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> Do you think the rich are rich for no reason at all? No, social immobility and generational wealth transfer. > That their rewards are unfair? Often, yes.
by hhmc 5y ago
> Do you think the rich are rich for no reason at all?
No, social immobility and generational wealth transfer.
> That their rewards are unfair?
Often, yes.
- Dig1t 5y agoI think it's sort of unfair to reduce the whole argument to a one-liner like that. Sure, many people do take advantage of generational wealth, setting your children up for success is a basic human impulse. There are also a ton of data supporting the case that actually a huge percentage of successful/wealthy people did not get that way through generational wealth but in fact, just worked hard (also luck plays a factor). Also, yes the rewards are unfair, life is extremely unfair pretty much all of the time.
- hhmc 5y ago> I think it's sort of unfair to reduce the whole argument to a one-liner like that. My answers had a commensurate level of respect to the questions.
- oldcigarette 5y ago>muh generational wealth Gone in two or three generations - irrelevant to policy decisions. Handing out these (false) mental crutches is unproductive and just creates resentment in the wrong places. Some people take a risk and are rewarded for it. Some people just work hard. Some people got a shit hand. You come across as one of those load voices clamoring for some policy without any appreciation for nuance.