Topic: How the rich get richer and why it works (Read 680 times)

The reason why the poor mostly stay poor is because of the wrong attitude to money. For them, money is food, a new iPhone or cool sneakers. For rich people, money is a tool and resource for creating new values ​​and, as a result, increasing their wealth. By the way, not all rich people are successful, there are many examples of bankruptcies, ruin, etc. events. They have a lot to lose. You can't lose something if you have nothing. If you have nothing, you risk nothing. By the way, about the risks - only a fraction of a percent of low-income people plan to RISK and invest or start their own business, this is a fact, and this is the way to a vicious circle - little money> money just folds into a box> money is quickly consumed> again little or no money .. . Yes, I mean those who made their own fortunes and did not inherit

The average billionaire owns a lot of businesses and companies in property and other real estate, so if there are billionaires who store them in the bank it is ridiculous and save without cultivating it.
Elon Musk and Bill Gates, for example, they have many successful businesses and fairly good financial management and the shares that they have established can get the attention of a lot of the world so of course they will become billionaires of all time if they stay with their current position even when the shares increase in profit. there will be many centipedes from before, that is the billionaire who is able to cultivate and create jobs for the community.

This is a one-sided view. Many billionaires are only billionaires because their company shareholdings are worth so much. It's not like they have billions of dollars lying around in their bank account and are hoarding it and don't want to spend it. On the contrary, the money is invested productively and ensures that the economy stays up and that jobs are created. A good example is Elon Musk. He is the richest man in the world, but only because his share in Tesla is very high and at the current valuation it is worth extremely much. If Tesla stock were to drop to $0 tomorrow, Elon Musk would be a poor man.

There is a good quote from Bill Gates: "If you were born poor, it's not your fault. But if you died poor, it's your fault." For rich people, money should always bring money. They work passively for the owners. And on the contrary, a poor person, even having some savings, does not run the risk of putting his money into circulation. He saves and waits for a rainy day, or spends money on entertainment or unnecessary goods.  You need to be able to take risks, invest, and, of course, constantly gain new knowledge, expand your business and education.

They understand the value of wait, and they have enough resources to continue waiting  without having any problem at all.

Knowing what the needs and what are the wants, separating are very important. They are good in dealing with that.

Agree to that! those who do it the right way are very deserving to place at the top and gain respect.

Strategies that's comes from a great mindset, plan everything whatever it is and harvest the sweet success.

"not giving" or "greedy" are the 99% of the reason why they are rich. Now let's say you give me 10 million dollars and tell me to be as ruthless as possible and make as much money as possible without caring about anyone else, even about the laws and I will not be jailed or punished no matter how cruel I will be, there is still a chance that I could fail and bankrupt, you can let me do anything illegal with that money and I would still have a chance to fail.

However there is zero , and I mean this 100% correct ZZZEEEEEEROOOO chance that anyone can be a billionaire without hurting someone else. How? It could be wage theft, it could be overtime charges, it could be minimum wage slave labor, it could be basically anything that makes it hard for them to make it work and that is why it is nearly impossible for these people to actually be ethical, they are all unethical and immoral people that are greedy and that is why they should be regulated a lot more harshly.

Not only those people in the upper class are wiser, they are also much more patient compared to those who belong to the lower class. Not only in terms of waiting for the price or investments to rise but also in preventing themselves from spending too much money on expensive things that are not necessary. Most of the rich people might have been able to cheat their way to success and wealth, but others who were able to make it to the top surely spent their blood and tears with all the hardwork that's why they deserve their position right now. Some rich people might be considered evil considering the fact that they feed on the lower class working people but it could actually be considered as part of their wise strategies.

The way rich gets even richer is because people who belongs into the upper classes are mostly wise men that maximizes all of their resources to be able to make themselves get even richer in a way that they are prioritizing getting themselves to be included into the trend of business and finance wherein they can somehow see an assurance that they will gain for the sake of themselves. It is not always into that general idea of not giving or being greedy that makes them even richer. They were just that wise enough to think of ways on how they can still be able to do something to make the most out of it on their resources. Not all rich men are up into doing bad things or dirty works to be richer but it is the reality that some or might be many are doing such to be able to get richer.

