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Your comments about rich families ignore completely the effect of status in life. Knowledge alone does not generate wealth. That needs work directed in the righ
by justinhj 11y ago
Your comments about rich families ignore completely the effect of status in life. Knowledge alone does not generate wealth. That needs work directed in the right direction which is also a lot easier if you have the society connections and the capital to pull off your ideas. The rich get richer because they can invest and buy successful businesses. Sending your kids to Eton to rub shoulders with royalty has far more to do with status than education.
- guimarin 11y agoWhile I agree with you, your point is ultimately a semantic difference and not related to the parent discussion on how to fix education. Certainly 'status' defined this way is a necessity of being rich but not sufficient. Being an autodidact is both necessary and sufficient for long-term multi-generational success. eg. 2 generations can live off the fruits of one, but then you're out. whereas if you teach your kids how to learn on their own, you can sustain quite easily for many.