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When an upper class mind is a derivative of "old money", they will naturally be less creative than their forefathers. This idea affected Ludwig Wittgenstein, an
by smelter 5y ago
When an upper class mind is a derivative of "old money", they will naturally be less creative than their forefathers. This idea affected Ludwig Wittgenstein, and is the reason the richest man that ever lived (Rockefeller) would not buy Christmas gifts for his offspring.
When arbiters of economic gain birthright are handed the dividend generating assets of yesterday, without sufficient character-building world experience [0], useful creativity development (naturally possessed by the starving artist) will be stunted, and their blue chip asset portfolio will begin to include the "basic needs of the worker" - economic proxy wars of the free market conducted with existing supplies of citizen prerequisites like housing, education, and healthcare.
This is part of the reason Elon Musk is one of the darlings of the Internet - fresh, unconventional enterprise development, dodging traditional hedge (synonym for protection/security/safety) fund procurement. A portfolio absent of the soybean futures, railroad ownership, hospital shareholder spreads (fueled by things like artificially priced $10 Advil capsules), guaranteed road-tire decay dividends, pipeline infrastructure, et al that make up the core Maslow's hierarchy "operational cost" of the productive worker. He is instead situated on the front-lines of R&D progress which require the aforementioned preliminary basic services & goods to keep employed minds healthy enough to produce or gather high-hanging fruit.
The natural duty that falls into the dividend collecting "hands" of the few million >2nd generation resource commanders dispersed across the planet (whose own base hierarchy needs are equal to everyone else) is meant as hiring/guiding "fuel" to determine which citizens are being allowed access to industrially produced basic goods stored in warehouses, and skilled services of other citizens as described in the article, so that they may carry on with the specialized skill set for which they are selected. This sacred dispatch duty is what drives the discovery of new industries and the continued propagation of civilization.
Adam Smith suggested that the gluttony of the rich serves to feed the poor. (Although symptoms of poorly raised nobility include the perils of pride, envy, wrath, lust, sloth which could trickle down throughout their legions as wasted labor).
"The rich ... consume little more than the poor, and in spite of their natural selfishness and rapacity, though they mean only their own conveniency, though the sole end which they propose from the labours of all the thousands whom they employ, be the gratification of their own vain and insatiable desires, they divide with the poor the produce of all their improvements. They are led by an invisible hand [emphasis added] to make nearly the same distribution of the necessaries of life, which would have been made, had the earth been divided into equal portions among all its inhabitants, and thus [unintentionally] ... advance the interest of the society, and afford means to the multiplication of the species. When Providence divided the earth among a few lordly masters, it neither forgot nor abandoned those who seemed to have been left out in the partition. These last too enjoy their share of all that it produces. In what constitutes the real happiness of human life, they are in no respect inferior to those who would seem so much above them. In ease of body and peace of mind, all the different ranks of life are nearly upon a level, and the beggar, who suns himself by the side of the highway, possesses that security which kings are fighting for."[1]
[0] https://youtu.be/TnXwGZuyTZI?t=213 https://youtu.be/TnXwGZuyTZI?t=213
[1] https://en.wikipedia.org/wiki/Invisible_hand#Other_uses_of_the_phrase_by_Smith https://en.wikipedia.org/wiki/Invisible_hand#Other_uses_of_t...