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Wealth

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banking was particularly important. Aristotle describes the basic function of money as a universal instrument of quantitative measurement – "for it measures all things " – making things alike and comparable due to a social "agreement" of acceptance. In that way, money also enables a new type of economic society and the definition of wealth in measurable quantities, such as gold and money. Modern philosophers like Nietzsche criticized the fixation on measurable wealth: "Unsere 'Reichen' – das sind die Ärmsten! Der eigentliche Zweck alles Reichtums ist vergessen!" ("Our 'rich people' – those are the poorest! The real purpose of all wealth has been forgotten!")
793: 692: 704: 817: 435:(2017). According to the eighth edition of the Global Wealth Report, in the year to mid-2017, total global wealth rose at a rate of 6.4%, the fastest pace since 2012 and reached US$ 280 trillion, a gain of US$ 16.7 trillion. This reflected widespread gains in equity markets matched by similar rises in non-financial assets, which moved above the pre-crisis year 2007's level for the first time this year. Wealth growth also outpaced population growth, so that global mean wealth per adult grew by 4.9% and reached a new record high of US$ 56,540 per adult. 149: 1620: 601:, etc. Over the history, some of the key underlying factors in wealth creation and the measurement of the wealth include the scalable innovation and application of human knowledge in the form of institutional structure and political/ideological "superstructure", the scarce resources (both natural and man-made), and the saving of monetary assets. 398:
between material wealth and human wealth, defining human wealth as "wealth in human relations"; land and labour were the source of all material wealth. The German cultural historian Silvio Vietta links wealth/poverty to rationality. Having a leading position in the development of rational sciences,
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Wealth has been defined as a collection of things limited in supply, transferable, and useful in satisfying human desires. Scarcity is a fundamental factor for wealth. When a desirable or valuable commodity (transferable good or skill) is abundantly available to everyone, the owner of the commodity
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The middle class views wealth as something for emergencies and it is seen as more of a cushion. This class comprises people that were raised with families that typically owned their own home, planned ahead and stressed the importance of education and achievement. They earn a significant income and
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In Western civilization, wealth is connected with a quantitative type of thought, invented in the ancient Greek "revolution of rationality", involving for instance the quantitative analysis of nature, the rationalization of warfare, and measurement in economics. The invention of coined money and
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At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various people in different
1653:, The Wealth Concept. A Study in Economic Theory, Source: The Annals of the American Academy of Political and Social Science , Apr., 1891, Vol. 1 (Apr., 1891), pp. 615–634, Published by: Sage Publications, Inc. in association with the American Academy of Political and Social Science, 632:', but is measured differently. Accounting measures net worth in terms of the historical cost of assets while economics measures wealth in terms of current values. But analysis may adapt typical accounting conventions for economic purposes in social accounting (such as in 326:
in modern societies for even the poorest of people. This comparative wealth across time is also applicable to the future; given this trend of human advancement, it is possible that the standard of living that the wealthiest enjoy today will be considered impoverished by
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in relation to such items which can be invoked with little or no effort and expense on the part of the owner. The concept of wealth is relative and not only varies between societies, but varies between different sections or regions in the same society. A personal
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of US$ 10,000 in most parts of the United States would certainly not place a person among the wealthiest citizens of that locale. Such an amount would constitute an extraordinary amount of wealth in impoverished
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of such resources (income or flow). A wealthy person, group, or nation thus has more accumulated resources (capital) than a poor one. The opposite of wealth is destitution. The opposite of richness is
841:(US$ 418.3×10) at the end of the year 2020. For 2018, the World Bank estimated the value of the world's produced capital, natural capital, and human capital to be $ 1,152 trillion. According to the 1232:
With permanent settlements, a variety of tools, and the creation of trading networks, our ancestors achieved a level of cultural and economic sophistication that anthropologists refer to as a
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groups of early humans; the evidence included burial-site tools made from nonlocal materials, seashell jewelry found with noncoastal tribes, and patterns of movement suggesting trading routes.
653: 1615: 1721: 2058: 205:, described wealth as "the annual produce of the land and labor of the society". This "produce" is, at its simplest, a good or service which satisfies human needs, and wants of 136:, and minerals. Human capital is the population's education and skills. Physical (or "manufactured") capital includes such things as machinery, buildings, and infrastructure. 510:, the net liabilities are those owed to the rest of the world. The term may also be used more broadly as referring to the productive capacity of a society or as a contrast to 1363: 2028: 2006: 3399: 1741: 678:
for formulating and deriving such measures on the argument that an educated valuation is superior to a value of zero (as the implied valuation of environmental assets).
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will possess no potential for wealth. When a valuable or desirable commodity is in scarce supply, the owner of the commodity will possess great potential for wealth.
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in time, for example the value of an orchard on December 31 minus debt owed on the orchard. For a given amount of wealth, say at the beginning of the year,
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groups began to adopt a more settled lifestyle, as evidenced by cave drawings, burial sites, and decorative objects. Around this time, humans began
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around 35,000 years ago we begin to see the first evidence of a more settled lifestyle, with burial sites, cave drawings, and decorative objects.
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variable. What marks the income as a flow is its measurement per unit of time, such as the value of apples yielded from the orchard per year.
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has asserted that a small child has greater wealth than the 2 billion poorest people in the world combined, since a small child has no debt.
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emphasized the role of technology. Many jobs were automated. Machines replaced some workers while other workers became more specialized.
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projected future outlays considered to be liabilities. Macroeconomic questions include whether the issuance of government bonds affects
119:, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy. 2066: 1586: 3452: 3384: 3422: 1671: 1360: 1037: 1555: 3457: 1753: 852:" countries, and in 2008, 1% of adults were estimated to hold 40% of world wealth, a number which falls to 32% when adjusted for 798:
Though the 10th percentile of American households have zero net worth, the 90th percentile has $ 1.6 million of household wealth.
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lifestyle. Those who had gathered abundant burial-site tools, weapons, baskets, and food, were considered part of the wealthy.
