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I'm flaunting Tata's & Ambani's wealth!!
by gaida on May 04, 2008 03:36 AM   Permalink | Hide replies

"The shameless way wealth is flaunted is extraordinary"
So every time I whip out my cheap Reliance phone am I flaunting Ambani's wealth? Every time I eat Tata's cheap namak(salt) in front of my guests am I flaunting Tata's wealth? wow! you use some twisted logic there my friend! If a poor brick-layer goes to a movie with his family is he flaunting his wealth... NO! he is just reaping the rewards of for his hard work, initiative and for obeying the law. The same goes for rich businessmen too... Money represents your hard work, brains, risk-taking and ultimately the reward for how much people value what you produce... Get your morals, your logic and your economics straight before you write a book..(I think you got one part of your economics straight... the part where you become rich by selling this book)

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  RE:I'm flaunting Tata's & Ambani's wealth!!
by gaida on May 04, 2008 04:13 AM   Permalink
My point is: The first impression that a poor man gets about a rich man driving a luxury car is wrong... the poor man sees that he is unable to buy what he needs whereas a rich man can easily afford life's necessities and more. The way to earn more money is for the poor man to show some initiative to upgrade his skills & actively seek opportunities and for society to enable (mind you: not "guarantee" but "enable") his social mobility in the form of easy access to credit(so he can borrow to learn new skills) & easy access to information(non-profits disseminating information about work opportunities). My irritation with this author and other such socialist writers is that they never talk about how the poor man also has to display initiative. The poor man reads such writings and comes to the WRONG conclusion that his hard work and initiative will be worth nothing as he will always face invisible barriers to his economic progress. Let's talk about those barriers if they are real and let the poor man meet us mid-way by showing some initiative. Blind sympathy for the poor man is what got Russia into trouble when unscrupulous muscle-men took over the Communist party from idealistic do-gooders.

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