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Wed, 23 Aug 2023 Feature Article

Richness for all?

Richness for all?

Karl Marx in his book "The Capital" thought about the fair share of wealth and productivity of companies and nations. The Illuminati and their supporters share this belief as much as left-wing parties in developed countries.

Not any populistic voice has put forward a formula to determine the terms of Super Rich, Rich, Wealthy, or fair minimum income and assets. Is it the national GDP, International GDP, companies' growth and profit rate, the status of the economy due to poor or good politics, pandemic, or a drop in economic progress like civil war or coups, etc. that must be the guiding line?

Governments and nations have no money or assets but their stakeholders have the citizens of today, the past, and tomorrow. Their ideas along with hard work determined to overcome any challenges along the way making economies work from level to level.

Each society depends on a different mentality of people that want to live their lives. Some want to spend more time with their families and work less, others want to be public workers not because a calling for it is on their heads but rather because the state is a guarantor for a safe monthly income and a good pension, others discover at a later stage in life their desire and talent to venture into business while others financial breakthrough is intended to come late in life.

Creating ideas and inventing products and services generate personal financial progress and jobs for others that see life through different glasses and expectations. All mighty conglomerates started off as a small venture by mostly not academics with high expectations, fire in the soul, and heart, total dedication, and commitment willing to fail below the status of the lowest public workers.

While highly-paid CEOs and even workers fail they walk out of a company with financial compensation or unemployment benefits ready for the next assignments. Entrepreneurs can lose all their assets, houses, and cars with debts on their shoulders and a life dream scattered in ruins. These are the same people able to create jobs not public workers like postmen or garbage collectors.

The idea is sweet for all to be rich and others to be richer. Richness is not a value in itself but a responsibility to serve others well. When the father wants to enjoy family life over creating jobs for others by sharing national assets a rich man his money will benefit his family only not the community.

The wealth of this world is not endless is only uncovered and explored by time and effort. Which side and slice of the cake is for whom must be decided by each society in its own settings of time and history, values as well as possibilities. An open and transparent society that gives talents a chance to grow stands over a caste or tribalistic system.

The fight inside society over wealth sharing is constant throughout history and beyond. Not reflected statements to please the many are not helpful rather the answer to how best private fortune can be brought to best use for the society and individuals.

Karl-Heinz Heerde
Karl-Heinz Heerde, © 2023

PD Dipl.-Pol. Karl-Heinz Heerde (Political Scientist and Historian, Hamburg University 1980-1985), married to Alberta Heerde born Mensah, Ashanti from Kumasi with Ewe roots from Volta Region, Ghana, Entrepreneur and Author of several novels, the new constitution draft for Ghana and various Articles.Column: Karl-Heinz Heerde

Disclaimer: "The views expressed in this article are the author’s own and do not necessarily reflect ModernGhana official position. ModernGhana will not be responsible or liable for any inaccurate or incorrect statements in the contributions or columns here." Follow our WhatsApp channel for meaningful stories picked for your day.

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