[FRIAM] What is Wealth for?

[Robert J. Cordingley]

Steve

If you are taking a poll...

For starters on what wealth might mean economically, it might be useful 
to understand the cost of living and purchasing power by country 
<https://www.worlddata.info/cost-of-living.php>.  Is 'wealthy' some 
factor based on a ratio of income over cost of living?

I don't know how you would measure cultural wealth and how colonialism 
played a part in its accumulation via subjugation. There must be other 
categories of wealth; spiritual wealth, artistic wealth, land ownership, 
public wealth, private wealth, etc.. How would native Americans and 
other indigenous population discuss the concept?

At the excessive levels of the ultra-rich (Besos and co), wealth is for 
giving away for perhaps some altruistic purpose. Cynically, some might 
see this as a way for making amends for all the transgressions committed 
on the way?

More commonly wealth is accumulated to help the next generation in one's 
family regardless of culture and purchasing power?

Robert C.

On 3/12/21 7:24 PM, Merle Lefkoff wrote:
> Can we please start with how we define "wealth."  Please.
>
> On Fri, Mar 12, 2021 at 12:31 PM Steve Smith <sasmyth at swcp.com 
> <mailto:sasmyth at swcp.com>> wrote:
>
>     Tangenting off of the Great Man discussion, I would like to solicit a
>     discussion on  "What is Wealth for".  I believe we have attended
>     to this
>     on the side many times (I remember a vFriam where it was declared that
>     "Billionaires are Assholes, but Millionaires aren't (necessarily)"?
>
>     Each of our Great (Wo)Men on the snark/not-snark list share one
>     thing in
>     common, Wealth.   I'd be interested to hear others riff a little
>     more on
>     their taxonomies of "what is Wealth for?"
>
>     - Steve
>
>
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> -- 
> Merle Lefkoff, Ph.D.
> Center for Emergent Diplomacy
> emergentdiplomacy.org <http://emergentdiplomacy.org>
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