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Agreed, and I also think this investment/lottery/entitlement mindset is toxic because it devalues the actual work. Human progress, our progress, comes from the
by mickronome 8y ago
Agreed, and I also think this investment/lottery/entitlement mindset is toxic because it devalues the actual work.
Human progress, our progress, comes from the work being done, not the money that can be made from it.
While money also end up funding other work, it's blindingly clear through the distribution of money and the proliferation of various speculation markets, that actually doing work to earn money is almost seen as 'earning' it in a roundabout way.
All you really need to do if you have real money, is to do nothing at all. Because while you can earn even more by doing something, even absolutely safe positions will get you a higher lifetime income increase than the average worker can expect over their lifetime.
It's simple math that shows how extremely we've devalued work, and I believe it has a negative effect on lots of things, some that might even too obvious to be visible at all.
- throwaway2048 8y agosee also the financialization of the economy, where money chasing money is far far more valuble than building actual real things, in the real world.