tag:blogger.com,1999:blog-4163876234969175446.post6823899395539391038..comments2024-03-22T10:56:23.359+02:00Comments on Land and People: The entrepreneurial fallacyRami Zuraykhttp://www.blogger.com/profile/14644937988631864952noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4163876234969175446.post-39664880167238630272011-06-03T11:48:58.829+03:002011-06-03T11:48:58.829+03:00It's a great article, and I agree with Orr, bu...It's a great article, and I agree with Orr, but where I'd take issue is with the definition of 'wealth'. I think she'd be more accurate if she said banks create money or currency. As a letter in today's Guardian points out, wealth can only come from real-world resources, usually the various physical products of the land. We shouldn't be confusing money with wealth - the two are not synonymous. And one of our fundamental problems in these times is that money has become detached from real-world wealth: hence the spiralling amounts of paper (or electronic) money in the world even as the natural resource base of our wealth is depleting.Gavinnoreply@blogger.com