I think there is no big difference between rich people today and rich people in the past. In the past you were usually rich if you are born or married into the Royal family. The wealth was concentrated among a few lucky families, like it is today. And its just not in humans nature go give away all your money to poor people. Somethings never change.

Why do you think rich people should share their wealth with others and change the society? It is not 100% clear why the other person is poor. Is it because he failed at something, or is it because he is lazy, or is it because "his current status suits him" ?

I'm sure that not all rich people are greedy. They share, but some of them dont announce that on public. And it is not always money what they share. They can share also different stuff, knowledge, experience, which is far more valuable than just money.

The reason that I can think of about why these billionaires are doing what they are doing and not giving back to society is because they are greedy, I think that it is the only reason, because if they weren't greedy, they would have already created changes that a lot of people are enjoying.

In simple or shorter explanation they have the privilege to invest in something they want without risking big. They have many sources of income that they can afford to risk a portion of their money to try a new investment. They can afford to pay someone to do it for them or they can enroll to those expensive courses to widen their knowledge about that field. That is the reality that we live in, hard work is not enough to be rich like them.

This is also the reason why there are middle-income or below type of people that are very gullible to some investment schemes which is run by these wealthy people who are taking advantage of it to maintain their status.

That's nothing but pure oppression, I wonder what thoughts come into big billionaires' minds when they sleep. They have so much money that their grandchildren or great great grandchildren won't even have to work for life, but still they try to prevent to give away some of it to the world in form of taxes in hope of being richer. But, they can't expand their stomach can they? To eat additional food after being more rich? Then after having so much money why so much tactics to avoid taxes? I think it's because the quite natural human greed

You may think that you do not have to get involved with politics if you are a rich person but your accountant and other rich people get involved for you instead. Just to give an example Warren Buffet is a guy who has talked about how he should be paying more taxes because he is making a lot of money and he can afford to pay more taxes without taking a big hit. And you know what happened? Even though he didn't get involved with politics, he just let it be and others like amazon and so forth got involved and dropped the federal taxes to zero for most wealthy companies.

This is why even if you are personally not involved with politics as a wealthy person, there is another wealthy person that bribes the politicians to help him and coincidentally you as well. This is why I think if politicians never got richer, just got wages and no other income, no bribes, no nothing, we would be living a lot better.

That is true when you are living in an advance country because you have the means to make your business bloom since there will be different places that will need specific kind of businesses but when you are living in a Third-world country, having a political connection is such a big deal because they can basically create a monopoly type of business in which its price or value to achieve that service is too high. Having connections politically can really be a big deal and it can both be destructive and helpful to the people who might encounter that type of business.

Actually we can see examples of rich people how to manage investments properly even though there is a lot of money, it can be said that the salary is sufficient in one year of life, they will still try the latest in investing because this does push them into habits and indeed if we only try to collect old money will be very difficult, even a lot of doubts occur, but I believe everyone can do that in the sense that if you want to be rich you still work hard because in this case you don't look at anyone except in real.

In a sense, politics makes it possible to gain power, and power is a kind of drug, and many cannot live without it. But politics also gives you the opportunity to preserve and also increase your wealth. It is because of this that all political circles have a strong connection with each other, lobbying for various laws for their environment.

With cryptocurrency you need the ability to invest and leave it to get rewarded. There shouldn't be any timeline expectation for profit. This isn't possible with the common people or the one who live with their daily earnings. This is the reason why rich get richer. Here some exceptions can be seen, who are lucky to get good return out of small investments.

I also doubt that politics would be the key in order to become richer, perhaps this will work in some way but not all the time because for someone to become even richer he must have a ton of income. Like rich people look for more possible ways to multiply their money, they are not just leaving their money sitting in the bank but rather they take the risk and invest it in assets or businesses. Politics would be just a bonus. Besides, if we will notice most rich people not only own a single company but multiple businesses. One more thing that makes them richer, the connections, it is one of the most significant assets that rich people do have.

Its simple, the rich man can invest big amount of money thus they can earn big amount of money in that way, the same how much they're going to invest; that the main reason why they're going richest.