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is a monetary measure which includes the sum of natural, human, and physical assets. Natural capital includes land, forests,
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Median wealth of married couples exceeds that of single individuals, regardless of gender and across all age categories.
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implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own. A
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in 2021, suggests the total wealth of the US exceeded that of China, US$ 126.3 trillion to US$ 74.9 trillion.
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is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts).
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in new technologies and in economic production leads to wealth, while the opposite can be correlated with
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There are several historical developmental economics points of view on the basis of wealth, such as from
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Concepts of wealth also vary across time. Modern labor-saving inventions and the development of the
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saw wealth creation as the combination of materials, labour, land, and technology. The theories of
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The Origin of Wealth: The Radical Remaking of Economics and What it Means for Business and Society
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A Theory of Global Civilization: Rationality and the Irrational as the Driving Forces of History
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are not usually counted in measuring wealth, in part due to the difficulty of valuation for a
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As of 2008, about 90% of global wealth is distributed in North America, Europe, and "rich
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have the least amount of wealth, with circumstances discouraging accumulation of assets.
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The upper class are schooled to maintain their wealth and pass it to future generations.
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Economic terminology distinguishes between wealth and income. Wealth or savings is a
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James B. Davies, Susanna Sandström, Anthony Shorrocks, and Edward N. Wolff. (2008).
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James B. Davies, Susanna Sandström, Anthony Shorrocks, and Edward N. Wolff. (2008).
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consume many things, typically limiting their savings and investments to retirement
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owed at a point in time. Wealth can be categorized into three principal categories:
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In 2013, 1% of adults were estimated to hold 46% of world wealth and around $ 18.5
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Rationalität. Eine Weltgeschichte. Europäische Kulturgeschichte und Globalisierung
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The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics
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The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics
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The Origin of Wealth: Evolution, Complexity, and the Radical Remaking of Economics
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Kronman, Anthony T. (March 1980). "Wealth Maximization as a Normative Principle".
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Higher educational attainment in the US corresponds with median household wealth.
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of resources (net asset value), whether abundant or not. 'Richness' refers to an
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In popular usage, wealth can be described as an abundance of items of economic
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is not identical to wealth, but the two concepts are related (particularly in
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word stem. The modern concept of wealth is of significance in all areas of
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During this period, archeologists also begin to see evidence of trading
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Routledge Encyclopedia of International Political Economy: Entries A–F
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International Encyclopedia of the Social & Behavioral Sciences
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Denis "Authentic Development: Is it Sustainable?", pp. 189–205 in
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owed at a point in time. For national wealth as measured in the
