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As already stated, Bill Gates and other billionaires are pretty irrelevant to this question. Nobody really cares what it takes to become a billionaire, almost n
by Grustaf 8y ago
As already stated, Bill Gates and other billionaires are pretty irrelevant to this question. Nobody really cares what it takes to become a billionaire, almost nobody will become one anyway.
What matters is if talent and hard work pay off, and they most definitely do. Yes it helps if your parents are rich, but that’s ususally because of _their_ hard work so that’s not really a counterpoint, and most successful people come from average backgrounds.
So yes meritocracy most certainly exists.
- YjSe2GMQ 8y agoIf you forget about the question of why is it that someone's parents are rich, parental socioeconomic status has comparable power in explaining children success as the child's IQ has. Reference paper: "Intelligence and socioeconomic success: A meta-analytic review of longitudinal research", Tarmo Strenze.
- bigj0n 8y agoA big problem with critics of inheritance in capitalism is that people don't see family for what it is. If your parents work hard and want to give you opportunity, they are entitled to do so. The meritocracy is applied over generations.