I think that "rich get richer" only because they and their relatives (who showed them examples) have more options to risk or to try new.
If a regular persons lives from one salary to another and manages to save few hundreds (which he will spend on a vacation 1-2 times per year probably). Then rich people can try investing different things and scenarios. If they fail in 9/10 investments, due to the amount invested, this 1/10 success case makes them cover all of their losses imo.

Being rich is not only about politics, business, working hard, or a career, some people get rich because of luck just like those people who get rich because of winning the jackpot prize in gambling but this is not a common way because only a few people are lucky enough to win the mega jackpot. The best and the common ways thatch people a doing to make themselves richer or earn more money is from their business, All of the rich people have their own business and they are all boss on that.
That's true, those rich people are the risk taker because they are not hat too afraid to lose their money, unlike the normal citizens who only earn money enough for their needs.

I believe in genuine richness and politics is not a way to get genuine riches. Politics is usually taking the general public money as your personal to invest or have as yours and this is stealing. Business investment is way to get genuine richness,  politicians are not genuinely rich. Cryptocurrency  is smart investment to be rich in near future.

The reason for these type of constant increases is that big corporations have shares, regular people or even super wealthy people have those shares and in order for a company to be seen as a good one that company needs to actually make a profit, but if it makes profit that means it took money from somewhere else, and there are thousands of companies like this, probably 10k+ amount of companies who are trying to make "more" profit, the aim is not to make a profit, it is about making more, if you make 1 million dollars per month every year for 20 years that is horrible for share prices, because of inflation you have to keep making more and more.

However if they make this much profit constantly and even more later on, where does that money come from? That money comes from you and me, that means those companies get richer and we get poorer, and when there is a crisis because people have nothing left to give to these companies, government prints 2 trillion, give 1 trillion to 400 million people and another 1 trillion to just bunch of companies, basically keeping that horrible cycle continue.

The rich will not afraid of the risk, but they always research for more info before they invest. They know how to diversify their investment and search for other income sources so that they can make more money than other people. No time to stop for them before they can reach one by one of their goals and if they can achieve one goal, they will move on to the other goals and try to work for more to reach the next goals. They will not give up because they know that what they do will give them the chance to make more money.

A lot of rich people are not related to politics, you are wrong on the concept that all rich people or before you get rich you need to go politics first, that is a big mistake. There are so many ways for us to get rich, these rich people that keep on making themselves richer are those who still working or those who earn passive income on which they have the bug business, and they do invest. Business is one of the common and successful ways to get rich even though there is also a risk on it, well we can do nothing if we don't even take a risk.

It really depends if someone wants to escape poverty and achieve being financially stable or rich.

Nobody wants to suffer from poverty so we are all accountable on what financial status we are dealing with for life.

If there's an opportunity to become rich then we should always grab it because if you will not step up, then those rich people are the ones who will become more rich.

The rich are ready to take any risk in an investment to make sure they achieve good result at the end of their investment. Rich people never get tired of their investment because they believe so much on their hand work in every areas of investment. They don't joke with their personal research before carry out any investment in the societies.

Knowledge is also important thing of being rich. We have to use our knowledge in right way to get rich. Obviously luck matters but we have to create the way then it is possible to us. Actually all these are alternatives of each other.

Well, it seems that things in dictatorial countries (like my country) are much easier, you do not have to do all these things in order to preserve your wealth, you simply have the wealth and the politicians have influence and decision and so you can easily share the country, the rich merchant pays the politician to protect him and protect his wealth at the same time The merchant can increase his wealth through this protection !!! Don't you see things here much easier? I advise all antiquarians to live here to preserve their wealth and can increase it if they want easily.

Sometimes being rich is not only about hard work. Sometimes it's pure a luck and destiny. Look how much the story of young man being rich just because they accidentally saved bitcoin in their old computer/hard drive.

The most important thing of being rich is our self appropriate. Are we deserve to be rich? Just take a look at our habits. Also the rich get richer simply because they know how money works and they know how to make their money work for them.

