What is Wealth?
Wealth is also relative in that it is a of matter how much more or how much less one has than other people, because that determines if you fall in the upper, middle, or lower income class. The class system structure by its definition is relative. For example, if the top 1% of earners earned one-hundred thousand dollars a year, that would be meaningless on its own. But if the ninety-nine percent of earners below the top 1% earned an average of five-hundred dollars a year, that would mean the top 1% of income earners, earns 200 times more income per year than that of the average earner. However, if the top 1% average income remained one-hundred thousand per year, and the average income of the 99% of people below the top 1% earned an average of forty-thousand dollars a year, that would mean that the top 1% of earners would only earn 2.5 times more income per year than the average income earner.
So with the same income for the top 1%, there is a dramatic difference in inequality if the rest of the people who earn income earn higher on average relative to the top 1% of earners.
The above example shows that a person can vary between growing 2.5 times more wealthy on average than all persons, or they can grow more wealthy by 200 times more a year if the average earner’s income is minimized enough. This is to say that the very poor create the very rich, and the very rich create the very poor.
The relativity is important, because if this is what is happening as a result of the wealthiest people on earth accumulating more and more wealth, then that accumulation of wealth has no reason or benefit to the vast majority of people in the world. Again, the majority who are relatively poor do not benefit if the top earners in the world are concentrating wealth, because the concentration of wealth is nothing more than relative advantage over other human beings.
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