Over at a fringe left-wing site, a discussion on economics recently came up. It was very interesting to see some of the viewpoints on how wealth is created and used and so forth. Here are some of the highlights: Income has nothing to do with it really. Income is only a derivative, the real culprit is WEALTH. Income comes in two ways, (1) from work i.e., being paid for your labor or (2) from WEALTH applied over time, whether you call it rent, interest, capital gains, property appreciation,...