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burial-site tools and developed trade networks, resulting in a
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An Inquiry into the Nature and Causes of the Wealth of Nations
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Sullivan, Brianna; Hays, Donald; Bennett, Neil (June 2023).
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Sullivan, Brianna; Hays, Donald; Bennett, Neil (June 2023).
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Sullivan, Brianna; Hays, Donald; Bennett, Neil (June 2023).
1213:. Boston, Massachusetts: Harvard Business Press. p. 7. 1172:. Boston, Massachusetts: Harvard Business Press. p. 7. 1135:. Boston, Massachusetts: Harvard Business Press. p. 7. 69:. This includes the core meaning as held in the originating 1514:   • Nancy D. Ruggles, 1987. "social accounting" 1103: 738:
In both Marxist and Weberian theory, class is divided into
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Global share of wealth by wealth group, Credit Suisse, 2017
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Global share of wealth by wealth group, Credit Suisse, 2021
1842: 1840: 1838: 1907: 1293:. Vol. 15. The Grolier Society. 1949. p. 5357. 925:
The American Heritage Dictionary of the English Language
560:. One feature of its effect on economic behavior is the 65:
which can be converted into a form that can be used for
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Persistent Poverty: The American Dream Turned Nightmare
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Wiedmann, Thomas; Lenzen, Manfred; Keyßer, Lorenz T.;
1669:• Jagadeesh Gokhale, 2008. "Generational accounting." 1370:(October 18, 2018). Credit Suisse Research Institute. 568:
goods demanded for each one-percent change in wealth.
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The wealth of households worldwide amounts to US$ 280
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World regions by total wealth (in trillions USD), 2018
1921:. United States Census Bureau. p. 5 (Figure 2). 1896:. United States Census Bureau. p. 5 (Figure 2). 1857: 1341: 1339: 1323: 1321: 2122:
As Gods Among Men: A History of the Rich in the West
1882: 1871:. United States Census Bureau. p. 2 (Table 1). 514:. Analytical emphasis may be on its determinants or 1913: 1888: 1863: 1736:• Sjak Smulders, 2008. "green national accounting" 829:Although precise data are not available, the total 3567:Socialism for the rich and capitalism for the poor 1848:Assets and the Poor: A New American Welfare Policy 1336: 1318: 1282: 564:, which is the percentage change in the amount of 30:Several terms redirect here. For other uses, see 345:, as it came to be known, consisting of both the 3675: 1786: 765:and home ownership. Below the middle class, the 3365:Largest financial services companies by revenue 2441:Perspectives on capitalism by school of thought 1445:"Research Institute: Global wealth report 2021" 2004:The World Distribution of Household Wealth, p8 1624:   • Robert L. Heilbroner, 1987. ). 442:According to the 2021 global wealth report by 3360:Largest corporations by market capitalization 2971: 2271: 1758:Assigning Economic Value to Natural Resources 1252:. Harvard Business Review Press; 1st edition. 255:wealth of income producing assets, including 1711:, 1974. "Are Government Bonds Net Wealth?", 1691:   • Laurence J. Kotlikoff, 1992, 858:concentration of wealth in the United States 27:Abundance of financial assets or possessions 3562:The rich get richer and the poor get poorer 1627:The New Palgrave: A Dictionary of Economics 1517:The New Palgrave: A Dictionary of Economics 1068:"Free exchange: The real wealth of nations" 1043:The New Palgrave: A Dictionary of Economics 471:. For savings as a business objective, see 3370:Largest manufacturing companies by revenue 2978: 2964: 2278: 2264: 2025:The World Distribution of Household Wealth 1569:An Inquiry into Well-Being and Destitution 1297: 1247: 1206: 1165: 1128: 2238: 1027: 453: 1738:The New Palgrave Dictionary of Economics 1672:The New Palgrave Dictionary of Economics 928:(4th ed.). Houghton Mifflin Company 422: 410: 3380:Largest technology companies by revenue 1754:United States National Research Council 996: 14: 3676: 3448:Income inequality in the United States 3443:Wealth inequality in the United States 1958:. World Bank Group. October 27, 2021. 1345: 1327: 750:, with each further subdivided (e.g., 681: 3375:Largest software companies by revenue 2959: 2259: 1795:. Taylor & Francis. p. 161. 1782: 1780: 1483: 1468: 1264:"WWE Superstars net worth and salary" 1060: 965: 856:. According to Richard H Ropers, the 833:in the world, excluding the value of 527:variable – that is, it is measurable 341:became critical to economic success. 