Jeff Bezos has taken more government subsidies than he's paid in taxes and due to his low wages, the workers rely on social housing and food banks, government social safety nets, so its an even bigger drain.
I’d rather there be 1,000 millionaires made than 1 billionaire. Now imagine how many millionaires could’ve been made just from half Elon Musk’s, Jeff Bezos’ and Bill Gates’ money while they’d still be the richest people in the world
Capitalism doesnt solve human problem of trying to find happiness. To be happy, your PHYSICAL, MENTAL and SPIRTUAL state has to be in good balance. Capitalism solves the PHYSICAL but doesnt come close to fixing the MENTAL and SPIRTUAL
@@lucinhas everything that is in solid state around you that u can touch and feel is Physical and has been brought by you and for you in the pursuit of Capitalism.
This seems like a reasonable compilation of real thoughts and perspectives on wealth inequality that are held to various extents by a number of people. It would be interesting to see these same people respond to a formal statistical/objective analysis of the issue. Like: working through the contextualized principles related to inequality and how to determine appropriate reactions, individually and systemically.
Even if you have money you will be thinking about it. For example you will think about how well your investments are doing, the current market, the security of your home, who's trying to steal from you, who's begging you for money, who's trying to befriend you for wrong reasons, keeping up with the Jones, if your housekeeper/maid has been paid on time etc the list is endless. As the the saying goes more money more problems.
Shake my head. I dunno if you've purposely only included people with the view that you have to work harder to get more money, or wether that's genuinely most people's belief but it's incredibly disappointing that most people don't acknowledge that some of us will forever have a foot on our neck no matter how hard you work...
Why do you think that working hard is the same as success? If you have an ugly person trying to be a model, they're not going to be as successful as an attractive person no matter how hard they work. I mean, I could spend eight hours a day digging a hole and another eight hours of a day filling it back up; why do you think this means I deserve a lot of money? Please pull your head out of your ass.
Billionaires become billionaires because making money is their main goal and when that's the case they would most likely do anything (including shady practices) to achieve it.
I mean we say shady but being able to barely pay any taxes is just them legally taking advantage of a flawd market system... I'd maybe say, dont hate the player, hate the system^^
The free market economy that we have in western countries, and an actual meritocracy have no relation to one another. Capitalism promises meritocracy, but it is yet to produce one, where the rich don't dictate absolutely everything from the price of essentials like food and housing, to the market share of fast growing industries.
@@elongatedmusk9611 Its not morally right for someone to have more than they could ever use while others die because they have nothing. They don't deserve that much either, they don't work a hundred million times harder than they're employees Only through the lens of capitalism does it make sense for billionaires to have so much
@Life Cry You're going to be mad about communists all your life, of at least until you realise that for every dollar a billionaire has that they didn't work for, someone worked for a dollar they didn't get.
Working hard can mean many things, but working hard, primarily in business, in the right market at the right time with correct strategies and decisions, thats how those specific hard working people make so much money.
The first thing you should define when discussing Billionaires, is the precise definition of it. It is not somebody who has £1B in their back pocket ready to disperse to the masses. It is assets, company compensation, expenses, stocks/shares, salary, and any other wealth legally theirs to own. This means business assets are counted as individual "wealth". Nobody earns £1B as a wage - if you did not know this. They merely have that wealth across portfolio and the conversion of a lot of that wealth/assets/stocks into disposable cash, or themselves or the "masses", would render the collapse of the business, all the 10,000s/100,000s of people employed in the supply chains and the admittedly small degree of corporation tax, but also would mean the end of tax in every other area of the supply chain of the company. Reasonable tax discussions are fine but the notion often asserted that their "wealth" can "end poverty" in some form is a simplistic, ill-conceived notion of development and economic strategy.
