peter lang

‘hard work, entrepreneurism and success’

What rot! That is Bunkum Success Mythology 101.

Most of the people I've known or encountered who are poor are the very people who made the ‘mistake’ of following the first two pearls of wisdom on your list – i.e. hard work and entrepreneurism.

They comprise the sad and sorry ‘8’ in that old standard reality statistic that goes: 8 OUT OF EVERY 10 BUSINESSES FAIL.

Behind every ‘Closing down sale’, there is more than likely a bankrupt and broken family and often a bitter divorce as well. Behind every ‘mortgagee sale’, there is more than likely a failed business. And all the hard work in the world counts for nothing when a supermarket chain moves into town and drives Main Street out of business or a technological innovation comes out of nowhere and makes the business you built up over 20 years obsolete overnight.

We only hear about the entrepreneurial success stories, because they are the poster children for capitalism. The infinitely more numerous entrepreneurial failures are often too ashamed and guilt-ridden to speak of their experiences. As with the rest of the culture, they blame it all on themselves.

The people I know and have known who are wealthy are NOT, and have never been, entrepreneurs – hard working or otherwise. They belong to one or more of the following categories:

• They were born into wealth (or the comfortably well-off) – and all the education advantages, good connections and family capital support that goes with it.
• They are high salary earners – especially the traditional professions like law, medicine, architecture and engineering.
• They inherited wealth, especially as they got older.
• They worked a long time for employers that looked after them well.
• They married into wealth.
• They won a Lottery.

"Don Argus is a member of the Bank of America Global Advisory Council, chairman of the Bank of America Merrill Lynch Australia advisory board and director of the Australian Foundation Investment Company. He is the former chairman of BHP Billiton and Brambles, and a former chief executive of National Australia Bank."

Now that's a CV!.

Furthermore, read this and appreciate the value of his advice compared with the sort of advice Labor and the Greens seek and accept (mostly from the unions and single issue groups.)

"Debt of a thousand cuts to stifle growth"
http://www.theaustralian.com.au/national-affairs/opinion/debt-of-a-thousand-cuts-to-stifle-growth/story-fnmgoavr-1226929204257

Excerpt:

"... how do we minimise distortions from tax? Tax systems are important in how capital is allocated in an economy, and for too long we have had a piecemeal approach to tax reform. I am cognisant of the political challenges but, equally, the necessity of recalibrating tax systems to be more efficient and effective, and therefore supportive of growth, should be a priority.

Compared with other developed economies, Australia’s tax burden falls disproportionately on high-income individuals and corporations.

This may seem ideal for a progressive nation, or ideal if Australia were the only country in the world. However, it is not, and the high-income individuals, including senior managers, leading professionals and business owners and corporations may well consider moving to other locations that have a much lower personal and corporate tax rate if we do not make this issue a comparative advantage at least."

I AGREE/WITH KILERBLARNEY[damm caps]

dons/quote.<<..I could match his account..of things with others,..and I guess many of us could.>>

YES/THE SUM/TOTAL/OF\..ALL OUR LIVE/IS ONLY KNOWN...BY GOD

<<..The young people.*least likely..>>

i missed that..LEAST/LIKELY..BIT..mainly cause i never heard of a thing called uni..

anyhow/'*least*/ikely..<<>.to go to university,..<<..are?..>>..were the children of British migrants...>>

yeah/they did the portering/uNION STuff..PLUMBERS/ELECTITIONS
RESPECTABLE JOBS... even bult power/water/road/port systems/but never heard of univbersities/they lived in slums[on the other side of the tracks...in bif city slums/NOW IN INers-city sunerbia..[deserts of suberbia..[often called small rown rural..

<<>The next group, the biggest, w..ere the Australian-born of Australian-born...>>

in the armed forces..amd in commerce
publiC-SERVANTS DOctors/accountants

<<>>All other groups, all children of migrants, had higher proportions, Indians, Chinese and Vietnamese the highest of all.>>

DIPLOMATS/DUEL PASSORTT HODERS SEATS FORMING peerr groups law/banking public trough licking

<<..And they were in the faculties..whose graduates go to high-paying professional careers....Tells you something.>>

it all does don..but the rich earned the kids they get/got
most as useless as snot..[only valued by the ton.]

but there are those/WHO WILL ONLY BE ABLE TO LEARN/LIMITED USE
these need be entertained cheaply/but effectively..not savagely.not by patriarchal threat/enforcement/rule regulation/blind obedience/govt should be the mother we all deserve//but few got.

hence the karma
a world full of faulse gods up to our knees in their snot.

Southern man better keep your head
Don't forget what your good book said
Southern change gonna come at last
Now your crosses are burning fast

I saw cotton and I saw black
Tall white mansions and little shacks.
Southern man when will you pay them back?
I heard screamin' and bullwhips cracking
How long? How long?