3355:Largest corporate profits and losses 1955:The Changing Wealth of Nations, 2021 462: 143: 3428:Countries by number of billionaires 2137: 1630:, v. 4, pp. 880–883. Brief preview 1046:, v. 4, pp. 880–883. Brief preview 891:Productivity-improving technologies 107:contexts. Defining wealth can be a 24: 2985: 2205:"Scientists' warning on affluence" 2149:The Encyclopedia of Libertarianism 2114: 1928:from the original on May 24, 2024. 1903:from the original on May 24, 2024. 1878:from the original on May 24, 2024. 1777: 25: 3695: 3077:Primitive accumulation of capital 1548:The Wealth and Poverty of Nations 3423:Cities by number of billionaires 2048:. New York: Insight Books, 1991. 1815: 837:, has been estimated at $ 418.3 815: 803: 791: 702: 690: 535:from that wealth, as measurable 482:, wealth (in a commonly applied 406: 301:on establishing and maintaining 147: 3624:The Theory of the Leisure Class 3499:Acquired situational narcissism 2081: 2051: 2038: 2016: 1996: 1946: 1932: 1809: 1730: 1702: 1663: 1644: 1595: 1523: 1492: 1477: 1462: 1437: 1417: 1397: 1377: 1354: 1256: 1200: 776: 636:). An example of the latter is 574:Principles of Political Economy 3438:Countries by wealth inequality 3038:History of economic inequality 2285: 2124:. Princeton University Press. 2095:. May 22, 2013. Archived from 1791:. In Jones, R.J. Barry (ed.). 1374:. Retrieved December 10, 2018. 1159: 1122: 1106:. July 9, 2012. Archived from 990: 973:Building Sustainable Societies 940: 912: 867:was estimated to be stored in 860:is "inequitably distributed". 473:Procurement § Performance 419:(trillions USD), Credit Suisse 13: 1: 2807:Critique of political economy 1610:Analytical Table of Contents. 906: 723:), leading to the concept of 3405:Number of billionaire alumni 3350:Largest companies by revenue 2391:History of capitalist theory 1714:Journal of Political Economy 1248:Beinhocker, Eric D. (2007). 1207:Beinhocker, Eric D. (2006). 1166:Beinhocker, Eric D. (2006). 1129:Beinhocker, Eric D. (2006). 1000:The Journal of Legal Studies 498:– that is, the value of all 7: 1578:September 29, 2007, at the 1520:, v. 4, pp. 377–382, . 948:"The Millionaire Next Door" 874: 562:wealth elasticity of demand 494:of a person, household, or 10: 3700: 2231:10.1038/s41467-020-16941-y 2166:10.4135/9781412965811.n326 1940:"The Global Wealth Report" 1607:The Distribution of Wealth 1589:December 15, 2018, at the 1450:. Credit Suisse. June 2021 780: 604:Wealth may be measured in 466: 353:, became the focus of the 139: 40:Affluence (disambiguation) 29: 3651: 3580: 3554: 3521: 3484: 3477: 3433:Countries by total wealth 3415: 3340: 3312:List of centibillionaires 3294: 3287: 3215: 3156:High-net-worth individual 3138: 3001: 2994: 2834: 2788: 2751:Labour market flexibility 2724: 2635: 2484: 2426:Multinational corporation 2303: 2293: 2044:Ropers, Richard H, Ph.D. 2031:October 16, 2009, at the 2009:October 16, 2009, at the 1964:10.1596/978-1-4648-1590-4 1787:Grant, J. Andrew (2001). 1558:October 11, 2012, at the 1486:Werke in drei Bänden. III 1289:"How Wealth is Created". 1234:hunter-gatherer lifestyle 1096:"Inclusive Wealth Report" 322:have vastly improved the 239:owned minus the value of 44:Affluent (disambiguation) 3045:International inequality 3033:Consumption distribution 1816:Team, The Investopedia. 1682:October 2, 2011, at the 881:Gross National Happiness 282:'Wealth' refers to some 179:Around 35,000 years ago 36:Wealthy (disambiguation) 3121:Conspicuous consumption 2896:Individualist anarchism 2138:Lee, Dwight R. (2008). 1693:Generational Accounting 1361:"Global Wealth Report." 1346:Vietta, Silvio (2012). 1328:Vietta, Silvio (2013). 1311:August 1, 2020, at the 1291:World Book Encyclopedia 854:purchasing power parity 644:systems to include the 638:generational accounting 392:) distinguishes in the 351:infrastructural capital 235:refers to the value of 75: 32:Wealth (disambiguation) 3507:Argumentum ad crumenam 2861:Collectivist anarchism 2776:Social venture capital 2746:Freedom of association 2120:Alfani, Guido (2023). 1789:"class, definition of" 1762:National Academy Press 1512:, "Glossary of Terms." 1366:July 11, 2019, at the 783:Distribution of wealth 606:nominal or real values 454:Philosophical analysis 444:McKinsey & Company 428: 420: 199:, in his seminal work 3638:The Wealth of Nations 3489:Diseases of affluence 2926:Post-scarcity economy 2901:Libertarian socialism 2886:Free-market socialism 2817:Market fundamentalism 2802:Capitalist propaganda 2396:Industrial Revolution 2311:Anarchy of production 2210:Nature Communications 2201:Steinberger, Julia K. 2152:. Thousand Oaks, CA: 1771:June 7, 2011, at the 1747:May 11, 2012, at the 1724:June 6, 2011, at the 1637:June 1, 2012, at the 1536:The Wealth of Nations 1053:June 1, 2012, at the 584:The Wealth of Nations 426: 414: 389:labor theory of value 339:Labour specialization 273:social stratification 202:The Wealth of Nations 111:process with various 93:development economics 87:, and clearly so for 3546:Venture philanthropy 3541:Philanthrocapitalism 3453:Most expensive items 3327:Wealthiest Americans 3307:list of billionaires 3006:Capital accumulation 2381:Financial Revolution 2346:Economic development 2160:. pp. 537–539. 