i do not know if the following adage sounds familiar...."So what
if we have lots of money but losing our health and happiness?"
of course we are not saying one should be a couch potato waiting
to be fried...
but a balanced approach with economics of care injected in
capitalism is the optimal outcome....we should still sustain in the
race...but not necessary be first in everything..
but we should all be forewarned of the dangers of communism...it
has and will never work in competitive globalized
economies...
For those who want the government to provide all their needs
should go for communism.
It is unfortunate that there is money floating around, the
majority of belong to salaried workers, who don't know how to catch
these money. There are people with wealth accumulating acumen and
people without. Those without are berating themselves as victims
and blaming the government. They are free to choose their course of
action. They are free to do what they want for themselves. But they
choose to take it easy and before they know it they lag behind in
accumulating wealth. And they want the government to make good for
their shortcummings. Enterprising people know how to draw money
into their coffers. And it seems one in five Singaporeans know how,
and of the remaining four, at least one would be gaining
experience. And of the remaining three one would be stagnant, and
one just below that and the last one even lower. So as it turns
out, the one in five would be as rich they can, and one in five
wants to make everyone equally poor.
When you see the people moving about in MRTs, buses, taxis,
walking, see them as they are going about, to part with their money
somehow. Eat, buy gadgets, provisions, needs, entertainment etc..
They are going to spend money. Each spend a little, and the
thousands of people would have spend millions, this millions goes
to thousands of enterpreneurs, and then it goes to their workers
and themselves. Money is circulated. If the same money is
circulated without the pool increasing, There would be a deficit.
As consumables would be expended and the same money would be buying
less and less. There must be growth in wealth, so that people keep
on spending, as they keep spending the shops, the
enterprises, and services survive.
It is a vicious cycle, and the cycle can either be ever widening
(increase wealth) or shrinking ( getting poorer and poorer).
It is up to the individual to be responsible for himself, or let
the state take care of him. For the later, North Korea would be a
good country, provided he behaves according to state
dictates.
