Column headed “Is the key to getting rich work, risk or luck?” states:
“If we assume that wealth comes from working hard, taking great personal risk and coming up with great ideas, then the wealthy don’t necessarily ‘owe’ society for their success.”
WATCHDOG: Nonsense! Without the freedoms won by generations and the social structure and economy that create the environment for success in business, it is unlikely that “working hard, taking great personal risk and coming up with great ideas” would make one wealthy. Try it out in Haiti or Cuba.
Not only does our country provide the fundamental circumstances that allow people to grow rich in a legitimate manner, but it then protects them from having the wealth stolen by others.
When is the last house with a high fence with barb wire or broken glass protruding on top of it in the USA? In Mexico and many other countries it is a common place.
It is encouraging to read later in the article “Among business owners, however, the number of self-described ‘lucky wealthy’ is much higher: 79% of them cited ‘being at the right place at the right time’ as a factor in their success. Fully 68% of business owners cited ‘luck’ as a factor.”
