Wealth Without Work

Read Summary
Summary

The article discusses the concept of getting something for nothing, where people manipulate markets and assets to become wealthy without adding value or taking on any risk. This type of behavior is seen in professions that make money without working, not paying taxes, and benefiting from government programs without contributing fairly. The author expresses concern about their children entering speculative enterprises or getting involved in network marketing schemes that promise riches without work. They argue that moving away from natural laws and principles can lead to distorted judgement and rationalized lies. When executives overbuild, borrow, and speculate, they may end up with high debt and have to work hard just to survive. The article emphasizes the importance of staying close to fundamental principles and avoiding excessive debt.

Table of Content

This refers to the practice of getting something for nothing – manipulating markets and assets so you don’t have to work or produce added value, just manipulate people and things. Today there are professions built around making wealth without working, making much money without paying taxes, benefiting from free government programs without carrying a fair share of the financial burdens, and enjoying all the perks of citizenship of country and membership of corporation without assuming any of the risk or responsibility.

How many of the fraudulent schemes that went on in the 1980s, often called the decade of greed, were basically get-rich-quick schemes or speculations promising practitioners, “You don’t even have to work for it”? That is why I would be very concerned if one of my children went into speculative enterprises or if they learned how to make a lot of money fast without having to pay the price by adding value on a day-to-day basis. Some network marketing and pyramidal organizations worry me because many people get rich quick by building a structure under them that feeds them without work. They are rationalized to the hilt; nevertheless the overwhelming emotional motive is often greed: “You can get rich without much work. You may have to work initially, but soon you can have wealth without work.” New social mores and norms are cultivated that cause distortions in their judgement.

This essay could be plagiarized. Get your custom essay
“Dirty Pretty Things” Acts of Desperation: The State of Being Desperate
128 writers

ready to help you now

Get original paper

Without paying upfront

Justice and judgement are inevitably inseparable, suggesting that to the degree you move away from the laws of nature, your judgement will be adversely affected. You get distorted notions. You start telling rational lies to explain why things work or why they don’t. You move away from the law of “the farm” into social / political environments. When we read of organisations in trouble, we often hear the sad confessions of executives who tell of moving away from natural laws and principles for a period of time and begin overbuilding, over borrowing, and over speculating, not really reading the stream or getting objective feedback, just hearing a lot of self-talk internally. Now they have a high debt to pay. They may have to work hard just to survive – without hope of being healthy for five years or more. It’s back to the basics, hand to the plow. And many of these executives, in earlier days, were critical of the conservative founders of the corporations who stayed close to the fundamentals and preferred to stay small and free of debt.

Cite this page

Wealth Without Work. (2017, Jan 26). Retrieved from

https://graduateway.com/wealth-without-work/

Remember! This essay was written by a student

You can get a custom paper by one of our expert writers

Order custom paper Without paying upfront