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The Guardian - UK
The Guardian - UK
Politics
Letters

Trickle-down Truss and the wealth creation myth

Liz Truss
‘So-called wealth creation should be called out for what it is, not lauded and encouraged.’ Photograph: AP

George Monbiot calls for inspiring alternatives to the current disastrous ideology (Trussonomics is a fanatical, fantastical creed, and the last thing Britain needs, 17 September). A good place to start might be to finally dispel the convenient myth that amassing a lot of money is the same as creating wealth. To “make” lots of money basically involves taking bits of money from lots of other people, by fair means or foul.

Wealth, on the other hand, is at its root “created” by using the resources of the Earth – whether that be the soil, plants, trees, water, rare minerals or hydrocarbons – and combining that with leveraging the differences in socioeconomic expectations between different social groups/countries.

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