2140:"Wealth and Poverty" 2099:on December 23, 2015 2069:on February 14, 2015 2061:Global Wealth Report 1846:Sherraden, Michael. 1433:. November 16, 2021. 1413:. November 14, 2021. 1393:. November 15, 2021. 1034:Robert L. Heilbroner 979:, ed., M.E. Sharpe, 725:socioeconomic status 664:Environmental assets 313:developing countries 63:physical possessions 54:is the abundance of 3602:Greek god of wealth 3513:Prosperity theology 3332:Wealthiest families 3317:Female billionaires 3151:Captain of industry 3126:Conspicuous leisure 3028:Income distribution 3023:Wealth distribution 3018:Economic inequality 2856:Anarcho-syndicalism 2851:Anarcho-primitivism 2736:Economic inequality 2351:Economic liberalism 2223:2020NatCo..11.3107W 2093:Oxfam International 1818:"Wealth Definition" 1619:, pp. 16394–16401. 1504:William D. Nordhaus 952:movies2.nytimes.com 886:Happiness economics 682:Versus social class 670:. Environmental or 377:classical economics 297:The term implies a 79:, which is from an 3465:Wealthiest animals 2876:Economic democracy 2697:Private foundation 1764:. Chapter-preview 1688:uncorrected proof. 1471:Nicomachean Ethics 1270:on August 27, 2017 752:upper middle class 429: 421: 355:analysis of wealth 329:future generations 324:standard of living 159:. You can help by 42:, and 3671: 3670: 3647: 3646: 3536:The Giving Pledge 3473: 3472: 3283: 3282: 2953: 2952: 2846:Anarcho-communism 2717:Spontaneous order 2712:Social alienation 2669:Economic mobility 2356:Economic planning 2131:978-0-691-22712-2 1981:978-1-4648-1590-4 1506:, 2004, 18th ed. 1500:Paul A. Samuelson 1390:The Straits Times 1372:Credit-Suisse.com 729:personal property 676:social accounting 634:national accounts 508:national accounts 502:owned net of all 486:sense, sometimes 463:Economic analysis 383:Marxian economics 335:Industrialization 245:personal property 177: 176: 16:(Redirected from 3691: 3531:Gospel of Wealth 3482: 3481: 3292: 3291: 3103: 3094: 3011:Overaccumulation 2999: 2998: 2980: 2973: 2966: 2957: 2956: 2936:Social anarchism 2911:Market socialism 2906:Market anarchism 2812:Critique of work 2702:Private property 2664:Economic freedom 2659:Decentralization 2637:Cultural aspects 2598:Regulated market 2376:Financial crisis 2361:Entrepreneurship 2280: 2273: 2266: 2257: 2256: 2252: 2242: 2195: 2109: 2108: 2106: 2104: 2085: 2079: 2078: 2076: 2074: 2065:. Archived from 2055: 2049: 2042: 2036: 2020: 2014: 2000: 1994: 1993: 1950: 1944: 1943: 1942:. Credit Suisse. 1936: 1930: 1929: 1927: 1920: 1911: 1905: 1904: 1902: 1895: 1886: 1880: 1879: 1877: 1870: 1861: 1855: 1844: 1833: 1832: 1830: 1828: 1813: 1807: 1806: 1784: 1775: 1734: 1728: 1706: 1700: 1667: 1661: 1648: 1642: 1603:John Bates Clark 1599: 1593: 1527: 1521: 1496: 1490: 1489: 1481: 1475: 1474: 1473:. p. 1133a. 1466: 1460: 1459: 1457: 1455: 1449: 1441: 1435: 1434: 1421: 1415: 1414: 1401: 1395: 1394: 1381: 1375: 1358: 1352: 1351: 1343: 1334: 1333: 1332:. Kindle Ebooks. 1325: 1316: 1301: 1295: 1294: 1286: 1280: 1279: 1277: 1275: 1266:. Archived from 1260: 1254: 1253: 1245: 1239: 1238: 1229: 1227: 1204: 1198: 1197: 1188: 1186: 1163: 1157: 1156: 1151: 1149: 1126: 1120: 1119: 1117: 1115: 1110:on June 30, 2012 1092: 1086: 1085: 1083: 1081: 1064: 1058: 1031: 1025: 1024: 994: 988: 969: 963: 962: 960: 958: 944: 938: 937: 935: 933: 916: 831:household wealth 819: 807: 795: 733:financial assets 706: 694: 672:green accounting 579:John Stuart Mill 539:say a year is a 373:John Stuart Mill 343:Physical capital 172: 169: 151: 144: 134:energy resources 129:inclusive wealth 89:growth economics 78: 59:financial assets 21: 3699: 3698: 3694: 3693: 3692: 3690: 3689: 3688: 3674: 3673: 3672: 3667: 3643: 3576: 3572:Too big to fail 3550: 3517: 3469: 3411: 3390:Philanthropists 3336: 3279: 3211: 3134: 2990: 2984: 2954: 2949: 2931:Sharing economy 2921:Post-capitalism 2891:Green anarchism 2830: 2797:Anti-capitalism 2784: 2720: 2631: 2623:State-sponsored 2480: 2456:Property rights 2431:Nationalization 2341:Economic bubble 2299: 2289: 2284: 2176: 2132: 2117: 2115:Further reading 2112: 2102: 2100: 2087: 2086: 2082: 2072: 2070: 2057: 2056: 2052: 2043: 2039: 2033:Wayback Machine 2021: 2017: 2011:Wayback Machine 2001: 1997: 1982: 1952: 1951: 1947: 1938: 1937: 1933: 1925: 1918: 1912: 1908: 1900: 1893: 1887: 1883: 1875: 1868: 1862: 1858: 1845: 1836: 1826: 1824: 1814: 1810: 1803: 1785: 1778: 1773:Wayback Machine 1752:   • 1751: 1749:Wayback Machine 1740:, 2nd Edition. 1735: 1731: 1726:Wayback Machine 1709:Robert J. Barro 1707: 1703: 1690: 1684:Wayback Machine 1675:, 2nd Edition. 