Most people think people become wealthy because they are lucky, had good fortune, or had some social advantage in life. They believe that everyone is their brother’s keeper and that the ones who are fortunate to have money should share it with the less fortunate. As I see it, we live in a free market society. Everyone has the opportunity to become wealthy if they think like an entrepreneur.
Many successful company founders started with only a few hundred dollars and never had any advantages growing up that led to their success. In fact, many had to overcome great obstacles to achieve their success. While most wealthy people are charitable with their money, they give for the sake of giving because it makes them feel good and not because of any moral code or pressure to do so. In fact, when forced to give, many people object and find ways to shelter their money.
Furthermore, giving people unearned income robs them of the satisfaction they would get from obtaining money through their own achievements. Forced redistribution of wealth not only creates resistance from the wealthy, it creates psychological destruction in the recipient.
What are you going to do to help the less fortunate to think more like entrepreneurs, rather than make them dependent on policies that redistribute wealth?
