sanitation@lemmy.radio to politics @lemmy.world · 7 days agoAOC: You can’t ‘earn’ a billion dollarswww.usatoday.comexternal-linkmessage-square131linkfedilinkarrow-up1830arrow-down16
arrow-up1824arrow-down1external-linkAOC: You can’t ‘earn’ a billion dollarswww.usatoday.comsanitation@lemmy.radio to politics @lemmy.world · 7 days agomessage-square131linkfedilink
minus-squarevimmiewimmie@slrpnk.netlinkfedilinkarrow-up1·7 days agoTrying to understand this type of concept, as economics is not a super strong topic of mine, and I hear or see this type of phrasing sometimes; “creating wealth” “wealth creation”. How do you define how someone creates wealth?
minus-squareberno@lemmy.worldlinkfedilinkarrow-up1·7 days agoProvide a good or service and sell it in the market for a profit. Sell your labor. Sell your art. Anything. Sky is the limit.
minus-squarevimmiewimmie@slrpnk.netlinkfedilinkarrow-up1·7 days agoOh… Uh, what’s the wealth in those situations?
Trying to understand this type of concept, as economics is not a super strong topic of mine, and I hear or see this type of phrasing sometimes; “creating wealth” “wealth creation”.
How do you define how someone creates wealth?
Provide a good or service and sell it in the market for a profit. Sell your labor. Sell your art. Anything. Sky is the limit.
Oh… Uh, what’s the wealth in those situations?