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When I first spoke about investment, I did not mean the narrow meaning you've understood. I was talking about why people are poor and I discussed consuming resources versus using them to produce more resources.

Ok, but in that case, most poor people simply don't have much to invest in themselves. Most of their efforts are consumed each day in just getting a living (by implication: most people are poor).



That's not true. We were all poor once. Yet here we are. I grew up poor myself.

Where people are not free, where the government or thieves take their resources, they cannot accumulate anything. And in countries that are still largely poor, that is exactly what happens.

But, when people are able to escape these countries to where they can be free, they are then free to improve their situation. And many do.




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