alt.politics.economics

On Sat, 29 Sep 2007 10:51:02 -0700, donquijote1954
wrote:

>"Hunter Lewis asks a truly vital question in the book Are the Rich
>Necessary? The answer, of course, is yes. However, most people hate
>the rich and would love to 'stick it to them.'"
>
>
>That's the subject of this new book, which addresses a question I've
>had for a long time. Sure, the Rich create wealth, but they destroy it
>too in order to concentrate that wealth into fewer and fewer hands, at
>the expense of the Poor...
>
>"In a couple of hundred years, everybody could be rich. We save and
>invest, and then we destroy the capital by fighting wars or
>governments take it all. We keep creating capital and then we keep
>destroying it." - Hunter Lewis
>
> /
>
>So my answer to whether the Rich, the Filthy Rich, are necessary is
>"NO"...

That some people will end up rich is inevitable, so whether they are
necessary or not is a meaningless question.