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Topic: For whoever has, to him more will be given, and he will have abundance - page 2. (Read 306 times)

legendary
Activity: 2618
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Government doesn't shower just because Elon Musk have innovated things or he is good in attracting funds. The prime reason is the benefit government get out of it. No government just spend the people's money into private firm. Another thing, government is also under research of the similar concept. Governments make agreement to use the technology, in such a different things are around the market than just saying one who's with abundance will be showered with more.
legendary
Activity: 2296
Merit: 1335
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Quote
For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV

We could actually interpret this in a number of ways.

Let's say a person has fear, or doubt. For whoever has FUD, to him more will be given, and he will have abundance...  Tongue
Quote
I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk.


I know this as "the rich get richer as the poor get poorer" and it's of course true. It's not hard to make more money when you have plenty.
sr. member
Activity: 1008
Merit: 366
Do you want to invest the majority of your assets in a project which only make promises to deliver this and that or in some case, the company will give you fewer profits that the one already doing good and could give you a better return profits than that? Of course not. And they only get those privilege because they have the ability to give back what they took as a loan. And the more you give, the more you will get as an interest. So instead of giving small companies less money or privilege, the system chooses those from whom they can benefit more. Money makes more money and this is the rule they follow. For this reason, the poor will stay poor, and the rich will make more money. 
hero member
Activity: 1498
Merit: 702
It's an open secret how the US government and so many other governments of the world are doing their very best to keep the rich and wealthy in their society richer and this is just amongst the many examples of such practices. Their is a part of the Dictator movie where the main character was speaking to an audience and giving some point why the government of the united state of America should be a dictatorship ran government, but it's was quite ironic that all the point he gave as to why they should be a dictatorship ran government is precisely what the united state of America is doing.

It's really an unfair truth that the billionaires run the world, right to the stock market, real estate, and even medicine and the government just plays ball and do everything the cn to support them.
sr. member
Activity: 2268
Merit: 275
Talking from an economic point of view means that it relates more to the level of finances owned, influence and the products offered really have appeal in the world's economic competition industry. Elon Musk is not just an investor or an innovator, but he plays a role behind everything that is political in nature, whether we realize it or not, the funding in the government must flow without us knowing. Because of that he was able to survive and has a strong axis to take into account both his policies and the decisions he makes often cause slight shocks in the market.

But keep in mind Elon Musk is just part of a small government agenda to build things up to make things look more real. This sounds like an ancient conspiracy that we often encounter, but imagine if it was completely controlled and everyone, including respondents like us, were only complementary materials to keep things running.
legendary
Activity: 3094
Merit: 1385
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To be fair, it was in the context of why Jesus speaks in parables in the Bible, but I do agree that the phrase tends to hold in our world in general. Of course, it's too generic to say how true or false it really is, and there can easily be counterexamples where those who don't have are given something, like unemployment benefits or support of charities. But we do live in a world where the more you have, the more you can further receive, and that is very wrong and sad because it only exacerbates the existing inequalities instead of working on making them smaller. If you are wealthy, more doors are open to you for further opportunities, you probably have a lot of connections that can help you become even wealthier, and there's more trust in you than is someone who isn't wealthy.
legendary
Activity: 1582
Merit: 1284
Elion Musk's wealth comes from the companies he invests in, as I do not think that he has a large amount of cash, but the shares of those companies can be used as collateral in order to obtain cash, or at least borrow through them with low returns.
As for why the government finances it because there is a return from this financing, it will benefit from it, and therefore (government earns you earns all happy), while when it funds the citizen, it mostly does it as a service, but there is no return for governments from financing individuals or even supporting small companies because most of them will be liquidated, but inevitably all will support the successful company.

It's all about return on investment.
hero member
Activity: 700
Merit: 577
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Quote
For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV
I don't know how you understand that Biblical illustration by Jesus. And from what I read from you, you are bringing that to economic situation which is very far from it. Jesus was preaching to a very large crowd of people about the kingdom of God and all was about repentance. And it was a repentance message to the people. "Whoever that  has accepted Jesus Christ has his personal Lord and Savior then will have everlasting life, that's more has been given and whoever that didn't accept Christ as his personal Lord and Savior even the life that has been given to him will be taking back at the last day so I don't where you brought this to your economic analysis.
sr. member
Activity: 2310
Merit: 332
In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?


