Anyone who reflects of social issues tends to end up finding himself or herself having to reflect about matters to do with poverty and wealth. This is because the role that money plays in the modern society is a very critical role: a role that you definitely can’t afford to ignore. One of the issues that one finds himself or herself reflecting on is the one as to why so many of us are not wealthy. This too, is an issue that I have personally reflected upon, leading to a number of conclusions.
I have noted that one critical reason as to why so many of us are not wealthy is because we lack the ambition. Many of us simply don’t have it as one of our goals to ever be wealthy. All we desire are simple things like a good car, a good house and a modest pension when we retire. Many of us, of course, ‘wish’ to have some wealth. But so long as that is just a mental wish, and it is not backed by any physical effort, then it doesn’t qualify to be termed as being real ambition.
Another critical reason as to why many of us are not wealthy, I have concluded, is because those of us who have the ambition often lack access to the more lucrative factors of production. Indeed, when you come to think of it, you realize that the only factor of production most of us have to offer is labor. And it so happens that labor is the one factor of production that is overabundant: and hence it is the factor of production whose value is pitifully low. It is indeed for this reason that we have a huge population of working poor people. In a state like Georgia, you find such working poor going to a social services website like compass.georgia.gov whose canonical address is actually that of www.compass.ga.gov, where they try their luck in applying for food stamps. On the other hand, people with access to the more lucrative factors of production such as land, capital and management tend to be wealthier. Indeed, one just needs to have access to those other factors of production, and a good brain combined with just a bit of ambition, to become wealthy.
Yet another critical reason as to why many of us are not wealthy, as per my conclusions, is because we lack the connections necessary to make us wealthy. Some people want to deny that connections matter, but we know otherwise. To be sure, in many cases, connections don’t make someone rich: but they do open access to factors of production (like affordable loans, lucrative jobs and training opportunities) that in turn open the doors to one becoming wealthy.