{"id":2948,"date":"2010-10-06T21:25:48","date_gmt":"2010-10-06T21:25:48","guid":{"rendered":"http:\/\/theredphoenix.wordpress.com\/?p=2948"},"modified":"2010-10-06T21:25:48","modified_gmt":"2010-10-06T21:25:48","slug":"do-the-wealthy-deserve-their-wealth","status":"publish","type":"post","link":"https:\/\/redphoenix.news\/es\/2010\/10\/do-the-wealthy-deserve-their-wealth\/","title":{"rendered":"Do the Wealthy Deserve Their\u00a0Wealth?"},"content":{"rendered":"<p style=\"text-align:left;\"><a href=\"https:\/\/i0.wp.com\/redphoenixnews.com\/wp-content\/uploads\/2010\/10\/wealth.jpg\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-2949\" title=\"Stacks of Gold Coins\" src=\"https:\/\/i0.wp.com\/redphoenixnews.com\/wp-content\/uploads\/2010\/10\/wealth.jpg?resize=307%2C389\" alt=\"\" width=\"307\" height=\"389\" srcset=\"https:\/\/i0.wp.com\/redphoenix.news\/wp-content\/uploads\/2010\/10\/wealth.jpg?w=379&amp;ssl=1 379w, https:\/\/i0.wp.com\/redphoenix.news\/wp-content\/uploads\/2010\/10\/wealth.jpg?resize=237%2C300&amp;ssl=1 237w\" sizes=\"auto, (max-width: 307px) 100vw, 307px\" \/><\/a><span style=\"color:#000000;\">The main reasons for acquiring wealth in the capitalist system can be summed up as the following:<\/span><\/p>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<ul><span style=\"color:#000000;\"> <\/span>&nbsp;<\/p>\n<li><span style=\"color:#000000;\">Inheritance<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Luck<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Knowing      the right people<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Less-than-legal activity<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">State      aid<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Gambling      with stocks<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Exploiting      their niche in the market<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Self-employment;      having private access to the means of production<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Illegitimate      jobs (e.g. Glenn Beck, heiress, celebrity, etc.)<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Born      into wealth<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Serving      the bourgeoisie\u2019s interests as a puppet<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Corporate      welfare<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Drug      market<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Bourgeois      parasitism<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Windfall      gains and windfall profits<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Imperialismo<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Socialism      for the rich, capitalism for the poor<\/span><\/li>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<li><span style=\"color:#000000;\">Exploitation<\/span><\/li>\n<\/ul>\n<p><span style=\"color:#000000;\">Between 50% to 70% of wealth is inherited, according to Lester Thurow (1). <\/span><span style=\"color:#000000;\">United for a Fair Economy studied the Forbes 400 List and discovered 42% were born with enough money to put them on the list, and 27% were born with slightly more \u201caverage\u201d amounts of wealth than the other percentage of those on the list (2).<\/span><\/p>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<p><span style=\"color:#000000;\">If someone has a greater amount of money than the average working member of society, they can invest their wealth into acquiring more. These people are able to sustain themselves by having workers sell themselves as commodities in order to produce for them. The workers do not retain access to the means of production, do not often have a democratic working environment and are robbed of surplus value that is produced by them and that rightfully belongs to them; it is in this way profits in capitalism are a form of exploitation. Even those who \u201cworked\u201d for their wealth often end up in the same place of idleness and spend most of their time attempting to keep up with the Joneses and expand their obscene assets to even greater imperial heights. Essentially, the rich get richer and the poor get poorer; the rich make wars and the working class are the ones who pay for the results.<span style=\"color:#000000;\"> Critics claim socialism would make people lazy when capitalism however creates situations in which the goal is to become wealthy so as never to work and only to exploit.<\/span><span style=\"color:#000000;\"> <\/span><\/span><\/p>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<p><span style=\"color:#000000;\">There shall be no wealthy bourgeoisie in socialist society because profits are put straight into the hands of the people. Marxist-Leninists do not claim all those with wealth are evil, but we do claim that none of them truly \u201cdeserve\u201d their wealth or make good use of their wealth, and that there is no \u201cright\u201d to exploitation or private ownership of the means of producing the essential goods of life.<\/span><\/p>\n<p><strong><span style=\"color:#000000;\">Works Cited:<\/span><\/strong><\/p>\n<p><span style=\"color:#000000;\">1) <\/span><a href=\"http:\/\/mlncn.com\/lib\/rev\/generatinginequality\/index.html\"><span style=\"color:#000000;\">http:\/\/mlncn.com\/lib\/rev\/generatinginequality\/index.html<\/span><\/a><\/p>\n<p><span style=\"color:#000000;\"> <\/span><\/p>\n<p><span style=\"color:#000000;\">2) <\/span><a href=\"http:\/\/www.faireconomy.org\/press_room\/1997\/born_on_third_base_sources_of_wealth_of_1997_forbes_400\"><span style=\"color:#000000;\">http:\/\/www.faireconomy.org\/press_room\/1997\/born_on_third_base_sources_of_wealth_of_1997_forbes_400<\/span><\/a><\/p>\n<p><span style=\"color:#000000;\"> <\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>The main reasons for acquiring wealth in the capitalist system can be summed up as the following: &nbsp; Inheritance Luck Knowing the right people Less-than-legal..<\/p>","protected":false},"author":1,"featured_media":2949,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[181,92,97],"tags":[347],"class_list":["post-2948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-labor","category-theory","category-us-news","tag-workers-struggle"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/redphoenix.news\/wp-content\/uploads\/2010\/10\/wealth.jpg?fit=379%2C480&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts\/2948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/comments?post=2948"}],"version-history":[{"count":0,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts\/2948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/media\/2949"}],"wp:attachment":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/media?parent=2948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/categories?post=2948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/tags?post=2948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}