Well you did make some point, especially the point of making people feel hopeless. Seriously some government will do things that will make citizens become hopeless, and this is very bad for the common man. I live in a country where this is a problem, people are starting to lose hope in their leaders and in the country, and when you talk with most of them they will tell you that the country is never going to get better again, and will only continue to be getting worse everyday.

This mindset is very bad, and it’s making some people not to do things that they will do to benefit the country, rather they will prefer to leave the country if they get the opportunity to leave and search for greener pastures. That’s one of the worst things that can happen to a country.

There are many easy ways to increase wealth, but the main problem is that these methods become available only when you overcome a certain threshold It depends on what is considered hard work and what is considered wealth, because different people and even in different regions of a particular country have different ideas about it. Someone means hard physical labor, someone may mean working activities for a duration much longer than the usual working week. You can earn a fortune by hard work and be considered rich by the poor people around you, but I am not sure that you will also count yourself by comparing your fortune with people who are much richer than you.

There are rich people who do not needs to be involved in politics to be able to get rich and richer, its just that most of the rich needs connection to grew their businesses and sometimes politics and avoiding some laws will help them do that. Many rich people do not prefer putting their money in just bank they make business to make more business and to expand and create more opportunities its taking risk whether the business will succeed

For the rich, there are multiple loopholes to avoid paying taxes. And most cases of loan default are done by the ultra-rich and not the poor or the middle-class. Both the left-wing and right-wing political parties are united when it comes to maintaining the status quo as far as the tax loopholes are concerned. The right-wing parties tend to decrease income tax, while the left-wing tend to increase them. But both these groups keep loopholes available to the rich, and in the end the rich will have a tax burden that is proportionately lower than what the middle-class is having.

As you know, money makes new money and this, in particular, explains the fact that the rich are getting richer. People who have money, they have power, and they use their influence and money to play the situation they need in their favor. Yes, this is a game and the rich play it to become even richer. If we talk about the ways to achieve this goal, then it will be just talk and you will never be able to use them to become rich. It takes no rules or luck to get rich, you have to be in the right place at the right time and you will probably just be chosen for it. Unfortunately, I have not yet seen a simple guy like me become rich simply by hard work. But I believe that all the envy is only from us and probably for big money you still need to have the appropriate thinking and then something may work out.

This remembers me of one old saying “The rich gets richer, and the poor gets poorer”.

I’ve learned this during my days as a network marketer who attended so many motivational and financial literacy trainings. The real reason why the rich gets richer, is because they keep continuing to invest on more promising opportunities like stocks, derivatives, crypto, etc., that give them long-term passive income. They have a rich mindset where they focus more on buying assets than liabilities with proper risk management.

On the other hand, the poor gets poorer and I highly agree with this statement. It’s because they have a poor mindset. It always starts with their mindset, and that’s where they are now and might instill that to their future generations. Poor mindset includes spending more on liabilities than assets, not thinking big by being contented in their minimum wages, afraid of taking and managing risks, etc.

That’s what I know about the rich gets richer, and the poor gets poorer. 

In my mother language we say 'money brings money'. The reason is clear, whenever you do have the money you do have the power to earn more money. to give an example if you do have a trading account with 1K bucks capital you will usually 20-25 per trade while if you have 10K account you will earn 200-250 usd profit or even more. If you google 'compound effect' and read the compound effect book from mr.hardy you will understand how the rich people can have more potential by using this technique. In the other hand, the rich man who is doing successful trades for years usually knows how to get some money from the markets because he could find the way and this can be another reason for your toughs.

I use the term "ordinary people" too, but truth is that "ordinary" is not the same on every continent, in all countries... I guess for some "ordinary people" it's not easy to get through the month with all the expenses we have in the modern age! So except for a big difference in capitalization, there is one more thing, "ordinary people" don't have what to invest! If you risk that little you have you can stay without food or monthly rent... for people with families, it's a huge risk, that involves losing a lot more than just money! On the other side, rich people risk just money, and the more money they have the risk will be lower for them, even if they lose some part that will not hurt them in any way!


You are totally right! This world is big, with many souls walking around, and each of them has a different story to tell! In the end, it comes down to who you are talking with, as you said!

