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>They're pointing out that the success for kids born into wealth is typically attributable to family money. That's pretty obvious to me, it wasn't obvious to y
by googletazer 10y ago
>They're pointing out that the success for kids born into wealth is typically attributable to family money.
That's pretty obvious to me, it wasn't obvious to you?
I don't think any of the newly rich, such as say - Zuck were hiding these facts. Zuck went to Harvard, an elite school, and got 100k from the bank of mom and dad to work on his own thing.
The issue is that this data doesn't filter to the masses. Since it doesn't filter to the masses we now have a cult of "entrepreneur porn" where anybody can grab themselves by the bootsraps and become the new Zuck. I think with a little reflection most people know that this is false, however they've deluded themselves otherwise.
- bduerst 10y agoIf it's obvious to you, then why did you go off topic about parents' intentions with their kids? The article is about how having safety nets only for wealthy children leads to a net loss of talent in society. What does "entrepreneurship porn" now have to do with this?
- googletazer 10y agoBecause in my mind "entrepreneurship porn" is still relevant to this article, by pushing people who should know better than to take a risk when they can't afford to, into risking their livelihoods for uncertain gains. In an ideal world every kid can be what they want to be, but in this one its good to know your limitations as well.
- bduerst 10y agoThat seems to be an issue you've come up with on your own, because nobody is being pushed into entrepreneurship here. In fact, the article states that without a safety net, talented people aren't taking the risks that can generate a net benefit for society.
- int_19h 10y ago>> That's pretty obvious to me, it wasn't obvious to you? There are literally dozens of "how to get rich" books, that are actually "why it's your fault that you aren't rich" books in disguise, which try to explicitly disprove that statement. So yes, apparently, to a lot of people, it's not actually obviously true. See also: https://en.wikipedia.org/wiki/Just-world_hypothesis https://en.wikipedia.org/wiki/Just-world_hypothesis - one of the biggest sources of suffering in the world.
- rbanffy 10y ago> There are literally dozens of "how to get rich" books, that are actually "why it's your fault that you aren't rich" books in disguise, which try to explicitly disprove that statement. Do they succeed?
- int_19h 10y agoSucceed in disproving? That's debatable. I would say no, many others would disagree. Succeed in selling the book and making some decent profit for the author? I think so, judging by the sales figures.