Distruzio wrote:Vazdaria wrote:
Think of it like this: Sam Walton made his fortune without actually producing anything. His "product" was a system for distribution of products already made. He was not a man born into significant wealth. He saw an opportunity in the market - he saw a potential for financial gain that would have immense potential economically. He developed a way to put as many products as possible on as many shelves as possible for as many consumers as was possible. He was an entrepreneur.
Without the potential for social mobility, he never would have earned enough money to finance the expanding empire that WalMart was to become. He would have been stuck with a few lonely stores.
How many fewer people would have benefited from the cheaper products his more efficient system created?
We're not speaking about a complete lack of social mobility though. We are talking about reduced or diminished social mobility.




