Wealth
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- Parts 25
Ongoing1h 42m
Last published Tue, Dec 30, 2025
Almost everyone on the planet is five times wealthier than their ancestors only 50 years ago. This astonishing phenomenon has also improved health, education, and longevity. The average life span increased from about 40 years to more than 80 and the average world income from less than $3 to more than $33 per person per day (and to $140 per day in some countries).
The cause; an explosive growth in ideas and productivity. Of all work in 1850, 80% no longer exists. Think of electricity, railways, automobiles, aircraft, satellites, radio, telephones, cell (mobile) phones, TV, computers, the Internet and nuclear power.
Today, each farmer in the USA feeds 300 people whereas 200 years ago 4 out of 5 Americans worked in agriculture. In 1900 farm workers were still 40% of the work force; while in 2016 they were less than 2%.
Bill Gates and Paul Allen started the Microsoft Corporation in 1975 thereby creating three billionaires and about 12,000 millionaires among Microsoft employees. $1000 worth of Microsoft (MSFT) shares in 1986 were worth $2,800,000 in 2025.
In 2016, shares of Nvidia (NVDA) were $1.32 adjusted for stock splits. In 2025 one share could be sold for $170. A $1000 investment in 2016 would have returned about $129,000 in 2025.
Okay, so how do you start GETTING RICH?
It is very simple. Few of us have the talent or tenacity to start a new business, but now it is easy to buy publicly traded shares of businesses that grow steadily and create wealth in the process. You might as well buy a small share and watch it grow.
Get rich slowly by investing a regular amount of your income in a diverse range of companies and re-investing all interest, dividends and capital gains and holding for many years.
You will first need to choose an on-line stock broker and set up an account. They all operate much like banks as they are legally required to know their clients and must report to government tax collectors on any income to your account.
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economics
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About 1.5 billion years ago, the single-celled eukaryotes became the common ancestors of all multicellular plants, animals, and fungi. Fish evolved a primitive lung sac and four limbs, 350 million years ago, so they could crawl between fresh water swamps. About 250 million years ago, the ancestors of all mammals, were tiny nocturnal insectivores and, about 6 million years ago, we began walking on two legs. The most recent Ice Age (2.6 million to 12,000 years ago), severely reduced rainfall in Africa, where Homo habilis was evolving. In Homo erectus (1.9 to 0.5 million years ago), cranial capacity increased to between 850 and 1000 cm3 implying the phenomenal increase of 125,000 more neurons with each generation. Between 70 and 50 thousand years ago, Homo sapiens spread out from east Africa. Then, about 20,000 years ago, evolution made a sharp change in direction. After 250 million years, we ceased to be hunter gatherers. The Neolithic Revolution meant we could never go back. WHO THE HELL ARE WE? is a series of short books and videos describing the evolution of civilization. Almost everyone on the planet is five times wealthier than their ancestors only 50 years ago. This astonishing phenomenon has also improved health, education, and longevity. The cause; an explosive growth in ideas and productivity. It began when we learned to control fire, evolved articulate speech and stumbled onto the way to create infinite wealth; free trade. The discovery of agriculture made us richer but we also learned how to destroy wealth. Great civilization grew up but then disappeared leaving only incredible ruins and ideas. Later books detail some of the ideas and developments that increased the average life span from about 40 years to more than 80 and the average world income from less than $3 to more than $33 per person per day (and to $140 per day in some countries).
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