Fundamentals
Jim Hlavac
Fundamentals
Sections
Wealth

Only individuals create wealth; a government cannot

Wealth is the transformation of anything in its natural state into a useful thing, however
defined, but he transforming person

Wealth is only in the eyes of the beholder, however strangely perceived

Throughout all history in all known cultures, royalty, theologists and governments have
acquired wealth only through taxes, force, confiscation and other nefarious means

Some people are better at building and creating wealth, and managing it than others

No one has a right to another person's wealth., everyone has an obligation to allow a
person to build, create and accumulate wealth

Wealth may be gifted by inheritance or donation or abandonment

All people accumulate wealth, but at different rates, and differently defined, not all people
want the same level of wealth

Wealth is often defined as money and things, but can also be children (especially in
agrarian societies and times) health, ability and other ephemerals, such as peace.

Wealth is most often acquired through exchange and profit, but it many times acquired by
mere creation by an individual of a thing for another individual

Wealth is a function of time, it can expire or dissipate, grow or increase

Wealth always increases, even if only by emotion and faith in time, (the sentimental value)

In all recorded history more wealth is created, acquired and accumulated in times of peace
than in times of war

War, force and violence, and confiscation or taxation for equalization, either destroys
wealth, or transfers wealth towards destruction, but it does not create it