You cannot multiply wealth by dividing it

A friend sent me an email quoting the statements by Adrain Rogers in 1931, a pastor in the American South. Although I do not share his rightist and conservatives views, the following statements are pertinent to the situation in our country and has a lot of common sense in them:

You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

What one person receives without working for, another person must work for without receiving.

The government cannot give to anybody anything that the government does not first take from somebody else. 

When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation.

You cannot multiply wealth by dividing it

 

 

 

10 Comments (+add yours?)

  1. Federico
    Jul 21, 2009 @ 14:14:04

    what do you mean with multiply? i think than there is enough wealth in the world, and so on, in each conuntry to give everybody a good life. The matter, is that is obviously not well distributed.
    A wrong idea of progress rules the thoughts of a lot of people around the world: “cience, within progres will make people live better” or “developing teconology, the world is gonna be a better place”
    i think seriously, these are missconceptions of what teconology is abuot. If to produce some thing the cost of human work, natural resources and etc etc is not equally calculated and distributed, then, we can get a 42 inches tv at home, while, to say, 42 km from home, a children doesnt have anything to eat. So .. do we really need to use the resources and tecnology to give some an excellent life just because tey can, while al lot of people gets a miserable life, without asking the origins and power relationships that creates this tecnology and progress we have?

    maybe you cannot multiply wealth by just dividing it, but, if you redistritbute it, new ways of production will born, creating jobs, industries, and giving al lot of people a way to earn they bread every day.

    cheers from argentina !

    Like

  2. Dr Hsu
    Jul 21, 2009 @ 14:23:58

    Federico,

    Maybe you do not know about the situation in Malaysia.
    In Malaysia, we may reach a stage that this statement becomes true:

    “”When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation.””

    We are losing our competitiveness, our progress, because of certain affirmative policies which have weakened the competitiveness of a certain segment of the population. In the end, this segment is going to suffer and that the whole nation is going to suffer too.

    Afirmative action should be based on needs, and not just on race or colour.

    AS to Your idea of redistributing wealth,the communists have tried it and find that it lead to economic stagnation because those who can work does not want to work extra, because they cannot reap the benefits of the extra work. In the end, everyone goes slow and the economy stagnates.

    I am all for taxing the richer and give more aids to the needy, but not a blanket affirmative action that weakens the competitiveness of a whole ethnic group.. That will create problems for the whole country.

    Like

  3. Atila
    Jul 21, 2009 @ 14:57:04

    Dr. Hsu

    I like this article.

    Islam says something else but UMNO has been grooming the Malays mindset past 50years
    into something else.

    UMNO a disgrace!!

    Like

  4. peng
    Jul 21, 2009 @ 15:16:32

    Dr. Hsu,
    The problem sometimes lies in the fact that there is no level playing field in Malaysia. There are those who want to work for money, but denied the opportunity (I mean the struggling class). Then, there are those who work for the money, with all the privileges and opportunities given to them (and I mean the cronies class).
    Those who has little, that little is taken away from them. Those who has much, more is given.
    I think in Malaysia, we can multiply the wealth by dividing those in the cronies class!

    Like

  5. CYC
    Jul 21, 2009 @ 15:49:27

    We need more economist like Dr.Mohd Yunus who founded Grameen Bank that offer micro credits instead of Alan Greenspan. Economics that views everything (man included) as a unit of goods or services simply lacks the human touch element in it. May be i m too naive.

    Always touch your heart before you intend to discriminate someone, and you will never want to to do it. Try it.

    Like

  6. ahoo
    Jul 21, 2009 @ 16:56:13

    In Malaysia, the rich pays more taxes so that the well connected can benefit from it with grants and loans that need not be paid. The govt is giving what they do not have,…. they are borrowing to stimulate the economy and the unborn generation have to carry the burden of debts.

    We have a system that only the elite have multiple incomes (sitting as board of director in many companies) and the wealth of the nation is to be tap by only the ruling regime. Simpleton like us will have to work to our bones in order to have a decent life. What a brilliant way of taking from the nation’s coffer in the guise of NEP.

    Like

  7. Federico
    Jul 21, 2009 @ 23:17:21

    i start reading something about malasia since i found your blog (a year ago), because i wanted to know what youre talking about, then i discovered that maybe the problems that affect the countries are, with some diferences, similar.
    In my country a group of, to say, 200 familys (over a 40 millon population) own the most of the workable land since the begining of our history, (the way of earning this lands was simple: kill the natives, with suport of racists and corrupts governments, and then pay them a sum of money for the land, always so big to prevent other people to acces, but very cheap in real value because it was really big extensions of land)they run what its called agro-exportation model. In fact, it means, export majority of production of meat and grains in dollars, and produce with local costs. The benefits are supreme, and the costs, are very low. Every time in historya that a government tried to make an effort to redistribute their wealth, using extra ordinary taxes or other politics, they take the decision to suport military interrptions of democratic governments, with the all known support of uk and usa (the militars that made that, were trained by the americans).
    The suporters of the agro-exportator model do not want a big industry, or strong governments, because ths will mean stop ruling the country. So they fight against any attempt of real industralisation that affects their interests.
    The problem is much more complex, but i tried to resume it, just to give foundation to my expresions: there is a need, of an agrary reform, to make the farming more diverse, because they just seed what is mor rentable, soil, in detriment of other grains, or to really re-distribute their wealth, (and a im not talking about confiscation,) in a better way. In this conditions, we had inflation, stagflation, stagnation, and every economic desease that yo want to appoint, but, they were all caused because, when they do not want to seed, they make economic speculation. Being a exportation dependent country means when the global demand or the price of grains reduces, the economy is not diverse enough to avoid crisis based on domestic market.
    Its not posible to consider progres when a minoritary group has control over majority of the conutrie´s wealth. Children in argentina, die of stavation, when whe produce food to feed a country 10 times bigger. We cannot concive pogres wiht this satus quo.

    as you say “Afirmative action should be based on needs, and not just on race or colour,” its just the tip of the iceberg, because, just to put it in order: i dont believe that races existis. Racism its a way of giving some people, a number of certain skills that the racists found bad, so they can degrade this people, they can consider themselfs better, and, then, rule this people, denying what the affecteds own by the fact of just being human. Racism was always a mask to social domination, to take away the richnes of some, or to prevent the progres of the poor.

    i am not a comunist, but, judge comunism of a few experiences that were literaly boycotted (economically speaking) by the rest of the occidental world, and ruled in most of cases by dictators who didnt made what they have to do, to be considered real socialists its a simplist analysis.

    Thank you for aswering my post !

    Like

  8. klm
    Jul 21, 2009 @ 23:48:01

    Can you believe this.

    Deputy Housing and Local Government Minister Datuk Seri Lajim Ukin today proposed that the government provide a special financial allocation for local councils to manage public toilets and maintain their cleanliness at all times. MI headline this as “flush” fund. I call this a “slush” fund.

    Is the federal govt taking over public toilets especially in PR states.

    Like

  9. mccann105
    Jul 22, 2009 @ 11:46:15

    th cause is at the source , those lucrative 80, 000 one toilets at some places no water connection, some are inferior products..this is the cause.? how the hell jkpr , jba can approve these and take possession? this minister must be cari makan with kaki waiting to shark ?that is my instant perception.

    Like

  10. tonyboneka
    Jul 23, 2009 @ 12:55:08

    Income gap is widening between countries and within countries.

    After a tipping point, large-scale redistribution will kick off.

    Borrowed (adapted) from Tengku’s words: Our country is really not the issue anymore. The issue is how we are to save our world civilization.

    Like

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