1668: 1664: 1649: 1645: 1639:Wayback Machine 1623: 1612: 1600: 1596: 1591:Wayback Machine 1580:Wayback Machine 1565:Partha Dasgupta 1563:   • 1562: 1560:Wayback Machine 1543:David S. Landes 1541:   • 1540: 1528: 1524: 1513: 1497: 1493: 1482: 1478: 1467: 1463: 1453: 1451: 1447: 1443: 1442: 1438: 1423: 1422: 1418: 1403: 1402: 1398: 1383: 1382: 1378: 1368:Wayback Machine 1359: 1355: 1344: 1337: 1326: 1319: 1313:Wayback Machine 1302: 1298: 1288: 1287: 1283: 1273: 1271: 1262: 1261: 1257: 1246: 1242: 1225: 1223: 1221: 1205: 1201: 1184: 1182: 1180: 1164: 1160: 1147: 1145: 1143: 1127: 1123: 1113: 1111: 1094: 1093: 1089: 1079: 1077: 1076:. June 30, 2012 1066: 1065: 1061: 1055:Wayback Machine 1032: 1028: 995: 991: 970: 966: 956: 954: 946: 945: 941: 931: 929: 918: 917: 913: 909: 896:Quality of life 877: 827: 826: 825: 824: 823: 820: 812: 811: 808: 800: 799: 796: 785: 779: 714: 713: 712: 711: 710: 707: 699: 698: 695: 684: 674:is a method of 668:non-market good 642:social security 558:national wealth 476: 465: 456: 409: 347:natural capital 299:social contract 191:hunter-gatherer 173: 167: 164: 157:needs expansion 142: 47: 28: 23: 22: 15: 12: 11: 5: 3697: 3687: 3686: 3669: 3668: 3666: 3665: 3664: 3663: 3652: 3649: 3648: 3645: 3644: 3642: 3641: 3634: 3627: 3620: 3619: 3618: 3606: 3605: 3604: 3592: 3584: 3582: 3578: 3577: 3575: 3574: 3569: 3564: 3558: 3556: 3552: 3551: 3549: 3548: 3543: 3538: 3533: 3527: 3525: 3519: 3518: 3516: 3515: 3510: 3503: 3502: 3501: 3496: 3485: 3479: 3475: 3474: 3471: 3470: 3468: 3467: 3462: 3461: 3460: 3450: 3445: 3440: 3435: 3430: 3425: 3419: 3417: 3413: 3412: 3410: 3409: 3408: 3407: 3402: 3400:Endowment size 3394: 3393: 3392: 3382: 3377: 3372: 3367: 3362: 3357: 3352: 3346: 3344: 3338: 3337: 3335: 3334: 3329: 3324: 3322:Richest royals 3319: 3314: 3309: 3300: 3298: 3289: 3285: 3284: 3281: 3280: 3278: 3277: 3272: 3267: 3262: 3257: 3252: 3247: 3242: 3237: 3232: 3227: 3221: 3219: 3213: 3212: 3210: 3209: 3204: 3203: 3202: 3197: 3192: 3182: 3177: 3176: 3175: 3165: 3164: 3163: 3153: 3148: 3142: 3140: 3136: 3135: 3133: 3132: 3131: 3130: 3129: 3128: 3123: 3108: 3107: 3106: 3097: 3083: 3082: 3081: 3080: 3079: 3067: 3062: 3057: 3052: 3047: 3042: 3041: 3040: 3035: 3030: 3025: 3015: 3014: 3013: 3002: 2996: 2992: 2991: 2983: 2982: 2975: 2968: 2960: 2951: 2950: 2948: 2943: 2938: 2933: 2928: 2923: 2918: 2913: 2908: 2903: 2898: 2893: 2888: 2883: 2878: 2873: 2868: 2863: 2858: 2853: 2848: 2843: 2838: 2836: 2832: 2831: 2829: 2824: 2819: 2814: 2809: 2804: 2799: 2794: 2792: 2786: 2785: 2783: 2778: 2773: 2768: 2763: 2758: 2753: 2748: 2743: 2738: 2733: 2728: 2726: 2725:Social aspects 2722: 2721: 2719: 2714: 2709: 2704: 2699: 2694: 2689: 2686: 2681: 2676: 2671: 2666: 2661: 2656: 2651: 2649:American Dream 2646: 2641: 2639: 2633: 2632: 2630: 2625: 2620: 2615: 2610: 2605: 2600: 2595: 2590: 2585: 2580: 2575: 2570: 2565: 2560: 2555: 2550: 2545: 2540: 2535: 2528: 2523: 2518: 2513: 2508: 2503: 2498: 2493: 2488: 2486: 2482: 2481: 2479: 2478: 2473: 2468: 2463: 2458: 2453: 2448: 2443: 2438: 2433: 2428: 2423: 2418: 2413: 2411:Market failure 2408: 2406:Market economy 2403: 2398: 2393: 2388: 2383: 2378: 2373: 2368: 2366:Ecopreneurship 2363: 2358: 2353: 2348: 2343: 2338: 2333: 2328: 2323: 2321:Centralization 2318: 2316:Business cycle 2313: 2307: 2305: 2301: 2300: 2294: 2291: 2290: 2283: 2282: 2275: 2268: 2260: 2254: 2253: 2217:(3107): 3107. 2196: 2175:978-1412965804 2174: 2158:Cato Institute 2144:Hamowy, Ronald 2135: 2130: 2116: 2113: 2111: 2110: 2080: 2050: 2037: 2015: 1995: 1980: 1945: 1931: 1906: 1881: 1856: 1834: 1808: 1802:978-0415243506 1801: 1776: 1729: 1701: 1662: 1651:Charles Tuttle 1643: 1594: 1522: 1491: 1488:. p. 419. 1476: 1461: 1436: 1416: 1396: 1376: 1353: 1335: 1317: 1296: 1281: 1255: 1240: 1219: 1199: 1178: 1158: 1141: 1121: 1087: 1059: 1026: 1013:10.1086/467637 1007:(2): 227–242. 989: 985:978-1563247385 977:Dennis Pirages 964: 939: 910: 908: 905: 904: 903: 898: 893: 888: 883: 876: 873: 821: 814: 813: 809: 802: 801: 797: 790: 789: 788: 787: 786: 781:Main article: 778: 775: 721:Marxist theory 708: 701: 700: 696: 689: 688: 687: 686: 685: 683: 680: 626:social capital 464: 461: 455: 452: 408: 405: 231:In economics, 175: 174: 154: 152: 141: 138: 126:definition of 124:United Nations 26: 9: 6: 4: 3: 2: 3696: 3685: 3682: 3681: 3679: 3662: 3659: 3658: 3657: 3654: 3653: 3650: 3640: 3639: 3635: 3633: 3632: 3628: 3626: 3625: 3621: 3617: 3614: 3613: 3612: 3611: 3607: 3603: 3600: 3599: 3598: 3597: 3593: 3591: 3590: 3586: 3585: 3583: 3579: 3573: 3570: 3568: 3565: 3563: 3560: 3559: 3557: 3553: 3547: 3544: 3542: 3539: 3537: 3534: 3532: 3529: 3528: 3526: 3524: 3520: 3514: 3511: 3509: 3508: 3504: 3500: 3497: 3495: 3492: 3491: 3490: 3487: 3486: 3483: 3480: 3476: 3466: 3463: 3459: 3456: 3455: 3454: 3451: 3449: 3446: 3444: 3441: 3439: 3436: 3434: 3431: 3429: 3426: 3424: 3421: 3420: 3418: 3414: 3406: 3403: 3401: 3398: 3397: 3396:Universities 3395: 3391: 3388: 3387: 3386: 3383: 3381: 3378: 3376: 3373: 3371: 3368: 3366: 3363: 3361: 3358: 3356: 3353: 3351: 3348: 3347: 3345: 3343: 3342:Organizations 3339: 3333: 3330: 3328: 3325: 3323: 3320: 3318: 3315: 3313: 3310: 3308: 3306: 3302: 3301: 3299: 3297: 3293: 3290: 3286: 3276: 3273: 3271: 3268: 3266: 3263: 3261: 3258: 3256: 3253: 3251: 3248: 3246: 3243: 3241: 3238: 3236: 3233: 3231: 3228: 3226: 3225:Concentration 3223: 3222: 