At the point with investment I was lost. Children should learn to be patient (saving money) and prepare for bad situations (saving money). That’s enough.
When older we can teach them what capitalism considers as investment. Capitalism is a longer word for greed. Money doesn’t work. Employees do. Customers pay. Both suffer to make greedy persons rich.
Give them a piggy bank. Teaches the concept of preparation.
Even saving can be seen as greed. Someone can focus too much on accumulating for themselves. Both investing and saving can be seen as preparation.
To avoid things becoming evil, you just need to make sure that your interactions with other are cooperative and not zero sum, and not all investments are zero sum.
I mostly agree but greed is a part of human nature is it not?
I don't know, is it? It seems natural - after all, animals are selfish and will put themselves first to survive.
... but then again, animals also rape and murder each other. Is rape a part of human nature? I don't know, but I know we don't want it.
People keep repeating this. But why is it people’s nature. Maybe it is learned, because everyone keeps repeating this phrase!
Capitalism itself is a rather modern idea around 1800. And greed is maybe rooted in human nature, within the need to keep a buffer of food.
But we’ve brains and are social entities. I don’t think greed is necessity. But greed of other harm our needs. And we need to get greedy to get enough?
Examples: I want a nice bicycle. I need small house or nice flat. I enjoy good food from time to. I’m rather sure I don’t need a super-yacht, no swimming pool and no villa. I think stuff which I cannot keep myself clean is too much. If I cannot keep it clean myself it was greed?
But we’ve big dreams?
For the big dreams I would probably consider a cooperative society. These airliners are so expensive and suffer from not being used. Sharing them would be nice? Like…like owning airline stocks. Without the enforcement to gain money. Maybe some people enjoy flying it around, other maintaining it and others care about safety and passengers. Others maybe want fly to the moon. And others enjoy ships. Maybe sharing them deliberately makes sense?
You say "when older we can teach them what capitalism considers as investment" but you never specify the age. What exactly counts as older? My mom started telling me about how the new home we just moved into was both a place to live and also an investment at age 8. My dad started telling me about his brokerage account when I was 7. My dad also explained to me why the new car we just bought was not an investment when I was 6.
That's to say, I strongly disagree. It's almost never too early to teach this to children. As soon as children know money could be spent on exchange for things, they should begin to think about how money is made.
> Money doesn’t work. Employees do. Customers pay. Both suffer to make greedy persons rich.
I don't want to work until I'm dead. If that makes me greedy, so be it.