Is there a relationship between economic growth and national character?

Question

Real development requires real (useful, productive) work (performed by people with character and self-respect)

Real work is usually but not always rewarded by a token called "money"

Money circulates but there are ways that money can generate money without real work

This creates a false sense of growth and deterioration of real productivity

Somewhere down the line money lost what it was originally meant to represent

Then the bubble bursts one day and we have a depression and we all repent and get back to the grinding stone again

How's that for a theory?

Answer 1

Sounds like Marx's work on commodities.

He said that value is added to raw materials only by labor. Capital has no influence on actual value.

My favorite example of this is:

If you are a machinist, what is more valuable: a bar of gold, or a tool?

Of course the tool is more valuable because it allows you to add value to raw materials (work). The gold is useless in the machinist's hands, and it should be given to those who can use it purposefully.

In our economy, gold is valuable simply because it is valuable because it is valuable because it is valuable...etc (and SHINNY!).  And in my opinion, luster is no basis for economic trade.

Answer 2

There have been a lot of civilizations on Earth since mankind appeared. There´s an interesting theory that says that economic growth above average cannot be done without conquering other countries or declaring successful wars. This civilization we´re now in, will end someday but all of us think that our culture is superior to civilizations in the past. So far historians are still asking themselves how that civilizations could vanish and national character is never a cause.

Answer 3

Not like any theory I was ever taught but I think you may be on to something...except in your theory does Wall Street really repent?

Answer 4

Yes, of course there is a relationship.

-as a person gains respect they tend to become arrogant/prideful and that negatively impacts their character

-if you initially have good character you are more likely to become successful

Answer 5

The answer to your question is in a quotation and hypothesis/theory of Dr. Singh on, 'Human Nature and Development', as below,

"The real; strength, development, progress and contributions of a; person, relationship, friendship, household, community, country and mankind is in the person/people and that in turn is especially rooted in the true (not false, egotistic and or hypocritical); values/ethics, education and character. Short of that all is; lack of development, destruction, violence and chaos.

In support of this hypothesis, there are innumerable examples both in the past from time immemorial and/to (in) the present, at all levels of society, i.e., from an individual to the country and global level.

Intellectuals, economist and scientists in general have totally ignored this 'human nature's and  Natures' profound principle and fact of human existence and cyclical development and destruction from the level of an individual, relationship, friendship, household, community, country, civilizations, and mankind."

Hope that answers your question and helps.

Answer 6

Sounds like you've been making homemade nitroglycerin in your basement.

Answer 7

We are slowly growing into a selfish, greedy nation, we want ours first.

What we have  is our to keep, if you want some you have  to work  for it and stop being so lazy. My talents are mine and not to be shared with you. You don't have skills or talents it is because you are not a nice  person like me!

You can have a depression if you want too   but I won't because I have skills and talents and saved my money and given it away to people like you!!

Answer 8

Is thier any relationship to your education and the clothes you wear that may attract .