Is unfortunate that this things happen over the globe and different countries that government will help bigger conglomerate to continue existing and give little or no support to smaller companies like you have pointed out. This is like to refer to the saying that success has followership but failure doesn't, usually people want to associate themselves to success but do you know the real secret on why that happens? The big companies and their owners are friends to government, to people at the corridor of political powers. You will find more investors of such big companies from those in government, those powerful legislators. They are partners and will make policies that will make loan available to bigger conglomerate on whatever guise. So smaller companies have to struggle on their own with help of family members to survive.
sr. member
Activity: 602
Merit: 442
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Well I'm not either an economist  but let's  be realistic  and analyze the whole incidence.
No one wants to invest in something  that isn't really guaranteed and most of Elon's investments seem guaranteed and just like every other person, the governments  and other prominent investors  wouldn't want to risk their money in projects that don't seem realistic or don't give a better promise on return of investment (ROI) and hence, if they can afford investing in Elon's business then isn't one of the best options an investor can make and that simply answers why people go for name and reputations because people want proves not hopes
hero member
Activity: 1078
Merit: 509
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Taking it from a cryptocurrency point of view, bitcoin is already big in market capitalization and more people still put in money into it, while some altcoins are seeing massive decline of investors. The advise all over the market is to invest on coins that have proven to be profitable on the long run. Similar to what is happening in other businesses. Elon's businesses would bring profits to the investors that's why they're contributing more money into the project and he's building fresh technologies that has been rampant in the tech world. So, it's sure that it'll progress and succeeds, these investors take calculated risks and don't love throwing money on businesses that doesn't guarantee profits.
full member
Activity: 785
Merit: 105
They see great value in supporting ELON Mark businesses. He's a really good guy at making money; that's undeniable. The huge success of SpaceX and Tesla in areas like space exploration and sustainable energy. Such great values really move them and make them want to promote the partnership. That is what they want to do to benefit both parties rather than invest in a small business that has not really been successful and may also fail at any time, which causes economic damage and is undesirable.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
Quote
For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV

I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?

- https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884
You have definitely noticed that there are others who are engaged in a similar business, but remain out of their lot. Perhaps they can offer better solutions, but as you can see, no one helps them expand. Why are they worse than Elon Musk? I guess that's not the point at all.

But what if the reason for this discrepancy is Elon Musk's personal connections in the government, thanks to which he manages to receive funding from the US government. These guys may have personal selfish interests to support Tesla and SpaceX. Could it be that these people have a good share of the shares of these companies? Maybe. All this remains at the level of speculation, but one thing is clear - there can be no talk of healthy competition.
hero member
Activity: 2870
Merit: 612

When you are wealthy you learn to make more money with your money. You don't even need bible to prove it right. Hundreds to thousands of people just pay corrupt officials of government agencies to buy a huge land area which these people also plans for the mining of minerals.

Elon is a military weapon developer  as far as news websites are saying to which US government and his company has a contract. He sure will have more money even if the government defaults.
hero member
Activity: 2100
Merit: 618
Quote
For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV

I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?

- https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884
I think bigger companies will always enjoy these benefits from government and there are multiple reason for this, first reason is that these big companies give big funding to Political parties which obviously helps them run their day to day affairs and election campaigns, then these major companies promise employement generation at a massive level through their factories so government can display that they have created so many jobs in their tenure. So it's basically a game of tit for tat. People who have something already also have the capability to offer things to someone else therefore continue getting incentives.
hero member
Activity: 2786
Merit: 578
There's the difference with your example and that's Elon Musk. The government will certainly support him because he's got a reputation and his companies have already proven track record and have been stable overtime.

But it's true, I do get the point with the verse that you've given and the other examples that those smaller companies receive smaller to no support because they're small or either new.

This isn't new because when a company or a person becomes successful, that's where opportunities will come to them at most times.
full member
Activity: 406
Merit: 109
Well if you are rich and successful, other people would want to have a great relationship with you so they will try to offer or give you something that will benefit you. Because in return, it will also benefit them. That's how rich people maintain their power, by creating connections where both of you can benefit from each other. On the other hand, if you are nobody, you also have nothing to offer to others so they won't bother making great relationships with you. Aside from Musk and the government, it's happening to a lot of people and businesses as well. That's why social status matters a lot.
hero member
Activity: 616
Merit: 749
On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?

If you have a good track record of success then people will be drawn to investing in your projects. You'll have access to funding that others can't get access to and your business will always receive high praises because you have laboured and made yourself successful in the past. Your business might not be the best in the sector it's operating but you'll always get the most profits.

You can't trust someone that hasn't proven that he can be successful and betting on that individual is more riskier than betting on someone who has carry many companies into multi million companies. But to have this favor, you have to be offering something unique.
sr. member
Activity: 532
Merit: 390
For whoever has, to him more will be given, and he will have I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist?

Well, if you call it a discrepancy then so it is, there's also a saying that the more you have the more you will be given, those people are well know for standards and reputations, they have money and can not run away, which means they are reliable, they are people with an already background check run on them, the world cannot be balanced, there's what we call priority base on the entitlement each person holds, can you be served thesame meat with your governor in an occasion, he will be giving higher priority over you because of the political power he holds.
sr. member
Activity: 1974
Merit: 254
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(...) Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?
not sure if I'm understanding the OP's question correctly about people's interest in something, the issue should be based on multiple perspectives and the fact that the value of the product (which has been and is being recognized) from someone) to compare the scale then I think it's easy to visualize. An example that you mentioned from Elon Musk, and I also know that to have such success, he also had to put in a lot of effort to get results, it is better to compare the process of they do not look at the current results to compare and argue without logic. As for the interest of small corporations or individuals, what is their difference in the competitive economic and technological environment or in many different fields?, I believe a product has a price Development values ​​for people will always be received over time and vice versa.
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