Man's capacity to think

Ayn Rand

Ayn Rand

“Wealth is the product of man’s capacity to think.”
– Ayn Rand, explaining that if you’re poor it’s because you’re stupid and not because the level playing field isn’t.

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One comment on “Man's capacity to think

  1. Dictionarys are cool says:

    Regardless of whether one defines wealth as the sum total of all currency, the M1 money supply, or a broader measure which includes money, securities, and property, the supply of wealth, while limited, is not fixed. Thus, there is room for people to gain wealth without taking from others, and wealth is not necessarily a zero-sum game, though short-term effects and some economic situations may make it appear to be so. Many things can affect the creation and destruction of wealth including size of the work force, production efficiency, available resource endowments, inventions, innovations, and availability of capital.

    However, at any given point in time, there is a limited amount of wealth which exists. That is to say, it is fixed in the short term. People who study short term issues see wealth as a zero-sum game and concentrate on the distribution of wealth, whereas people who study long-term issues see wealth as a non-zero sum game and concentrate on wealth creation. Other people put equal emphasis on both the creation and the distribution of wealth. It has been theorized, for example, by Robert Wright, among others, that society becomes increasingly non-zero-sum as it becomes more complex, specialized, and interdependent.

    One’s attitude towards this issue affects the design of the social or economic system that one prefers.

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