Your first statement is right, but not quite precise. I think the best way to describe what the 1% of the society do is that they hoard their riches and diversify them, never liquidating everything in one go. This is why even in great collapses and declines in economy that this world has experienced over the past few centuries, there's still the few people that come at the top, and most of the time these declines ulonly further the divide between the poor and them, making them even more richer.

i think the rich people are individuals who has actually figured out the importance of risk taking; just as it works in trading; the higher your $ invested in a trade; the higher you are going to earn. Also rich people are usually individuals earning from multiple streams of income; with clear discipline as regards luxury and assets.

Rich people would continue to be rich because the ordinary individuals would rather worry about what they can achieve to survive today and not tomorrow.

- Not exactly, ordinary people know what they should do with their money but a big difference in capitalization creates a correlation of returns, I mean, if we have too little money to start with, our big profit target needs to be high while for the rich, a few percent of the return is more than enough, their risk is less, especially, their psychology is quite stable compared to ordinary investors. If we add up the probabilities they can associate and manipulate the market, implicit relationships, it is not surprising that more rich will become richer

They already know how to manage money well, I don't think for those who seen have a lot of money and a lot of asset can be said as a rich man. Because, we don't know their state properly, we don't know that their debt is more than he has now, right?

Different with some people who doesn't have a lot of money and he just has a few asset but he has saving money and routine savings every day or every month even the most important thing is that he does not have debt either to the bank or to other places, I guess that is the real a rich man.

We are often deceived by giving a judge on something that is visible directly to our eyes without knowing what is happening inside. The main focus is a rich man can or able to manage their money properly and he will know what will happen later so as they will make a solution to something that will come.

Rich people know what to do with their money. Simple truth, isnt it? Ordinary people usually dont know how to multiple their capital

I don't agree with majority of your statements. The wealthy people doesn't get richer just because of politics and power. Although yes, it plays a part since connection with different people is involved. However, the rich aren't always involved in politics. In fact, most of them avoid it as much as they can because they know what kind of world it is - chaotic.

The rich people gets richer because of hardwork. Majority of the rich people I know came from nothing. What paved way from them achieving the status they have right now is perseverance and determination. They used their money in investing instead of spending over luxuries things that are just liabilities. Although there are really some rich people (billionaires) that hoard money and were able to acquire such great amount because of unjust treatments, labor malpractices, and giving below the liveable wage value.

It just really depends on who are we talking about. The rich that acquired their wealth by hardwork and perseverance, or the rich that acquired their wealth using evil deeds like stepping onto someone's rigbht.

That is how sheep function, they will follow who is going to feed them. The reason that they get rich is because they keep those that will try to revolt at bay by giving them enough money to feed them and not to become discontent of their situation, not to mention that the enforcers of law are on their side it adds an ease that they can keep their wealth. The tax exemption thing could be destroyed if the people in the seat favor the public more than the rich people.

The law of this world with money manipulating people. But it is not always the case that the richer someone is, the easier it is. A lot depends on how he achieved his wealth. If someone got it as an inheritance, they will not be able to multiply it. Rather, he uses his means and wealth as a tool for manipulation, control or corruption. Unfortunately, money is often the undoing of many people.

I noticed the same in my country, there are very public figures who appear rich and people just believe every word he says. I think we as investors need to be careful and check, if he is actually rich and how he got rich. If he has just money because of his public status and not by doing something extraordinary, then we shouldn't take him as a role model. Another thing I noticed is the super rich tend to very secretive.

They can take risks because they have enough money to take the risk, I mean if you know that when you fail with your attempt, you will not have any problem with money then you will still do it. Other reason that the rich get richer is because they exploit the working class by giving them more work hours for little to no wage increase and very debilitating penalty when it comes to work infractions and they have ties with the government so they can get easily what they want because they have connections.

In general perspectives, rich or wealthy individuals has no difference in many cases. What's with their current status is their abilities to use their money to create passive income because if huge quantities, so they could afford to lose bigger. They won't worry about the future because they had plenty.