These are the words to the first two verses of Neil Young’s song “Southern Man” referring to slavery in the cotton fields of what now is the USA. Although the context is different I believe the same situation exist globally and in this country.

The reality still exists where the wealth makers are relegated to little shacks and the wealth takers live in tall white mansions. Instead of whips, debt is used.

You might want to listen to the song:

http://www.youtube.com/watch?v=kVRxdPWV3RM&feature=k

oh/dearproducer..a/pro=duction..indeed

introducing..THE.COMPANY MAN..
works for/the..company
shops..in the company store/
..lives out..his life on..corporate-tic.

o prefer/
the chanty/working..for the grand man

Lyrics/to\..Working..For The Man

*(Hey,..now]..,

you better listen..to me..now..everyone\of you
We got...a lotta,..lotta,..lotta,..lotta..[unpaid]-work..to do.

Forget about..your woe*0'men..and..that/watering-can
Today..dear laddy/and ladies..were working..[24/7]..for..the man

Well,..pick up/your feet,..we've got..a deadline to meet
I'm gonna see..you make it..on time..[THIS TIME]..
Oh,..don't..YOU/relax,...I want elbows..and backs
CARRYING SACKS../,/..MOREOVER..I wanna see..everybody..from behind

Cause..NOW/..DEAR VERMIN..your working..for the man,
a'working..WORKING..JERKIN..YA SOUR GER*KING..for the man

You gotta make him...TAKE/HIM/BREAK HIM..
WITH..a hand..[when..you're working/jerking..for the man]

Oh,well,..WERE-IN/HELL..I'm picking..em up..and
..I'm laying em down..I believe..he's gonna work me...into the ground
I BOB..to the left,..I Weave..to the right
I THROW OUT..THE LEFT/
AS RE CHUCKS OUT..THE RIGHT
I oughta..kill him..but it wouldn't..*be right

SAD/CLAUSE...Cause..Im working..for..the man,
[WHO/HIDES HIS GOLD..IN THE COMPANY..TRUST FUND..HOW..DO I KNOW..CAUSE ME..MAN..

IM WORKIN..jerking-gherkin
just working..for..the man

Gotta make him..a grand,[understand]
cause..i got no say..in it..and hes not..paying for me..cause..a'rr yeah..i,..indentured/enslaved/by debt..dont let/me forget..im working for the man..making real..his plan-man..understand?

Well,..the boss man's..daughter..sneaks me..her-water
Everytime her..daddy's...down the line
She says,..meet me tonight,\..love a'me right
And everything..is gonna be fine...[but what..to tell her....mum..happy Valentine..mum?]

So I slave..all day..without much pay
Cause..I'm just...abiding my time
Cause the company/trust..and the daughter..you see
Their both gonna be..all mine...[not hers..not yours..now im the new master/get-back..to your chores...its/mine\now..not yours.

Yeah,..[im..a dreamer]..dreaming..I'm gonna/be the man,
self hypnosis..fructosis..[a delusion]..understand?

yeah yeah yeah..I'm gonna..be the man
she loves..you..yeah yea yea..eh

but for..now i..gotta stop dreaming
get back to screaming and scheming..as Gotta make..him a hand..if I'm gonna be..his little- man

yep/yes'em..sa..yeahhh//im big john//big bad john
Working for the man,..a'working..for the man..now tote that bail
pull..that barge..or we run..ya out on/a short rail.or bond-you/under..terms/bail.

i can..do that dude//why..cause im..walking yes indeed and talking
like..you and me..hoping the job..comes back to me..just put his member..into my hand/..under stand

Gotta make..him a hand
cause im your..daddies..handy cany
dandy candy..man..just a..'working..for the man

[These are Working..For The..neo-Man Lyrics]
http://www.lyricsmania.com/

addition/by johans guides.
copy write..2 olo..unless removed..[improved]

Nothing but self serving tripe from a rich parasite.
They all say they "work" so hard and "take risks" but what a load of BS.
It is the bloke down the mine or cleaning the dunny or running a few sheep who works hard. They are the ones taking risks. Risks with their health, their families, their life.

The reason the filthy rich pay the majority of tax is that they have the majority of wealth. Wealth stolen from those who did the real work digging or building or just slaving for these greedmongers that dont pay anywhere near the same percentage of their income as normal people do. Billionare miner pays 2% struggling baker pays 25%. Strange definition of equal you richers have.

The difference between a newborn packer or murdick and a newborn runner or hasbeen is what we are talking about when we speak of inequality. No one can tell me that they are going to have the same chances in life and the same opportunities to succeed. This is the nub of what inequality is about not some fairy story about AFL teams and blokes with containers of chairs.

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