Extend Rich
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Does wealth only extend as far as monetary value?
Is it possible for a person to be rich whilst still having very little money?
What does "rich" actually mean?
Yes, wealth is much more than simply money or cash or savings. Wealth includes property, especially productive property, what Marx and others called the "means of production"- the mines, factories, ports, banks, and transportation infrastructure that are used with human labor to make useful objects or services. People who own the means of production are truly wealthy! They are called capitalists. Their productive assets can make lots of cash for them, and if they are smart they turn that cash into capital of productive wealth. Then they can also translate their wealth in the means of production into political power, social prestige, or other high standing in society.
Other forms of wealth can also include a mastery of technique or knowledge or skill. These people can translate their skill into money, power or prestige too.
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