During this time, I was reading financial books, "Poor Dad, Rich Dad" and "Puppy Money". I wanted to watch a movie in the afternoon, so I picked a movie about finance, "Wall Street", which tells the story of a novice stock broker who cooperated with a capital boss and was used by the capital boss. The protagonist has repeatedly recommended himself, and finally won the opportunity to work for the boss. The boss taught him to use illegal means to obtain undisclosed information, and then make money by buying and selling stocks. At the end of the film, violations are discovered and the protagonist faces a lawsuit.
Workers make money from manual labor, cleaners make money from cleaning, and stockbrokers make money by helping others manage stocks. And the big bosses rely on investment to make money, and rely on "money" to make money. A lot of people hate capitalists because they are the big shareholders in companies who make most of the money without doing specific work.
Is it a good thing for them to make money with capital?
I think it is a good thing for ordinary people to learn to make money with capital. Because increased wealth can increase the happiness of ordinary people. Specifically, having money can increase people's self-confidence, money can lead to better education, and psychological research shows that rich people are kinder. When making money, use capital, such as stocks and real estate, to make more money. "Poor Dad, Rich Dad" teaches people to let money work for you. It advocates work smart, that is, making money with capital, not just working hard, making money with your own professional knowledge. And it is said that making money with capital is also a noble job and can increase employment rates.
However, like the capitalists in this film, when you are the richest 1%, maybe the increase in wealth does not promote happiness. The rich are desperate to make money, perhaps out of habit, or in pursuit of fame. They have a lot of capital, and they can make a lot of money with money. Letting them make a lot of money will widen the gap between the rich and the poor.
To sum up, using capital to make money will indeed widen the gap between the rich and the poor, but it is a good thing for ordinary people to use capital to make money and improve their happiness.
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