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What if the inequality we see today is a symptom of rising wealth across the board? If there is more wealth to go around, there is more chance a large portion
by yters 7y ago
What if the inequality we see today is a symptom of rising wealth across the board? If there is more wealth to go around, there is more chance a large portion of it gets into the hands of a few, due to the unequal distribution of talents.
- dictum 7y agoTalent isn't inherited, money is. Inheritance usually starts from birth, as children are raised on their parents' money, so they get superb schooling, opportunities to fail and learn, and entry to reserved clubs/credentials/connections, which can be mistaken for talent. (And for a nontrivial number of fields, talent is knowing the language of its business, more than creative output)
- yters 7y agoThat is not contrary to what I'm saying.