So did you hear about the two antique dealers who got washed up on a desert island with a chippendale cabinet, They got very rich over the years selling it back and forward to each other over and over, making a profit on each deal they did.
Last night my wife and I were invited out to dinner with a few old friends - of course I really didn't want to go, being the miserable unsociable git that I have become over the last 50 or so years on the planet, but actually I really enjoyed the whole evening. I do have to be a little careful at events like this cos I have this thing where if I drink too much wine I get very loud, and start to say a few things without thinking too much about the consequences. See normally I am a very quiet guy who considers his words and weighs up exactly what each situation can take in the way of humour, politics, religion or whatever. There are only a few people who really ever hear what I truly think about things - I've got few enough friends as it is.
Anyway, one interesting discussion centred around my inability to understand how wealth is created. I have thought about this for a long time (like for years), even to the point where I have actively sought out and questioned people who call themselves economists, but to date I still don't understand how it happens. It could just be that I am simply not smart enough to get this I guess.
But thinking about those two guys with the Chippendale cabinet - that is kind of the situation we are in isn't it. We have these resources that we buy and sell, and wealth gets created, but I just can't understand where it comes from. See if someone in our local hippy town comes up with some new fad, like emotional whatever techniques, and some other guy goes and buys it for £60 an hour, he's got to get that £60 from somewhere, so he has to sell something he does to get his money, but those people that buy whatever he is selling have to sell something themselves to get their money, and so on and so on. So the original guys new idea is creating wealth, but that money to buy it off him has to come from somewhere. So I reckon someone somewhere has to be losing out badly. Wealth can't come from nowhere. My hunch is it coming from explotitation of the third world - I bet the profit is coming from exploitation of labour, just like Karl Marx said all those years ago.
Just tell me if I'm wrong, one of you clever fuckers out there.