Occupy and Move: These concepts are the key to wealth. Here, ‘occupy’ means owning goods, and ‘move’ refers to transferring ownership through exchange. Wealth is built by accumulating possessions. For accumulation to occur, a good must first be owned by someone else and then transferred. The transfer of ownership is what I call the movement of goods. To transfer, a payment is made to the current owner, usually in currency. Currency simplifies exchanges, as it is easier to move and issue than physical goods. Today, currency moves electronically, accelerating transactions. Had goods always been exchanged directly for other goods, exchanges and wealth accumulation would progress more slowly and inefficiently. The economic system now manages prices by adjusting the money supply, controlling the value of goods relative to currency, since money is easier to manage than goods. Business and investment outcomes depend on whether wealth is stored in money or in goods. If you emphasize goods, pat...
In the 2009 Korean film ‘Castaway on the Moon,’ a character states, “Desire makes humans smarter.” This reflects the protagonist’s ingenuity in creating useful tools from discarded items to survive on a deserted island. While knowledge enhances human understanding, it is desire that turns that knowledge into practical applications. Maslow was among the first to focus on this concept of desire in social science research. Understanding and addressing desires essentially means understanding humanity. - Joseph’s “just my thoughts”