What is wealth, as seen by the Reality Goggles?
Wealth, as seen by the Reality Goggles, is a compressed form of the net work done by other individuals (we are omitting the person possessing the wealth because he is the one to be discussed). (In practice, the net work compressed in a piece of wealth can be estimated by tracing the hours of work that went into it at every stage, i.e. from its raw material to its final form, along with the expertise that each of these hours required.)
Wealth consists of money, real estate, food reserves, livestock, crops etc. (with money being one of the most highly compressed and mobile forms).
Now we will understand the association of wealth (components of wealth) with the work done to achieve or maintain it. Money will be discussed later, as it needs some detail.
From Responsibilities for the Wealth.
Wealth, as seen by the Reality Goggles
The measure as written
The rule of RESPONSIBILITIES FOR THE WEALTH:
"An individual must consider wealth as a compressed form of the net work done by other individuals, which must be returned to the society one way or the other to maintain a balance in the society."
Under the heading "Wealth, as seen by the Reality Goggles", wealth is defined and the measure given:
Wealth, as seen by the Reality Goggles, is a compressed form of the net work done by other individuals (we are omitting the person possessing the wealth because he is the one to be discussed). (In practice, the net work compressed in a piece of wealth can be estimated by tracing the hours of work that went into it at every stage, i.e. from its raw material to its final form, along with the expertise that each of these hours required.)
and names what wealth consists of:
Wealth consists of money, real estate, food reserves, livestock, crops etc. (with money being one of the most highly compressed and mobile forms).
and, for real estate, the work compressed in a building:
The work done to produce building material as well as the labour assigned for construction collectively constitute the net work done (here the whole work done by the individuals to produce building material as well as construction is compressed in the form of a building).