The rich get richer because they are expose to the societies and they have expansion of knowledge or brain in terms of businesse strategies or risk taking in order to get what them want, that is from my perspective and also from environmental observation within my domain.
So but the process whereby the rich working, that is the practical example of activation of success of a wealthy or rich person, because their is a little differentiation between wealthy and Rich,  shall the difference is not really matters for thus discussion, what matters is engagement of the rich at work in order to bring the image of the industry or any sector of life.

Great analysis, I think it really is how things work. The saddest thing about is - is that nowadays democracy is basically an illusion of choice. And it wouldn't be that way if people weren't that stupid or gullible. There really is a lot of manipulation going on in politics, especially during the voting period and people make the same old mistakes each time!
The problem is that when there is an election and the government is very corrupted - not much will change and it doesn't matter who you vote for. There's aמ established practice, a whole working system in there and several people can't change it.
So the first 25% can't be changed in any way, the rich will root for the rich.
However, the other 25% depends on the people and how well they filter the information that the mass media feeds them. Unfortunately, for now, in many countries people are easily manipulated.

You make a lot of good points but seem to turn it into a political discussion, rather than a financial discussion as the thread title implies. I guess it depends what we are defining as "rich" in this scenario and it will vary a lot by where you live. 1 million dollars in San Francisco might not buy you a lot of property, but it could buy a huge estate in others. Regardless of that, the real driving force between the rich getting richer is how their money generates more money. At a certain point these people will be living off dividends generated by their stock portfolios and if they can live below that amount, the compounding effect on anything reinvested will increase their wealth while they still have cash to live.

This is a very interesting post with a unique perspective and I agree on every point. What many would say that it's unethical, I would say it's very ethical because, the world is full of evil people, and in a democracy, the voice of majority (and since all are evil and selfish) is enforced which means one needs to dodge these majority's voice. But I have a question, why would anyone really have to do all these stuffs? Let the majority decide whom they are gonna vote, and get their leader, and just buy the leader and tell them what laws to make? That works with a much lower budget as well!

It is true, but that does not mean the poor can not invest like the richer. If the poor can save their money, they will get some benefits for doing that even for just small money. Maybe you already heard about the case that the poor have a lot of money going to the bank with that money. That poor man is saving his money day by day from what he did, and after doing that for some time, he can have a lot of money. Maybe that is different from the rich person who can use his money anytime he wants. It will depend on how we can manage our money to see the opportunity to make money.

This very first statement is already wrong. Let's not get into politics

First, "you need to spend money to make money." - I'm quoting this since this statement should be there somewhere on the internet. It means two things: (1) spending for productivity (direct economic result) and (2) spending for purposes (indirect economic result). You can be generous to neighbors, and they will give you protection, help you, etc.

Second, "if you hate rich people, or being rich, you will never be rich." Hate obscure your vision, so you can't learn. You think everything is because of outside/uncontrolled force, but in reality, it's the quality of you as a man that decides. Therefore, the rich (because of business) won't be afraid of fair competition.

But there are these rich politicians, rich supreme leaders, etc., who are basically criminals. The true entrepreneurs afraid of these types of rich people, and they must flee or become one of them to survive.

You also got to have friends in high places, and maintain that friendship for as long as you can in order for it to be beneficial for you. One who is rich can just skip the "being a politician" part and just let these public officials work under their payroll and they'd still be rich. This is what the elites are doing right now and so far it's working since most of them are still on the top. The current societal setup is so bad that most people will accept any job you give them provided that the payment is big fat stacks of cash, that's why these rich will even be richer as time goes since they have the capacity to pay people to do odd jobs for them so they don't have to do it themselves.

While it maybe true that the rich control the world, I cannot really agree that elite institutions purposefully exclude any body from rising to the top. Or that they purposefully train people to work in certain ways. We have enough examples of rags-to-riches in every society of the world.

Most of this is random in my opinion. The rich work very hard to preserve and prolong their wealth. A lot of poor people work hard and, indeed regularly break the glass ceiling to rich places where their earlier generations couldn't. This whole idea of a "game rigged against the common man" is little more than our own way of coping to our relative poverties.