3220: 3218: 3214: 3208: 3205: 3201: 3198: 3196: 3193: 3191: 3188: 3187: 3186: 3183: 3181: 3178: 3174: 3171: 3170: 3169: 3166: 3162: 3159: 3158: 3157: 3154: 3152: 3149: 3147: 3144: 3143: 3141: 3137: 3127: 3124: 3122: 3119: 3118: 3117: 3114: 3113: 3112: 3109: 3105: 3102: 3098: 3096: 3093: 3092:Nouveau riche 3089: 3088: 3087: 3084: 3078: 3075: 3074: 3073: 3072: 3071: 3068: 3066: 3063: 3061: 3058: 3056: 3053: 3051: 3048: 3046: 3043: 3039: 3036: 3034: 3031: 3029: 3026: 3024: 3021: 3020: 3019: 3016: 3012: 3009: 3008: 3007: 3004: 3003: 3000: 2997: 2993: 2989: 2981: 2976: 2974: 2969: 2967: 2962: 2961: 2958: 2947: 2944: 2942: 2939: 2937: 2934: 2932: 2929: 2927: 2924: 2922: 2919: 2917: 2914: 2912: 2909: 2907: 2904: 2902: 2899: 2897: 2894: 2892: 2889: 2887: 2884: 2882: 2881:Eco-socialism 2879: 2877: 2874: 2872: 2869: 2867: 2864: 2862: 2859: 2857: 2854: 2852: 2849: 2847: 2844: 2842: 2839: 2837: 2833: 2828: 2825: 2823: 2820: 2818: 2815: 2813: 2810: 2808: 2805: 2803: 2800: 2798: 2795: 2793: 2791: 2787: 2782: 2779: 2777: 2774: 2772: 2769: 2767: 2764: 2762: 2759: 2757: 2756:Labour supply 2754: 2752: 2749: 2747: 2744: 2742: 2739: 2737: 2734: 2732: 2729: 2727: 2723: 2718: 2715: 2713: 2710: 2708: 2705: 2703: 2700: 2698: 2695: 2693: 2690: 2687: 2685: 2682: 2680: 2677: 2675: 2674:Individualism 2672: 2670: 2667: 2665: 2662: 2660: 2657: 2655: 2652: 2650: 2647: 2645: 2642: 2640: 2638: 2634: 2629: 2626: 2624: 2621: 2619: 2616: 2614: 2611: 2609: 2606: 2604: 2601: 2599: 2596: 2594: 2591: 2589: 2586: 2584: 2581: 2579: 2576: 2574: 2571: 2569: 2566: 2564: 2561: 2559: 2556: 2554: 2551: 2549: 2546: 2544: 2541: 2539: 2536: 2534: 2533: 2532:Laissez-faire 2529: 2527: 2524: 2522: 2519: 2517: 2514: 2512: 2509: 2507: 2504: 2502: 2499: 2497: 2496:Authoritarian 2494: 2492: 2489: 2487: 2483: 2477: 2474: 2472: 2469: 2467: 2464: 2462: 2459: 2457: 2454: 2452: 2449: 2447: 2446:Privatization 2444: 2442: 2439: 2437: 2434: 2432: 2429: 2427: 2424: 2422: 2419: 2417: 2416:Merchantilism 2414: 2412: 2409: 2407: 2404: 2402: 2399: 2397: 2394: 2392: 2389: 2387: 2386:Globalization 2384: 2382: 2379: 2377: 2374: 2372: 2369: 2367: 2364: 2362: 2359: 2357: 2354: 2352: 2349: 2347: 2344: 2342: 2339: 2337: 2334: 2332: 2329: 2327: 2324: 2322: 2319: 2317: 2314: 2312: 2309: 2308: 2306: 2302: 2298: 2292: 2288: 2281: 2276: 2274: 2269: 2267: 2262: 2261: 2258: 2250: 2246: 2241: 2236: 2232: 2228: 2224: 2220: 2216: 2212: 2211: 2206: 2202: 2197: 2193: 2189: 2185: 2181: 2177: 2171: 2167: 2163: 2159: 2155: 2151: 2150: 2145: 2141: 2136: 2133: 2127: 2123: 2119: 2118: 2098: 2094: 2090: 2084: 2068: 2064: 2062: 2054: 2047: 2041: 2034: 2030: 2027: 2026: 2019: 2012: 2008: 2005: 1999: 1991: 1987: 1983: 1977: 1973: 1969: 1965: 1961: 1957: 1956: 1949: 1941: 1935: 1924: 1917: 1910: 1899: 1892: 1885: 1874: 1867: 1860: 1854:, Inc., 1991. 1853: 1849: 1843: 1841: 1839: 1823: 1819: 1812: 1804: 1798: 1794: 1790: 1783: 1781: 1774: 1770: 1767: 1763: 1759: 1755: 1750: 1746: 1743: 1739: 1733: 1727: 1723: 1720: 1716: 1715: 1710: 1705: 1698: 1694: 1689: 1685: 1681: 1678: 1674: 1673: 1666: 1660: 1656: 1652: 1647: 1640: 1636: 1633: 1629: 1628: 1622: 1618: 1617: 1611: 1608: 1604: 1598: 1592: 1588: 1585: 1581: 1577: 1574: 1570: 1566: 1561: 1557: 1554: 1550: 1549: 1544: 1538: 1537: 1532: 1526: 1519: 1518: 1511: 1510: 1505: 1501: 1495: 1487: 1480: 1472: 1465: 1446: 1440: 1432: 1431: 1426: 1420: 1412: 1411: 1406: 1400: 1392: 1391: 1386: 1380: 1373: 1369: 1365: 1362: 1357: 1349: 1342: 1340: 1331: 1324: 1322: 1315: 1314: 1310: 1307: 1303:Smith, Adam. 1300: 1292: 1285: 1269: 1265: 1259: 1251: 1244: 1237: 1235: 1222: 1220:9781578517770 1216: 1212: 1211: 1203: 1196: 1194: 1181: 1179:9781578517770 1175: 1171: 1170: 1162: 1155: 1144: 1142:9781578517770 1138: 1134: 1133: 1125: 1109: 1105: 1101: 1097: 1091: 1075: 1074: 1073:The Economist 1069: 1063: 1056: 1052: 1049: 1045: 1044: 1039: 1035: 1030: 1022: 1018: 1014: 1010: 1006: 1002: 1001: 993: 986: 982: 978: 974: 968: 957:September 27, 953: 949: 943: 927: 926: 921: 915: 911: 902: 899: 897: 894: 892: 889: 887: 884: 882: 879: 878: 872: 870: 866: 861: 859: 855: 851: 846: 844: 843:Kuznets curve 840: 836: 835:human capital 832: 818: 806: 794: 784: 774: 772: 768: 767:working class 764: 758: 755: 753: 749: 745: 741: 736: 734: 730: 726: 722: 718: 705: 693: 679: 677: 673: 669: 665: 661: 659: 658:wealth effect 655: 651: 647: 646:present value 643: 639: 635: 631: 627: 623: 622:human capital 619: 615: 611: 607: 602: 600: 596: 595: 590: 586: 585: 580: 576: 575: 569: 567: 563: 559: 555: 554:wealth effect 551: 550:macroeconomic 546: 544: 543: 538: 534: 530: 526: 525: 519: 517: 513: 509: 505: 501: 497: 493: 489: 485: 481: 474: 470: 460: 451: 449: 448:Credit Suisse 445: 440: 438: 434: 425: 418: 415:Countries by 413: 407:Global amount 404: 402: 397: 396: 391: 390: 384: 380: 378: 374: 370: 366: 365:David Ricardo 362: 358: 356: 352: 348: 344: 340: 336: 332: 330: 325: 321: 316: 314: 309: 304: 300: 295: 293: 289: 285: 280: 276: 274: 270: 266: 262: 258: 254: 