Wealth Is Held By Individuals
Posted By Alan Partis on January 24, 2009
Virtually all wealth/money in our society belongs to individuals. In other words, the source of funding for virtually everything is ultimately the consumer.
Individuals have wealth, some have large amounts of it. Some corporations have wealth as well, but corporations are, in turn, owned by individuals. Governments often have much wealth as well, but American governments are owned by the people so, again, it is owned by individuals.
Large wealthy private universities are the only exceptions I can think of.
Just a boy from small-town western New York (Batavia) with strong convictions and a desire to express my opinions. I'm married and have a daughter with whom I am taking great pains to brainwash into my way of thinking (so far with great success).
Though I am a software engineer by day, I read a great deal about current events, history, and economics and philosophy. I'm certain that many of my former teachers will be pleasantly surprised to hear this. I've grown very interested in trying to help educate others about the liberty guaranteed to us in the United States Constitution and the economic theories on which this Country was founded.
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