The rich can handle their money properly because they want to make it more their money there are rich who can stable their mindset to earn more and there is some rich that if they had a lot of money they spend to all those things they want even though they didn't need. As you see people are getting rich because they know how it handles and make a double safe their money if they don't need it they didn't spend that's all. We don't need to spend too much money on those things we did not need. It depends on the person at the end of the day.

So basically, what your saying is that the rich have a problem and BTC solves this problem.  


Nice finding out that the blockchain doesn't care about democracy and what a majority of hungry jackals vote for.
I always find it funny how people who claim to be bitcoiners and are saying how bitcoin is such a great thing are always finding fault in the current social order but ignoring that bitcoins do the same and stand for. My keys, my decisions, my money, NOT your business!


Common, let's try it again, I mean it has failed a hundred times in hundred countries already but maybe this time we will be lucky and ocne the planet align we will somehow not end all poor as all others did.

The rich becomes more richer simply because they have the chance to invest whenever they want and earn more profit than those people who doesn't have any money to invest on some good projects and good investments. The rich has the resources they want in order to make them richer the most and  the poor doesn't have the resources to make them rich. That's the wheel of life and the reason why rich get more richer than anyone else.

You might be right about them not making a circulation of their wealth unless it is their circle but the other reason is that they have privileges like they can do tax write offs if they donate some of their money to a charity which we all know are just a fancy hub for making the money not get out of their grasp. And they can also evade their taxes if they want to and they can lobby politicians to create laws that will favor their businesses.

I don't think that distribution of wealth is a likely scenario in western countries. The problem ist that most rich people have their wealth invested in companies all around the world, so taking away ownership of a company or acquiring the company by the government wouldn't work well for a country. All the big companies would instantly switch their headquarters out of the country if there such a high political risk involved. The same goes for the rich families. You could just give back your citizenship and immigrate to Switzerland, or another Tax / Rich friendly country. Or even better, you just buy a super yacht and start living in international waters. Nationalising industries and wealth of rich people is a very dangerous idea that could ruin the whole economy.

No. Here you went to wrong direction, hence I stopped reading.
Many wealthy people don't care about politics.
Many wealthy people don't do politics directly. Instead they have politicians on their payroll - in many cases from multiple parties - politicians that will protect the interests of these wealthy people.

And for the title, it's simple: wealthy people can afford to lose huge amounts of money, hence they can do much more than us.

Your post should be titled "How the oligarchs get richer and why it works."
Do you think that the only way to become rich is to get political power?Money>Power>More money
You seem kinda inspired by Machiavelli.Is this some kind of guide about how to divide and manipulate the people,in order for you to achieve wealth,power and influence?
The rich get richer because they are investing and all their money works for them 24/7.
Also it's way easier to increase your wealth significantly,when you are already rich.

I agree with some of it. However, I don't think the rich are this threatened by the poor. As a matter of fact, I don't think the rich are aggressively or even directly creating or spreading hate, hopelessness, fear, and so on simply for the sake of protecting their wealth against the poor.

If I look around, there is a certain level of freedom amidst hindrances and obstacles. Meaning, a poor person can actually get past all this and become somebody. The rich does not directly hinder this. One could actually rise from being a poor boy and become a CEO of a large company, and become rich himself/herself.

The more heated competition is happening among the rich. The 90% below are all under their payroll.

Imagine being an american paid $20 an hour wage in 2020 with $1 trillion US currency in circulation.

For sake of discussion, let's say the money supply doubles to $2 trillion in circulation. Is your $20 an hour worth the same, or does it devalue as the money supply expands? Imagine decades of inflation and money expansion, with the wages of average workers a flatline over time. I don't think anyone would argue the money supply is always inflating. The question is whether its being distributed evenly or fairly.

This is a topic europe and others have tried to address with inflation adjusted wages. A topic which appears to fly beneath the radar considering the lack of attention it receives. There is always a healthy minimum wage debate in the united states. It doesn't normally amount to more than "give me more money". Which could make progress a difficult thing to achieve.

This is not a conspiracy theory and I not paranoid, this is how the world works. You probably live in your candy mountain full of fluffy sugar clouds. I don´t.

