If it were not for the "rich" who own and run businesses, would most of us have jobs?

Question

Aren't the "rich" an integral part of our economy?

Answer 1

Yes, they are a natural bi-product of a capitalist society.

Answer 2

This is why the study of history is important. There have always been rich and powerful people. Probably the caveman with the highest rock was the most powerful. Until the 'industrial revolution' though, most business was sustinence. Farmers grew food and sold it for supplies that were in towns where a shoemaker made shoes and so on. With the advent of factories, people could have more leisure time, live on smaller pieces of property, and depend on someone to supply them with money for the goods they needed like food and shoes. Those industrialists became the rich, and eventually the greedy. There is a difference between someone who owns and operates a company and someone who inherits a company and lives off it's wealth. Those 'entitled' people are the ones that rankle most of us. They don't work; they don't earn a living; they don't respect people who do work; they don't care about the people who keep them in money. Frankly, we could probably do quite well without the 'entitled' old money rich.

However, we still need people who are willing to work hard and build businesses where we can work. The idea that this country could operate on small business is laughable. Very few people could operate a business; it's hard work that just never ends. It's like having a hungry child day in and day out. We're not the same society we were back in the early 1900s and today we do need big business. What we need is for big business to keep us employed and quit sending the work overseas!

Answer 3

Let's classify "rich" and then classify who actually makes the world go round.....because it isn't money that makes the world go round. There are millions of small business entrepeneurs who are not "rich" in the sense that you are speaking of, but instead make a modest income and try to treat their employees with respect and good will. Then you have those who have exploited the American worker for thier labor, began mass production using machinery so that he could hire less employees but still increase the profit margin. You also have those "rich" people in society who have destroyed the mom and pop business (Wal Mart?) to buy in bulk to pass along "savings" to the consumers while still keeping the profit margin in their favor. You have athletic stars and hollywood stars that make ungodly amounts of money only because the general public patronizes the material that they provide. Not exactly sure how many "employees" that these people keep in business but i'm sure there are some. Then we have the music artist and comedians....who also are paid a good chunk of change to provide entertainment to us poor souls who labor 40 hours a week and can barely make ends meet. And now...to make sure that their "rich" status does not deteriorate, these "rich" people who own big business are outsourcing the jobs to foreign countries so that they can line their pockets with even more money while paying the most minimal cost for the labor.

Let's also stop to think of the efforts of our government to "bail out" these same businesses in hopes of keeping the economy viable....corporate welfare if you wish. Yet this same government wants to complain about social welfare which benefits mankind in the humanitarian sense.

Have you ever stop to think how the Indians managed to survive all those centuries here on this land before "business" traveled from across the sea?? Do you think the Indians were "rich"????

And do you simple ignore the teachings of our Lord, Jesus Christ, when he spoke those words to the rich man who wanted to be one of his followers?

It is one thing to be "rich"...monetarily. For me, I would much rather be rich in spirit and love.

Answer 4

Yes, it's an integral part of social economy. Without "rich" ,without business.While workers are an integral part of social economy. At millionairematch, i often heard "rich" told the important rule of workers played.

Answer 5

Yes. I always find it amusing that people blame the rich for all of their problems, however...
1. If the rich decided that they had enough money to retire all as the same time, the WORLD would crumble.
2. Those who HATE the rich, set themselves up for failure because they do not take responsibility for their own choices, and they cannot become rich without hating themselves, so their subconscious would prevent it.

Look at it this way...My "tax cut for the rich" opened a door which allowed me to hire an additional 2 employees with a combined salary of FAR MORE than my tax cut was. Plus, their income taxes, and my increased payroll taxes put more taxes back into the system than my tax cut was. However, without the break to begin with, those two jobs would probably not have been created for 2-3 years, in which time, I will be able to hire more employees due to the revenues brought into the company by these 2.

Was my tax cut a bad thing?

4 welfare recipients must have given me a thumbs down. (THIS WAS A JOKE!)
The reality is that without me, my employees would not have a job...without them and my customers, I would not have a business. Anyone who wants to blame the rich for the problems of the world should read "Who Really Cares" It is very enlightening.

thedesmoines...funny that you think the greed of the wealthy is so wide spread. You read any book written by a wealthy person, and you find a common theme...GIVE BACK! For example, which would have been more greedy...
Say $50,000 income and you could live off $40,000 and you give $10,000 away each year, giving away everything that you do not need.....or
Same $50,000/$40,000 ratio, but you give $5,000 away and invest $5,000 creating a large amount of wealth and getting to the point where the same 10% you have always given is now $100,000 or more and you no longer give 10%, but 20%. Which would you call greedy?

Answer 6

I personally don't believe in supply - side dynamics. That person did not get "rich" himself but because of efforts made by the people he employed, paid, and buying the final product, he or she got rich. Without the last three factors in this equation he or she would not have gotten rich.

Answer 7

I still use a mom and pop convenience store. Yes, I pay a little bit more but I get so much more out of it. People know me and I know them. We greet each other and talk like we are old dear friends. I'll keep giving them my business and hopefully they will survive the onslaught of big business and its shady ways.

I meet all sorts of people there......plumbers, electricians, car mechanics, ac men, accountants, nurses, teachers, maids, etc.

If I need something done I can ask one of them and get it done a lot cheaper than calling a company directly.

I like that. Small time people with personal caring.

Answer 8

I think serf owners used to make the same argument.

There's a difference betwen earning a comfortable living and getting huge, bloated tax credits and golden parachutes while ordinary people can't even pay the mortgage.

When the rich get too rich, there is always a correction. It's called revolution.

Answer 9

Very true. The manufacturers that I purchase from are much wealthier than I am, the people who work for me have less money than I have (although the difference isn't very significant), and the customers pay us with the income that they've made under similar circumstances.

That's what makes the world go 'round!

Answer 10

You are correct, sir. "Punishing" the rich by raising their taxes are really going to hit the middle class worse than it will the rich. Do liberals think that the rich business owners are just going to pay it and decrease their profits? No, they will pass those costs on to the consumers.

Answer 11

Without your labor how's he/she going to run that business, two way street I'm really quite sick of the way workers are fawning all over business and I own onenow but I grew up in a UAW house and I know the value of the American worker that's why all my employees make at least 15% above my states median income range, everyone of them is damn well worth it