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Does any one know what the book says?
Yes, it says, 'don't buy depreciating assets' and 'buy things that appreciate in value, opposed to blowing all your money on consumer items.'
If that sounds like advice you've heard before from many other places, it's because it's not new, it was just wrapped in a good title. It's astonishing how much a book with a good title can sell if it lands just right.
(Relatively) benign example: Mark Manson's "The Subtle Art of Not Giving a F*ck". Basically a summary of the greats of philosophy and psychology, age old but often solid advice, brings nothing new to the table, but repackaged as a blunt chat with your bro / self-help book so it's quite accessible. Padded out and repeats itself like most self-help books because $$$, sometimes contradicts himself, 8 million copies sold.
Bad example: Peterson's "12 Rules for Life". Same as above, but overly wordy because the author's vain, includes stuff like long discredited Jungian crap and religious nonsense, more egregious elementary mistakes, and mixed with his own stupid political opinions. Part of the alt-right pipeline. 10 million copies sold.
Honestly, I think schools should force kids to read Marcus Aurelius' Meditations and have a discussion on that.
Or maybe I should rewrite Meditations, title it "The 13 Rules of a Roman Emperor: How to Stop Giving a Shit and Live a Fucking Good Life." Adjust the vocab to that of a 13 year old and perhaps have a picture of Marco Aurelius chopping someone's head off on the cover.
Should probably write it under a pen name too. Lance Powercock, John Steel, Max Iron, Peter Powers, something like that.
e: Dick Hardy, Hank Killjoy, Vance Strongfist, Sebastian Steelsword, Roger T. Ripper, ...
Why bother with a book? What you've described was the structure of a dozen "documentaries" created for Netflix last year.
Beef Slamchest, Blast Hardcheese, Slab Bulkhead, Butch Deadlift, Bolt Vanderhuge, Flint Ironstag, Bob Johnson... Oh wait.
You make me laugh.
https://youtu.be/2mlf-spczXA?si=M7lmX5-Ra2Ne6CLy
My Chuck Tingleverse officially licensed rpg character Bigfoot Buckaroo is not an author. He's a Bigfoot Buckaroo. I thought I was clear.
Years ago, I read it up until the point that he described his "wallet" endeavor.
He decided he was going to sell shitty velcro wallets. So he got some factory in SE Asia or China proper to manufacture them for pennies, and he sold them for dollars. As I recall, he was proud of how low paid the labor was.
So just like every other cockhole who thinks they're "self made," he started with money, used that money to exploit far away people with less power than him, and sold a product that nobody needs to people who could have spent their dollars on something more useful.
Of course, whatever substantial money he ever made was from the book. Just another scammer.
First of all, the people who bought his wallets thought the wallets were useful. Maybe you would have spent the money differently, but people are free to spend their own money how they want. They decided they did need a new wallet, and his was available at a price they thought was fair.
As for the people making the wallets, it may be hard to believe, but it could be that working in a factory making wallets was a major improvement to their lives. A few years ago, Planet Money did an episode where they talked to a couple of women working in a T-shirt factory in Bangladesh, making $3 a day. For them it's a step up from the lives they would otherwise have led. They came from a village where they lived in a hut with a dirt floor and were often on the verge of starvation:
The differences in their lives are largely due to being able to work in the garment factory. It arrived a bit too late for Minu who was married off to someone who was effectively a bum. Her younger sister Shumi got to avoid being married off and lives a life of relative freedom:
But, her sister was young enough to have other options:
Don't get me wrong, I'm sure working in a garment factory in Bangladesh is a brutal job. It's a job no Westerner would be willing to do, even at the Western minimum wage(s). But, for some people, life before those jobs was even more bleak.
And, even better, sometimes the money flowing into a country doing things like garment work enables the country to improve its education system and emerge from poverty. Many of the countries that used to be used for garment manufacturing are no longer viable because the minimum wage workers will accept has gone up so much that it's no longer profitable to make the garments there. That's a great thing, it means their economies are so strong that they've moved on to better things.
The prime example of that is Taiwan, which was a garment manufacturing hub starting in the late 60s, but today is the world's source for computer chips. That wasn't the result of benevolent moves by corporations or rich Westerners to build up Taiwan. It was just that labour costs in Taiwan were initially low enough that they were a good source for low-skill labour. That meant money flowed into the island. It was invested in smart ways, and today it's a country with a very high quality of life.
There are a lot of problems with capitalism, but it tends to move money from rich areas to poor areas. And, many of the systems that were in place before capitalism resulted in much worse lives for the least powerful.
This is an excellent rebuttal, but to add, humanity has lifted a record amount of people out of poverty. Those people who are no longer poor are the ones who have jobs westerners would never do. There's no substitute for economic forces for moving money around the world and improving people's lives.
That is the common defence for sweatshops. However this argument is not without its flaws.
Since the cost of manufacturing is so unreasonably low, companies in developed country in general can afford a living wage and reasonable safety conditions with minimal impact on the price of consumer goods.
Yet, most companies are not doing that because that would mean having a slightly less generational wealth for their shareholders, which is obviously unacceptable /s.
Just because capitalism improved the life of some people, it doesn't mean there is no more ethical alternatives. In fact, we are already seeing the shift of manufacturing moving to country and factories that are willing to guarantee basic worker's right. It is important for us not to revoke progress and go back to sweatshops.