Just leaving a comment to praise the choice of underlining in the quotations in the video. Even the choice of which words to underline has a hint of Amelia about it
It's probably not the best at distributing it fairly. But it has increased life expectancy, and actually massively improved social mobility in the last 200 yrs so I'll take it :)
I've never been rich but I did use to make pretty good money in my earlier years & I was always giving back to those that was less fortunate to myself & I would do it all over again if I could . I'm poor now in my older years & nobody has ever helped me much at all but that's not why I gave the way I did I gave because I could & I wanted to help others & animals oh yes animals . I can;t even aford a car nolonger & mine blew up about 2 years ago . I can't hardly walk anylonger . I have to use a walker & it's hell to even find a ride to get to my heart doctor or even to the grocery store .
“What’s the good thing about capitalism” “It gives everyone a chance” Categorically untrue. Many people are born into conditions that set them up to fail in a capitalist society. Having more money = better chance at a good life = getting more money = an even better life, and so forth. Inversely, being born into a poor family or community = it’s difficult to set yourself up for a good life = you’re less likely to make money, and so forth. Capitalist gives fortunate people a chance, not the poor, capitalism is inherently not equal, hence the huge divide, hence the topic of this video being about the 1% owning 99% of the wealth. That guy was either a sheltered kid born into wealth, or he simply didn’t think through what he said.
The content seems well produced and balanced. But the comments on all these videos seem to have a huge bias, and definitely not the bias I would expect from a Dave audience
Perhaps we should limit lifetime inheritance per individual to £500k and any extra is paid as tax? The argument is that all the millionaires would leave, but if they're just hoarding large sums of money and we've decided that trickle down doesn't work, is it a loss?
Every person should be taxed 100% on the money they don't need. It's getting very far from ridiculous that there's so many people struggling to live when we have enough ingenuity and resources to provide the basic needs to everybody, as long we just stop letting the bastards win. And by the way, people are only rich through luck, and that doesn't just mean inheritance.
wealth comes from taking risks, accountability, having specific knowledge and applying it. Yes, luck does come into it but taking chances etc many would label luck when it could be character luck i.e they have the traits to spot the gap in the market. They then take on more risk (more employees and accountability )and work on long time horizons, that is how real wealth is made.
Capitalism doesnt solve human problem of trying to find happiness. To be happy, your PHYSICAL, MENTAL and SPIRTUAL state has to be in good balance. Capitalism solves the PHYSICAL but doesnt come close to fixing the MENTAL and SPIRTUAL
5:14 For this specific question, although direct, tangible money is not given to the lower classes; many would argue that huge services and brands are innovative and have administered for other smaller companies to grow and blossom. Although i do believe there is a huge partition in wealth, billionaires such as bill gates, have probably done more for Africa than actual Africans. So to conclude, wealth does and does not trickle down to lower classes, but we may benefit from the by-product that wealthy people have created, by using their wealth.
Hey everyone! I really hope you enjoy my new series Who Cares? ❤️ I’ve learnt so much from making it and perhaps you will too ! Xx
Its lovely! 😃
Karen
Here after listening to you on Happy Hour . Loved the podcast and loved this video . Good stuff 👍🏻
you’re quality amelia. love everything you’re a part of
Fancy a chicken shop date?
The guy who knows he’s getting paid too much is a vibe
Why would you want paid less that’s got to be the daftest thing I’ve ever heard
@@moh8483 he didn't say he wanted to be paid less. He said he should be paid less.
@@xxxDUCKMANDUCKxxx well he’s a fanny for saying that. you should want paid as much as possible
As someone who makes more than a GP aged 25 working in engineering, I can safely say I agree I am paid too much😂
@@bradleywilkinson4246 I get paid more than GP’s and still think I should be paid more why care about what others get paid I couldn’t care less as long as my moneys coming in
The old man who rated capitalism a 10 out of 10 lmaooo
I miss the old Kanye...
i love donda
Different generation. She mentioned capitalism he started mentioning -cracy. He’s part of that generation where communism was a buzz word used to describe everything bad.
Why do u want to impersonate somebody just be urself .
it scares me to see how grown adults actually beileve that 'some of them' have gotten their fortunes from their incredible work ethic and intelligence. The underpaid factory workers in third world countries are screaming.
it scares me to see how grown adults thinks billons of dollars just land it some peoples laps.
