Wealth is not a “collective resource” to be distributed by some totalitarian or his cronies, but is produced by individuals. Wealth is the product of the individual mind. Wealth is the result of man’s ability to think applied to the sphere of production and trade. Wealth belongs to the individual who produced it. It is not an amorphous public good to be distributed by looters for the aid of moochers.
- Doesn’t capitalism distribute wealth unfairly?
- Whom does our “nation’s wealth” belong to?
- What is money?
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