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"The neutral position is that people who are better at something even by relatively small amounts will receive outsized rewards for it. Are you trying to claim
by nickpsecurity 10y ago
"The neutral position is that people who are better at something even by relatively small amounts will receive outsized rewards for it. Are you trying to claim that people are not legitimately better than others at a variety of activities?"
One consequence of the system is that people born to wealthy family with a trust fund get money they did nothing to earn. They were simply born to a family with money. The people managing their fund will work to ensure the money keeps coming in or grows. The beneficiary can use that money to all kinds of advantages.
Receiving more and more of the pie isn't happening because the beneficiary is better. It's happening because the system is structured to move that money toward the beneficiary. We could also move it somewhere else (eg taxes), make beneficiary work for it (eg incentivize helpful investments), or some other tradeoff.