@@teawrld5976 Have you never heard of inheritance?
@@teawrld5976 that's literally what happened for 13.3%.
Every person should be taxed 100% on the money they don't need. It's getting very far from ridiculous that there's so many people struggling to live when we have enough ingenuity and resources to provide the basic needs to everybody, as long we just stop letting the bastards win. And by the way, people are only rich through luck, and that doesn't just mean inheritance.
@@neanda Stalin tried that, it did not work all that well, for poor ppl that is.
Amelia: "Do you feel like you work hard."
Man: "If my employers are watching are would say Yes"
😂oh wow
Definitely a feeling a lot of us can relate to 🤣
Hats off to the Inner Peace lass! Love the way the message unfolds in this video. I couldn't believe you could find so many people who were willing to answer the favourite billionaire question!
Over half of them would tell u the truth if they where rich or not .
A chicken shop date with a billionaire !!!!!! Needed
MUST!
The guy should let his wife talk. Kept interrupting her
How about they treat their staff as charity instead of paying them low as possible then giving it to charities instead...
Imagine what just an extra £€$100 a month would do for those people , they would in turn spend it in the economy and pay taxes on it too
good point mate
Safemoon develop to be billionaire
Become a billionaire and do that then
@@Chris-zi4mo be quicker for those that already are to just do it...
You know , the trickle down effect ??
If billionaires and big corporations paid their tax we wouldn't need so many charities
Don't forget the rich also use charities as tax scams. For example, pay a couple thousand for a gaudy piece of artwork, get it appraised for millions, offload the work to a "charitable" organization, and BAM, bigly tax cut.
Ironically, billionaires and big corporations understand the tax code which is why they pay little tax. Incidentally, billionaires and big corporations fund the many charities.
Most charities are frauds.
I thought there would be more people I agreed with - this was sort of disappointing. No one EARNS a billion dollars! Idc how hard you work. I promise you that the janitor at your local high school works pretty damn hard too
The janitor aint got a skill though. Hard work doesn't equal skill.
@@felixdaniel5243 wow what an impossibly small minded thing to say
if making lots of money is your goal you have to work smart, not hard.
@@jillmayer9501 i don't think a cleaner knows how to design a tesla. probably doesn't know what revenue is, lol.
@@762mm7 I completely disagree but have a nice day
Richard Branson came to a restaurant I worked at many years ago.
He was put into my section as I was one of the better waiting staff.
The manager, who is possibly still associated with the place told me that I was to "comp" the meal, there would be no charge.
So I pulled out all the stops and gave Mr & Mrs. Branson my undivided attention.
When he asked for the bill, I was pleased to tell him it was "on the house".....
They both got up, thanked me, and left without tipping me at all.
Now that is how you become and stay rich !!!
They didn’t tip you at all?! I would have tipped you the cost of the meal.
@@jamesleon4883 Thank you 👍🏼
That's what you would expect...
I hated him after that 🤣🤣
interesting insight
@@gorgeous61 Always seems to be the people that have the most that give the least, my girlfriend and I ate in her friend's parent's restaurant last week and they wouldn't let us pay, but we still left the money for the meal on the table before we left, people like him must have no shame
@@bigjuicychicken535 I think it was sarcasm
The fact that people have favourite billionaires is…. Interesting.
this is so triggering to watch, the fact that people think that it is rational for an individual to have multiple even HUNDREDS of billions in our current global state is bewildering.
maybe if we didn’t have such severe issues with hunger, housing, education and labour rights globally and things were much more equal like they should be, billionaires might not be such a problem?
but the fact that we haven’t got basic human needs down globally as a human race is where the monetary focus should be!
You do realise that these billions are tied up in investments and assets and they’re massively boosting the economy by re investing their money, also they create hundreds of jobs. Stop this whole rich people bad thing it shows how uneducated you are
@@triton9139 it's okay, they're triggered.
