What The Socialist Left Fails To Grasp About Wealth And Innovation In America – OpEd
==========
The article discusses the importance of billionaires in society and their contributions to wealth and innovation. It highlights the transformative inventions and innovations of entrepreneurs in the 19th and 20th centuries, such as Thomas Edison, Alexander Graham Bell, Andrew Carnegie, and Henry Ford. These individuals became wealthy through their inventions and improved the lives of millions of people. The article argues that entrepreneurs and investors have done more to lift people out of poverty than government redistribution programs. It also emphasizes that billionaires' wealth is tied to the success of their companies and that their taxes fund a substantial portion of the federal government. The article criticizes socialists who want to soak the rich and redistribute their wealth, arguing that it would harm the economy and stifle innovation. It concludes by stating that society should not villainize success and should instead promote freedom to innovate and create wealth.
#Wealth #Innovation #Billionaires #Entrepreneurs #Society #Poverty #GovernmentRedistribution #Taxes
https://www.eurasiareview.com/01072024-what-the-socialist-left-fails-to-grasp-about-wealth-and-innovation-in-america-oped/
Eurasia Review /
npub1wc…jzsfw
2024-07-01 01:04:27
Author Public Key
npub1wc7d8ck45cw5jgdwx6du933w2eqtgpmyvxgk6wtmzdghtpwrx2cqejzsfwPublished at
2024-07-01 01:04:27Event JSON
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"content": "What The Socialist Left Fails To Grasp About Wealth And Innovation In America – OpEd\n==========\n\nThe article discusses the importance of billionaires in society and their contributions to wealth and innovation. It highlights the transformative inventions and innovations of entrepreneurs in the 19th and 20th centuries, such as Thomas Edison, Alexander Graham Bell, Andrew Carnegie, and Henry Ford. These individuals became wealthy through their inventions and improved the lives of millions of people. The article argues that entrepreneurs and investors have done more to lift people out of poverty than government redistribution programs. It also emphasizes that billionaires' wealth is tied to the success of their companies and that their taxes fund a substantial portion of the federal government. The article criticizes socialists who want to soak the rich and redistribute their wealth, arguing that it would harm the economy and stifle innovation. It concludes by stating that society should not villainize success and should instead promote freedom to innovate and create wealth.\n\n#Wealth #Innovation #Billionaires #Entrepreneurs #Society #Poverty #GovernmentRedistribution #Taxes\n\nhttps://www.eurasiareview.com/01072024-what-the-socialist-left-fails-to-grasp-about-wealth-and-innovation-in-america-oped/",
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