Is it possible for everyone in the world to be rich?
First of all we need to fix the limit of richness in order to answer this question. We can think that a certain amount (suppose $1000000) is the minimum amount for a person to be called rich but this will never remain fixed. If every person on earth is given this amount of money then people have to transact in order to get things or service. When will a person pay his dues (suppose $1000), he will at once lose the status of the rich person as he would have now less than one million dollar.
Hence, it is not possible for everyone in the world to be rich. If we could do that, that will not stay for longer. However, we can provide a minimum income to everyone. Governments are mulling over to provide universal basic income to every persons who are the citizens of the nation. This concept seems quite nice but it has lots of flaws as well as it may lead people to be lazy and pessimistic. Many people will certainly abuse such a generous amount. So, it doesn't seem that everyone in the world can become rich. Also, the definition of richness is different for different groups of people or individuals. It also changes according to the situation.
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Yes, it's possible for everyone in the world to be rich.
It just requires humanity to not put so much resources into killing each other and apply those resources in more useful ways.
I agree with you my friend
Hello @akdx
Interesting and challenging topic. Wouldn't it be dangerous if everyone would be rich? This planet is not big enough and doesnt have enough resources to survive.
I also wanted to show my appreciation for your latest valuable comment regarding Security Tokens.
Followed already.
Cheers, Thomas from CreativeBlue
I agree dear. Thank you very much for such inspiring words.