@@triton9139 For every Amazon warehouse you have, you lose all the local bookshops, hence you don't gain jobs, you move them. You often lose higher-paying jobs with more security and benefits for 0-hour contracts. Whilst its tied up in stock, Jeff Bezos can easily have a plan to liquidate x amount of stock(like he does currently yearly) and put that to good use. Jeff Bezos has taken more government subsidies than he's paid in taxes and due to his low wages, the workers rely on social housing and food banks, government social safety nets, so its an even bigger drain.
I was looking for this comment. Thank you.
@@triton9139 still, the way they’ve gained this wealth through the exploitation of their workers and are born in rich families
I’d rather there be 1,000 millionaires made than 1 billionaire. Now imagine how many millionaires could’ve been made just from half Elon Musk’s, Jeff Bezos’ and Bill Gates’ money while they’d still be the richest people in the world
"inner peace" x2
Capitalism doesnt solve human problem of trying to find happiness. To be happy, your PHYSICAL, MENTAL and SPIRTUAL state has to be in good balance. Capitalism solves the PHYSICAL but doesnt come close to fixing the MENTAL and SPIRTUAL
@@NA597 “capitalism solves the physical” lmaoo
@@lucinhas everything that is in solid state around you that u can touch and feel is Physical and has been brought by you and for you in the pursuit of Capitalism.
@@lucinhas ?
This seems like a reasonable compilation of real thoughts and perspectives on wealth inequality that are held to various extents by a number of people. It would be interesting to see these same people respond to a formal statistical/objective analysis of the issue. Like: working through the contextualized principles related to inequality and how to determine appropriate reactions, individually and systemically.
I desire financial security. To not have to even think about money would be a great burden lifted.
Even if you have money you will be thinking about it. For example you will think about how well your investments are doing, the current market, the security of your home, who's trying to steal from you, who's begging you for money, who's trying to befriend you for wrong reasons, keeping up with the Jones, if your housekeeper/maid has been paid on time etc the list is endless. As the the saying goes more money more problems.
Shake my head. I dunno if you've purposely only included people with the view that you have to work harder to get more money, or wether that's genuinely most people's belief but it's incredibly disappointing that most people don't acknowledge that some of us will forever have a foot on our neck no matter how hard you work...
Ehmm people we're sharing this opinion also right?
Why do you think that working hard is the same as success? If you have an ugly person trying to be a model, they're not going to be as successful as an attractive person no matter how hard they work. I mean, I could spend eight hours a day digging a hole and another eight hours of a day filling it back up; why do you think this means I deserve a lot of money? Please pull your head out of your ass.
Billionaires become billionaires because making money is their main goal and when that's the case they would most likely do anything (including shady practices) to achieve it.
and because they already start from a position of privilege and get incredibly lucky
Most become billionaires because of the stock market
I mean we say shady but being able to barely pay any taxes is just them legally taking advantage of a flawd market system... I'd maybe say, dont hate the player, hate the system^^
Yh your right man
Yh I would probably do that to
"That's a billonaire dog" iconic part Amelia
Right! I better get back to my two jobs and work really 'hard' if I ought to be a billionaire. 🙄
The free market economy that we have in western countries, and an actual meritocracy have no relation to one another. Capitalism promises meritocracy, but it is yet to produce one, where the rich don't dictate absolutely everything from the price of essentials like food and housing, to the market share of fast growing industries.
So sad how many people think that making millions is all about merit and nothing else.
I'd give capitalism 1 out of 10 myself, and more billionaires just make the rest of the world poorer. Why hoard money and drive up poverty?
Why share your wealth?
Nobody needs a billion anything period
doesnt mean they dont have the right to have it.
You have billion cells. Let’s half them shall we
@@waNErBOY They don't
@@farzanamughal5933 why not?
@@elongatedmusk9611 Its not morally right for someone to have more than they could ever use while others die because they have nothing. They don't deserve that much either, they don't work a hundred million times harder than they're employees
Only through the lens of capitalism does it make sense for billionaires to have so much
Oh dear, not the Billionare Dog 😅
I just came across your channel this series is very entertaining keep up the good work !
