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Philosophy

rhett o rick

(55,981 posts) Sat Mar 16, 2013, 12:19 PM Mar 2013

What is wealth? [View all]

I know that Adam Smith said that wealth is, "the annual produce of the land and labour of the society." So if wealth is the "produce" then according to Smith it is material. So theoretically all the wealth in the world should be represented by material. I doubt this is true. I believe the wealth of the world is highly inflated. If so to what advantage. Sorry, it's early and I am just rambling.

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What is wealth? [View all] rhett o rick Mar 2013 OP

Of course Smith was speaking of material wealth to start with. malthaussen Mar 2013 #1

What makes wealth fluctate? When commodities traders bid the "value" of something rhett o rick Mar 2013 #2

to me - Tuesday Afternoon Mar 2013 #3

By "comfortable in my own skin"... discntnt_irny_srcsm Mar 2013 #5

it is that and more. I am comfortable with who I am and my surroundings. I am at peace and do not Tuesday Afternoon Mar 2013 #6

That's a good thing. discntnt_irny_srcsm Mar 2013 #7

I think so. With that and, my good health I feel like I am very wealthy. Tuesday Afternoon Mar 2013 #8

You are indeed. discntnt_irny_srcsm Mar 2013 #9

Wealth is... discntnt_irny_srcsm Mar 2013 #4