| Mouth-Offs | Finacial outlookMoney has always ruled the world. When Rome ruled the world, it was the wealthiest city. Kings and emperors were always the richest people in their countries, and the US now leads the world as the richest nation in the world.
The easiest way to make money for 1000’s of years was to own the strongest military. A strong military could invade an area and steal their wealth and protect the riches it already siezed. Since the best way to make money was to steal and protect, societies were organized around the military. Governments and religions supported the army by making the image of God authoritarian and making the military leader the head of government.
In the 1700’s a new way to earn wealth began to emerge in earnest. Companies created products which added more value to society more quickly than armies could steal from neighbors. At the same time, the cost of fighting a war became more and more expensive. Currently war is extremely costly, while starting a company with funding has never been easier.
As a result, the power of armies, governments, and ancient religions are in decline, while banks, companies, business people, and markets are taking over. Arrogant politicians are regularly humbled by market corrections while non-political non-violent business people are becoming the wealthiest most powerful people in the world.
People complain about money ruling the world, but the best way to make money is to honestly and legally develop a popular product at a low cost and distribute it efficiently to the masses. Compared to the ancient method of supporting a dictator to invade a foreign land, free markets with thriving businesses are a much better world order.