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MONEY ILLUSIONS
MEANING OF WEALTH
In material terms, wealth is the individual or collective accumulation of assets over time. In the context of this article, assets are items of value against which, in modern economic systems, monetary worth may be attached. These items may include land, structures built upon it, contents thereof and their applications towards management and accumulation of more wealth. They may also include objects perceived to be aesthetically precious, such as gold, diamond, pearls, and works of art of all kinds.
Other items of value may be ownership of stock in business enterprises, and possession of hard transactional cash both outside and inside the banking system. A summation of all the mentioned gives total wealth of the individual, organization, or nation concerned. When liabilities are subtracted, a net worth is derived. The higher the net worth of an entity, the wealthier they are.
In principle, material wealth ought to facilitate acquisition and provision of life’s basic needs and wants, and much more, for those in possession and management of it. When this happens, a state of opulence has been attained. The wealthy, i.e. possessors of net positive wealth, are defined as such because their wealth gives them almost unlimited possibilities to access and acquire as their needs, wants, and demands dictate. This is manifestation of power. As to the judiciousness of the wealthy’s use of power in society is another discussion outside the scope of this presentation.
Genuine wealth is, by definition, a functionally non-static concept eroded over time. A state of poverty is reached upon when time has, for any reason, eliminated the symbols of, and access to wealth and the benefits thereof accruing for the formerly wealthy.
Wealth is regenerative, self-sustaining, and seeks to perpetuate itself indefinitely, to the extent that natural and social forces permit. Social forces referring here to the mechanisms through which society is organized politically, economically, and culturally. The essence of wealth is growth, that with reference to quantitative and qualitative aspects of existence, for both the individual and society. This denotes progress, leading to overall societal development.
At my age, 57 years old, I have reached a stage in life where, with a mixture of wonder and sadness, I have watched my contemporaries go through the most amazing transformations in life. Some have died; others are dead-people-walking with terminal diseases, or pursuing life-style choices slowly but surely sucking the lives out of them. There are those who have lost, and are losing their loved ones in the same fashion.
Many others have been married and divorced at least once. A few have found more fulfilling lives after divorce. Others have lost their children and everything they had owned, including self-control contra temptations of the world. The latter lead miserable lives of constant searches for ever non-gratifying pleasures of life, also dying slowly inside.
Some of them have, with varying degrees of success, even been on the suicide path more than once before. Watching them go by their tragic lives, every day is like on a tick-tock-tick-tock time bomb rhythm. When the lethal explosion finally comes, I hope it’ll find each one alone in each their valleys of death. I hope further that they will finally find peace on the other side, if the other side does exist at all … (Continued in the book: “MACHONA BLOGS – As I See It”. Order Simon Chilembo books on Amazon)
Simon Chilembo
Welkom
South Africa
Tel.: +27 81318 5271
June 15, 2017
DONATE, SHARE, SACRIFICE
A DISCOURSE ON SACRIFICE
The difference between donation and sacrifice is the outcome of the trade-off between or among relative values. I donate excess value the disappearance or lack of which will cause no harm to, or reduce, my sense of self-worth and/ or well-being; I donate when “I got more than I asked for, (and) there ain’t nothin’ I need…”
When I by conscious choice or otherwise give away all or part of what I have of material and/ or subjective value for what I consider to be of greater good than my ego considerations, I make a sacrifice.
I share when I am indifferent to personal gain or loss to the extent that that which I endeavour to give a part of, or parts thereof, to someone/ others, or a cause is such that its value neither diminishes nor grows when I have, and hang on to it all by and for myself alone.
I donate, I share; and carry on with my life, living happily ever after. It is the application of sacrifice in practice which has been a major area of fascination in my youth and subsequent adult years.
We must have been in Form 4 (Grade 11) when one day in 1980 our then Chemistry teacher at Kamwala Secondary School, the ever affable Mr Mehta, brought an elderly visitor from India to our class. The latter gentleman not only came to greet us, but he gave us an inspirational talk about, if I recall, growing up, education, and leadership. I now understand that the man was a spiritual leader visiting some of his disciples in Zambia at that time.
I recall him emphasizing that we should take it for granted that we were all in the class going to be highly educated and influential in society as adults. He went on to say that we would fill up all key positions in all aspects of societal organization, as well as development. We were all going to be top doctors, engineers, scientists, business people, military generals, politicians, etc. And, given our potential future influence, owing to our apparent superior individual and collective brain power, we were all destined to be very, very wealthy. We would have the biggest houses, the flashiest cars, and the most beautiful families.
I have always been optimistic about a prosperous future full of all material trappings of financial success and power for myself. However, that day, I got this awesome mind picture of my classmates and I as having become the strongest and best ever rulers and power brokers of the world when grown up. The imagery was so intense and seemed so real that I to this day become hot and moist in my hands whenever I think about it.
I must have come to when I heard the Guru asked, “But what is all this education, wealth, power, and influence about then?”
I imagine that we were all so mesmerized by this man that no one in the class found the breath to say a word. He told us, I recall, that it was all about the responsibility to share with others who may not be as lucky and privileged as ourselves.
He went on to say that we in essence become educated, wealthy, and powerful in order to serve society, starting with our smaller family units and immediate communities. This is so, the man argued further that … (Continued in the book: “MACHONA BLOGS – As I See It”. Order Simon Chilembo books on Amazon)
SIMON CHILEMBO
Oslo
Norway
Telephone: +4792525032
June 17, 2012
(Dedicated to my Karate students everywhere)