| ▲ | ho_schi 5 days ago | |||||||||||||||||||
At the point with investment I was lost. Children should learn to be patient (saving money) and prepare for bad situations (saving money). That’s enough. When older we can teach them what capitalism considers as investment. Capitalism is a longer word for greed. Money doesn’t work. Employees do. Customers pay. Both suffer to make greedy persons rich. Give them a piggy bank. Teaches the concept of preparation.  | ||||||||||||||||||||
| ▲ | kmijyiyxfbklao 4 days ago | parent | next [-] | |||||||||||||||||||
Even saving can be seen as greed. Someone can focus too much on accumulating for themselves. Both investing and saving can be seen as preparation. To avoid things becoming evil, you just need to make sure that your interactions with other are cooperative and not zero sum, and not all investments are zero sum.  | ||||||||||||||||||||
| ▲ | kccqzy 4 days ago | parent | prev | next [-] | |||||||||||||||||||
You say "when older we can teach them what capitalism considers as investment" but you never specify the age. What exactly counts as older? My mom started telling me about how the new home we just moved into was both a place to live and also an investment at age 8. My dad started telling me about his brokerage account when I was 7. My dad also explained to me why the new car we just bought was not an investment when I was 6. That's to say, I strongly disagree. It's almost never too early to teach this to children. As soon as children know money could be spent on exchange for things, they should begin to think about how money is made.  | ||||||||||||||||||||
| ▲ | nxor 5 days ago | parent | prev | next [-] | |||||||||||||||||||
I mostly agree but greed is a part of human nature is it not?  | ||||||||||||||||||||
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| ▲ | triceratops 4 days ago | parent | prev [-] | |||||||||||||||||||
> Money doesn’t work. Employees do. Customers pay. Both suffer to make greedy persons rich. I don't want to work until I'm dead. If that makes me greedy, so be it.  | ||||||||||||||||||||