Someone with £68bn could give everyone in the UK £1000 and still have more money than they could ever spend.
They can't, money doesn't work that way! No one has £68bn, it's all share price!
@@philipehusani so they could give them the shares..? Jesus, Philip
@@123eee 😂😂😂😂😂
@Sash Campbell Sash, I think we're all just having a laugh here...
@Eeee give the poor the shares, they will sell them all and the whole stock market and economy would go down the toilet.
the older couple were so irritating. the only person who made much sense was the inner peace person
They were irritating because they believed in capitalism?
@Life Cry I didn't say they were disgusting - I said irritating. I prefer when people care about other people. Sue me
@@adam_priscak Precisely
@Life Cry lmao okay
@Life Cry You're going to be mad about communists all your life, of at least until you realise that for every dollar a billionaire has that they didn't work for, someone worked for a dollar they didn't get.
when she said ‘to most people’ i knew i had to like the video
Working hard can mean many things, but working hard, primarily in business, in the right market at the right time with correct strategies and decisions, thats how those specific hard working people make so much money.
That old couple 🤦♀️
looool dem old people mad
Amelia’s got it all figured out.
The question is, are Billionaires happy???
The old man, so old and still so ignorant. Makes me sad.
The first thing you should define when discussing Billionaires, is the precise definition of it. It is not somebody who has £1B in their back pocket ready to disperse to the masses. It is assets, company compensation, expenses, stocks/shares, salary, and any other wealth legally theirs to own. This means business assets are counted as individual "wealth". Nobody earns £1B as a wage - if you did not know this. They merely have that wealth across portfolio and the conversion of a lot of that wealth/assets/stocks into disposable cash, or themselves or the "masses", would render the collapse of the business, all the 10,000s/100,000s of people employed in the supply chains and the admittedly small degree of corporation tax, but also would mean the end of tax in every other area of the supply chain of the company.
Reasonable tax discussions are fine but the notion often asserted that their "wealth" can "end poverty" in some form is a simplistic, ill-conceived notion of development and economic strategy.
Why doesn’t this have more likes
This!
Finally some sense in these comments!
Just leaving a comment to praise the choice of underlining in the quotations in the video. Even the choice of which words to underline has a hint of Amelia about it
Bruh... Look at the wealth difference between kylie jenner and billionaires lol.. 😲
Would have been good if they got a billionaire on to ask their perspective and what they did differently
billionaires don't "make" money, they steal it from the workers.
Who else is here from Happy Hour?
Damn... biases guy.. biases. If you have to manipulate and frame, possibly the idea isnt as strong as you might think.
Billionaires do not work millions of times harder than everyone else
That old man was insuffurable. It´s obvious that Capitalism is great at creating wealth, but sucks at distributing it fairly.
It's probably not the best at distributing it fairly. But it has increased life expectancy, and actually massively improved social mobility in the last 200 yrs so I'll take it :)
The old fossil wouldn't even let his wife speak. OK, grandpa, into the home you go.
I've never been rich but I did use to make pretty good money in my earlier years & I was always giving back to those that was less fortunate to myself & I would do it all over again if I could . I'm poor now in my older years & nobody has ever helped me much at all but that's not why I gave the way I did I gave because I could & I wanted to help others & animals oh yes animals . I can;t even aford a car nolonger & mine blew up about 2 years ago . I can't hardly walk anylonger . I have to use a walker & it's hell to even find a ride to get to my heart doctor or even to the grocery store .
I'm actually shocked at people's views on billionaires... Mine are 100% not that 😅
“What’s the good thing about capitalism”
“It gives everyone a chance”
Categorically untrue. Many people are born into conditions that set them up to fail in a capitalist society. Having more money = better chance at a good life = getting more money = an even better life, and so forth. Inversely, being born into a poor family or community = it’s difficult to set yourself up for a good life = you’re less likely to make money, and so forth.