250: 246: 242: 238: 234: 229: 227: 224:and personal 223: 219: 215: 210: 208: 204: 203: 198: 194: 192: 188: 184: 183: 171: 162: 158: 155:This section 153: 150: 146: 145: 137: 135: 131: 130: 125: 120: 118: 114: 110: 104: 102: 98: 94: 90: 86: 82: 81:Indo-European 77: 72: 68: 64: 60: 57: 53: 49: 45: 41: 37: 33: 19: 3636: 3630: 3622: 3609: 3595: 3587: 3523:Philanthropy 3505: 3304: 3230:Distribution 3216: 3207:Robber baron 3116:Veblen goods 3111:Luxury goods 3100: 3091: 2987: 2827:Wage slavery 2781:Unemployment 2761:Productivity 2692:Philanthropy 2553:Mercantilist 2530: 2501:Conservative 2475: 2336:Deregulation 2297:perspectives 2295:Aspects and 2214: 2208: 2148: 2121: 2101:. Retrieved 2097:the original 2092: 2083: 2071:. Retrieved 2067:the original 2060: 2053: 2045: 2040: 2035:. UNU-WIDER. 2024: 2018: 2013:. UNU-WIDER. 1998: 1954: 1948: 1934: 1909: 1884: 1859: 1852:M. E. Sharpe 1847: 1825:. Retrieved 1822:Investopedia 1821: 1811: 1792: 1757: 1737: 1732: 1717:, 8(6), pp. 1712: 1704: 1692: 1670: 1665: 1646: 1625: 1614: 1606: 1597: 1568: 1546: 1534: 1525: 1515: 1507: 1494: 1485: 1479: 1470: 1464: 1452:. Retrieved 1439: 1428: 1419: 1408: 1399: 1388: 1379: 1371: 1356: 1347: 1329: 1304: 1299: 1290: 1284: 1272:. Retrieved 1268:the original 1258: 1249: 1243: 1233: 1231: 1224:. Retrieved 1209: 1202: 1192: 1190: 1183:. Retrieved 1168: 1161: 1153: 1146:. Retrieved 1131: 1124: 1112:. Retrieved 1108:the original 1100:Ihdp.unu.edu 1099: 1090: 1078:. Retrieved 1071: 1062: 1041: 1029: 1004: 998: 992: 972: 967: 955:. Retrieved 951: 942: 932:February 21, 930:. Retrieved 923: 914: 901:Working time 862: 850:Asia-Pacific 847: 828: 777:Distribution 759: 756: 737: 717:Social class 715: 662: 656:through the 617: 603: 593: 582: 572: 570: 552:theory the ' 547: 540: 536: 528: 522: 520: 516:distribution 487: 477: 457: 441: 430: 417:total wealth 393: 386: 381: 359: 354: 333: 317: 296: 287: 284:accumulation 283: 281: 277: 230: 211: 200: 195: 182:Homo sapiens 180: 178: 168:January 2019 165: 161:adding to it 156: 127: 121: 105: 100: 96: 67:transactions 51: 50: 48: 3589:Das Kapital 3458:by category 3180:Millionaire 3146:Billionaire 3104:(old money) 3101:Vieux riche 3095:(new money) 3086:Upper class 2946:Syndicalism 2866:Communalism 2731:Corporatism 2707:Rule of law 2654:Consumerism 2644:Advertising 2543:Libertarian 2521:Free-market 2491:Anglo-Saxon 2471:Wage labour 2421:Meritocracy 2371:Externality 2326:Competition 2103:January 22, 2073:January 22, 1972:10986/36400 1573:Description 1484:Nietzsche. 1469:Aristotle. 1430:India Today 871:worldwide. 654:consumption 566:consumption 504:liabilities 437:Tim Harford 257:real estate 241:liabilities 222:real estate 71:Old English 3661:by country 3610:Superclass 3255:Management 3065:Plutocracy 2835:Antithesis 2766:Prosperity 2741:Employment 2688:Mainstream 2679:Liberalism 2603:Regulatory 2578:Neoliberal 2526:Humanistic 2511:Democratic 2466:Regulation 2331:Depression 2287:Capitalism 2184:2008009151 1850:. Armonk: 1719:1095–1111. 1697:Free Press 1531:Adam Smith 1454:August 29, 1274:August 27, 907:References 869:tax havens 650:investment 589:Adam Smith 484:accounting 395:Grundrisse 369:John Locke 361:Adam Smith 269:businesses 251:; and the 197:Adam Smith 18:Wealthiest 3494:Affluenza 3385:Charities 3250:Inherited 3245:Geography 3200:Ukrainian 3070:Plutonomy 3060:Overclass 3055:Oligarchy 2941:Socialism 2916:Mutualism 2871:Communism 2841:Anarchism 2790:Criticism 2771:Syndicate 2506:Corporate 2461:Recession 2436:Oligopoly 2401:Invention 2192:750831024 1990:244394817 1742:Abstract. 1621:Abstract. 1509:Economics 1410:Bloomberg 1021:153759163 630:net worth 618:financial 599:Karl Marx 529:at a date 492:net worth 490:) is the 480:economics 308:net worth 303:ownership 288:abundance 233:net worth 117:community 109:normative 101:Net worth 85:economics 3678:Category 3656:Category 3270:Religion 3260:National 3235:Dynastic 3190:Business 3185:Oligarch 3173:Business 2995:Concepts 2986:Extreme 2568:National 2563:Monopoly 2516:Dirigist 2485:Ideology 2249:32561753 2203:(2020). 2029:Archived 2007:Archived 1923:Archived 1898:Archived 1873:Archived 1827:June 13, 1769:Archived 1756:, 1994. 1745:Archived 1722:Archived 1680:Archived 1677:Abstract 1635:Archived 1605:, 1902. 1587:Archived 1576:Archived 1567:, 1993. 1556:Archived 1545:, 1998. 1533:, 1776. 1364:Archived 1309:Archived 1226:April 4, 1185:April 4, 1148:April 4, 1114:July 14, 1080:July 14, 1051:Archived 987:. 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Index

Wealthiest
Wealth (disambiguation)
Wealthy (disambiguation)
Affluence (disambiguation)
Affluent (disambiguation)
valuable
financial assets
physical possessions
transactions
Old English
Indo-European
economics
growth economics
development economics
normative
ethical
community
United Nations
inclusive wealth
energy resources

adding to it
Homo sapiens
trading
hunter-gatherer
Adam Smith
The Wealth of Nations
utility
value
money

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