Hello friends. Hope your week has been awesome ❤️.
Wealth is something that has never been satisfying no matter how much we make or have because the law of “wants” in economic says it. “The human wants are insatiable “ economic simple defined it, so how can you then cap the earnings of man?
We keep designing and wanting even though many in the upper group has gotten enough. Although riches are what we can not determine how it will come but many are lucky and had the opportunity off making early in life while some will struggle to make it later at the aging period.. All these is by grace not of how hard we have worked.
Maximum earnings is something that can never be capped because its going to be a huge responsibility to keep up with . Why? Many who has an already established businesses and assets will never want to stop earning because human wants are insatiable. They will protest on this while saying its by their power they are working and earning, and will there for refuse any proposal on this take while also refusing to declare their assets if asked to do so for auditing.
Having enough money is the best security ever from my own point of view and this is why I believe that having enough is the best in life especially for the settlement of basic necessities which are the most needs of man 👨. Having enough to settle accommodations which is shelter, foods, clothing because man can never stay naked , then the healthcare we need to stay on our feet thriving. These are the having enough which is proper in every individual’s life.
Then going further, the diminishing returns are why people tend to want to stay on the top. Businesses and other sources of income, be it private or public must have a steadily income which will keep one always on budget because this is why the rich don’t want to give up even with their level of riches. Diminishing returns will set in once an individual is not making enough to settle bills 💸, be on budget and still have extra as savings.
My take on this question: whether earnings should be capped is never a debate because its one that is very understandable. Having enough is the only way to be comfortable and the only way to achieve this is by creating an avenue that will give everyone the opportunity of having what brings you enough. It could be through jobs, business set ups or vocational creativities that will make everyone earn and solve their personal problems. Having enough is not having excessive which is tagged only for the over ambitious, over zealous and the insatiable humans.
However, being rich is not a crime because many got there through hard work 😓, suffering and perseverance, but being over rich and wanting more is greed and over selfishness, but it is very unfortunate that nobody has the power to do anything, even the government because the system is so corrupt. Those who even stole from the economy and government are the most richest, but who will probe them? Survival of the fittest has caused the poor a lot, therefore capping earnings is not the solution.
This is my response to this hl-w128e2 from Hivelearners featured content tagged “MAXIMUM EARNINGS”.
Images are mine.
You have said it all. Some of the world's wealthiest people got to that point through hard work and perseverance but a lot of them got there through corruption and exploiting others and just like you said we can't even do anything about it because even the government that should be checkmating these things are most of the time their accomplice