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Originally Posted by Ustwo
One thing I've been trying to educate myself in is economics and wealth generation. I've come to realize just how little I knew about it, understood it, and that I was taught nothing about it in school. Even most MBA's seem to know nothing about it and they are basically bean counters. Those that do understand it become the reviled 'rich'.
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I agree. Unfortunately many of those who do understand how to play the game seem to also know how to take advantage of the system and who to payoff in order to increase their wealth. I don't doubt that there are many ecomomically smart wealthy people. I also don't doubt that many of them use this knowledge to vastly increase their wealth through corruption.
One can only hope that at least a few of these guys would be satisfied with their millions and want to run for national office and try to do the right thing instead of continuing to play the game they know so well. I think many are so caught up in creating more wealth for themselves that they cannot help themslves from using their knowledge and connections to rig the system. How do you know which ones we can trust when so many seem to be playing the game to increase their wealth at anyone/everyone elses expense?
I imagine Diogenes in search for an honest man would be hard pressed to find more than a few among our wealthy and politically elite.