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Topic: For whoever has, to him more will be given, and he will have abundance - page 3. (Read 369 times)

sr. member
Activity: 840
Merit: 377
Actually you look at all of that and compare it from the point of view of different conditions. Why do I say that. That's because almost all business people, and entrepreneurs who are already successful now, not a few have a dark past. But they didn't give up and kept fighting until finally they succeeded in achieving all their dreams. So what you mean is that those who only have a little capital tend not to be looked at by people or the government. Because the government or the general public must have seen the evidence first. It was only after that that a sense of trust emerged among the people and reached the government.

And when viewed from an economic perspective, there will definitely be a significant difference from what is called venture capital. So it is certain that those who have small capital will not develop as fast as those who have large capital. But do not rule out, even those who only have small capital will be able to develop quickly. Because you do not forget other factors besides money. Such as innovation, inspiration, fighting mentality, and totality in doing his job.
Ucy
sr. member
Activity: 2674
Merit: 403
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That part of the scripture is actually about becoming profitable with the gift our CREATOR has given you. Better still, using the talents, knowledge or resources that have been given you to produce goods things for the benefit of society.

If You are not productive with the gifts they will be taken away. If you are productive more will be given.



Not a good idea to use the quote for the culture or standard of the world. Don't forget it's a dead world that can hardly produce any good thing or do good.. They need the true light to see and do right.
The quote is meant for the Israelites or Christains.



* The World's culture isn't really fair. Small businesses that use their gift well will likely not get more gift unlike in the Kingdom of Light. They get more blessings or gifts as they continue to do right and grow
hero member
Activity: 686
Merit: 987
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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
Elon Musk is doing a job that the government should be doing. Historically it is the government that finances capital-intensive exploration or scientific research. The first American space adventure Project Mercury in 1958 was sponsored by the US government. But as entrepreneurs keep making advancements in technology, the government will always want to support them because it will benefit the country. The US wants to ensure that this project becomes a US brand and it will become a project that promotes national pride. Also , the government wants to secure these inventions to restrict these entrepreneurs from selling the idea or partnering with competing nations. Another reason is that these billionaires have the money to engage in partnership funding. The government might not want to totally fund a project so they like working with people that can afford to provide part of the project or investment cost.
legendary
Activity: 1372
Merit: 2017
This discrepancy isn't biblical. This probably isn't what the holy scriptures meant. The reality is that this is all about power and influence, not about whatever spiritual force there is in the world.

I agree but apart from power and influence, governments provide facilities and tax incentives to those who create jobs and generate economic activity. This is very good for governments because then they collect taxes, which they like so much.

So let's not think that the tax incentives given to Musk are given altruistically or because of the power he has. It is by giving those tax incentives that the government also ends up collecting, in the form of income tax from the employees of his companies, or VAT from the Teslas sold and things like that. Also, if Musk innovates with SpaceX, the government is spared from doing so.
hero member
Activity: 742
Merit: 633
Because of capitalism society, this make most of people only want to follow and get close with a rich person. Ask yourself, if you have two friends and both of them are have a same characteristic, nice and want to help you, but the one is rich and another one is poor, which one you will choose? no doubt you will choose the rich because he can pay your foods, give an expensive gift for you etc.

The government get a benefit from rich people, they can earn more money through tax and get fame. Unlike poor people who're only asking money and not giving anything back for the government.
legendary
Activity: 2576
Merit: 1860
This discrepancy isn't biblical. This probably isn't what the holy scriptures meant. The reality is that this is all about power and influence, not about whatever spiritual force there is in the world.

In my country, huge corporations are getting billions and billions of loans. It is very easy for them to borrow from both government and commercial banks, receive grants, even tax incentives and exemptions, and other special treatments. On the other hand, what are called MSMEs or Micro, Small, and Medium Enterprises are barely breathing. It's always a battle of survival for these small businesses. They're being preyed upon, abused, by lending sharks.

The reason? Far from biblical. It's as worldly as the lack of powerful connections and influence and grease money. They can't afford to donate millions during elections. They can't afford to give sports cars and whatnot as gifts. They can't call the president of the largest bank in the country.
legendary
Activity: 3542
Merit: 1352
Maybe, just maybe, because the government believes they can utilize Musk's businesses to a certain extent. That's why they are supporting his businesses when he needs funding. Also, they know that Musk can generally get the money somewhere else through his assets so they can basically just give him whatever he wishes and it'll be at his doorstep when he wants to. There are a lot of perks when your business is literally a multi-billion dollar one with technologies that the government might be interested on. Also, these businesses failing might also translate to a lot of economic damage, so instead of letting it fail, the government can just go ahead and spend a little here and there to save it.
hero member
Activity: 1554
Merit: 880
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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.
Simply because the government benefits a lot from that kind of business. They get tax and they can get discounts from such business and they needed the spacex for their space projects, no more no less.
Your example of businesses cannot be compared to other "small businesses". If you are talking to SMEs, i dont know if US have that kind of sellers, but they are lot of them here which is probably government helps them provide anything they can, smaller tax, promotions, and place to sell, sometimes cash assistance as well. So you can't say government doesn't help smaller business, not unless its not registered and business owner didn't approach the government to ask for assistance.
hero member
Activity: 658
Merit: 562
Elon is a wealthy business man and will attract the government and politicians to him because everyone is looking for a way to either benefit from him or to use his influence to carry out their good or evil plans. The holy book will not mislead us and I believe that for every one penny that you give out from your heart,you will never lack it. On the other hand the government might be doing all these to encourage Elon in his generosity.
hero member
Activity: 1260
Merit: 765
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The point is how much percentage in the Musk/space x wealth is owned by politicians who hide under the capitalist to start the stolen money, I am not accusing Musk of that but that is the regular practice in most countries around the world, capitalists are just figuring head since the government people are not allowed to own some level of properties or businesses, they hide under big companies or businessmen to invest under known companies with fake names to avoid traces.

So bro there are many sides to the story of all the fairytales of being rich and influential, it's a political game, where. The rich get richer and the poor get poorer.
sr. member
Activity: 728
Merit: 444
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
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