You can simply google "lobby groups" in the USA (or Europe for that matter) to see that this is not only real, it is not even hidden. Ask yourself why it took 50 years to put restrictions on tobacco?

Quite the opposite. You can see here the stats for the USA:

https://econofact.org/voting-and-income

As you can see, there is a direct relation between turnout and income. This is not a coincidence. In fact the money involved in developed countries is such that there is much more interest in manipulation.


No traces, is the whole system at work. News, society, workplace, ethics,... all in place to preserve the few.

I consider your post and analysis to relating to Africa kind of democracy


I consider your post and analysis to relating to Africa kind of democracy because in more developed countries I don't think this happens...
To analysis this again using the African and Nigerian model, this is the reason many people turn politicians because they want to get in there to be able to have influence on policies that will better their businesses. Is a system of distrust basically or some times you can also see such traces in developed economy too.

Politics gives you political power, so having an economic power( that is wealth) , some still strive for political power to protect their businesses because that level is where the control of the economy is. Majorly, politics affects the economy because that is where policies are generated. For example in Nigeria, many business men and women run into politics to gain a kind of protection, at a time in Nigeria , a wealthy Nigerian (name with held) was vying for such aspiration but at the whole of it, he didn't succeed but died at the process which almost saw Nigeria into civil unrest.

Surely the rich get richer by making themselves relevant in power. Even after them, their families want to keep going that way but things are no longer that easy for them.

(image from the internet)

Ok, this applies mostly to democracies but just follow me for a moment... I am going to think as I write

This is very simple - TO KEEP WEALTH YOU JUST HAVE TO AVOID GIVING IT AWAY TO OTHERS

- To have rule a country you need: (a) A way of enforcing power (military, police, judiciary,...) (b) Some form of structure of government (c) Sufficient amount of votes
- In most democracies the military are aligned with democracy in general terms. You throw them some money, keep an eye on what the generals are doing and have someone of trust heading all that.
- In most democracies, and even in most countries I dare to say, you do have some structure of government with public workers, ministers, judges of short,... Sometimes this structure is better, sometimes is not really good, but it is there.

Now, you need the votes. If you are in the 10% of the richest you have a problem: You have something that everyone else would like to take from you. They cannot do this directly because the right to private property / ownership is normally granted and enforced. However, in a democracy, you run the very serious risk of people asking for laws that would force you to distribute wealth. This is the outline strategy on how the rich prevent that from happening:

- You can count on the votes of the 10% that is rich just as you to vote for politicians that will keep it that way.
- You can easily create a "choir" or "court of sycophants" that will play your game. They will be cunning, smart, educated and you will make sure that you will pay them well. You can add another 10% of votes, if not more, on that. Their names are "KMPG", "Bearing Point", "Morgan Stanley", "Goldman Sach" and so many others that work day after day for you and do not want to end. Let´s make this a 15% of the quite well-to-do classes.

How do you get another 25% of convinced voters to ensure that the laws maintain your privileges:

- Hate: You will get another 5% that are simply to angry to vote to "that party who is this and that"... you know, they vote with their guts not with their brains.
- Hopelessness: Discourage poor people from voting. Ensure they think their vote is meaningless or make it meaningless by Gerrymandering or similar, put a difficult process for registering,...
- Mislead: Ensure that they are not educated in alternative ways of thinking:  bitcoin is risky, the communists are taking over, this is the best country in the world, you have to trust the government,...
- Fear: Create an external and internal enemy (e.g. China) and place yourself as only alternative.
- Mislead: Ensure you have a public image of ingenuity and hard work, even if you basically spend your days smoking weed and tweeting.
- Hopelessness: The system cannot be changed. If you do something different it won´t work.
- Fear and disinformation: If you cannot oppose and argument, attack the messenger (AKA ad-hominem).
- Mislead: Be cute, nice, speak well, ... people tend to think positively of shit if shit is presented as food.
- Mislead: Poor are poor out of their choice, or because life is just like that, or because they have made bad choices or... you choose.
- Make sure to include a good number of public media in your "tournee". You will need them for all of the above.

All this costs money, but it is money well spent is it not?