Capitalist gives fortunate people a chance, not the poor, capitalism is inherently not equal, hence the huge divide, hence the topic of this video being about the 1% owning 99% of the wealth.
That guy was either a sheltered kid born into wealth, or he simply didn’t think through what he said.
Be careful what you wish for. The most likely way to become a billionaire is through hyperinflation.
billionaires become billionaires by exploiting the working class
The content seems well produced and balanced. But the comments on all these videos seem to have a huge bias, and definitely not the bias I would expect from a Dave audience
What is this reporter wearing my goodness Columbo Style
There's no path to billionaire status that doesn't involve exploitation.
So cute1 I feel like you know a lot about government laws
BIG! ❤️
Hi like your style enjoying it.
"inner peace" - YES.
The old guy in the hat passed the vibe check
the woman at the end has it right!!
Rich people can never spend all that money before they die... Why not share it with those who are in need?
Thats not how the world works…..
Perhaps we should limit lifetime inheritance per individual to £500k and any extra is paid as tax? The argument is that all the millionaires would leave, but if they're just hoarding large sums of money and we've decided that trickle down doesn't work, is it a loss?
Flavor of of the week is all
Is it me, but is it not a big coincidence. That every year the UK accumulated more billionaires. It also accumulated more food banks!
Lmao wake up early at 5😂😂
Great job @amelia
Did they cut the people that actually know what makes a billionaire or these people in the streets are like just NPC's in GTA?
5:15 and I’m tears.
Every person should be taxed 100% on the money they don't need. It's getting very far from ridiculous that there's so many people struggling to live when we have enough ingenuity and resources to provide the basic needs to everybody, as long we just stop letting the bastards win. And by the way, people are only rich through luck, and that doesn't just mean inheritance.
Ageing well
so good amelia!
capitalism 1/10, communism on the other hand...
Met a billionaire at Patridges and one in Earls Court when I lived in London. Even took a pic with one of them. Not too hard to meet them there
YAY! More Amelia vids! 🌹 She is fab
Everyone want to be a billionaire..
The wealth is mostly in stocks. Tax is paid on stocks only if it is sold.
Man said kylie jenner 😂😭 like kylie would be a billionaire
This would be so different in a city in the US. So so different.
Was this the one that defined your stance?
Thank you GOD FOR Amelia too!!! Smashin IIIT 💓🔥
This crushed my hope for humanity
The lady at the end has the right idea
💜
Good health is the greatest wealth.
work smarter, not harder
Go on a date with Stormzy
Being creative, ruthlessness and going on the stock market.
And taking from your workers. That bit's mandatory.
Go on a date with Skepta
Billionaires dont do enough charity... its sad
Billionaires don’t pay their effective tax rate. Too many loop holes. Fix that and we don’t need them to participate in charity
wealth comes from taking risks, accountability, having specific knowledge and applying it. Yes, luck does come into it but taking chances etc many would label luck when it could be character luck i.e they have the traits to spot the gap in the market. They then take on more risk (more employees and accountability )and work on long time horizons, that is how real wealth is made.
7:35 Communism?
My cousin father is one
сокрушить капитализм 💯💥
Love you
Came here for the billionaire slander, stayed for inner peace
Capitalism doesnt solve human problem of trying to find happiness. To be happy, your PHYSICAL, MENTAL and SPIRTUAL state has to be in good balance. Capitalism solves the PHYSICAL but doesnt come close to fixing the MENTAL and SPIRTUAL
Capitalism ruins the physical state by giving money to the rich at the expense at the poor.
Lmfao teachers have the same schedule as children, they get like 4 months off a year, they don’t deserve more pay
amazing
5:14 For this specific question, although direct, tangible money is not given to the lower classes; many would argue that huge services and brands are innovative and have administered for other smaller companies to grow and blossom. Although i do believe there is a huge partition in wealth, billionaires such as bill gates, have probably done more for Africa than actual Africans. So to conclude, wealth does and does not trickle down to lower classes, but we may benefit from the by-product that wealthy people have created, by using their wealth.
Not a fan of Gates 👀 if you know you know