3 ms·

Why so much resentment for those with rich parents?. A genetic endowment of intelligence and conscientiousness is also a stroke of luck, There's a good chance

Why so much resentment for those with rich parents?. A genetic endowment of intelligence and conscientiousness is also a stroke of luck, There's a good chance that his regressed-to-the-mean progeny will avail some of that financial fortune and social capital in getting ahead.

mwerty 18y ago
Luck has nothing to do with it. The point was that we'll have a better society when we filter aggressively for morons. Wealth playing a role in the selection process weakens our ability to do that.
- ChaitanyaSai 18y ago
  The author bemoans the fact that he was handicapped in his early life by his unlucky (un-wealthy) circumstances. Being born into money, or with a good intellect, sporting ability, or looks (to name a few other valued traits), that isn't luck? Being born into money is somehow different from the others? Wealth is a proxy for one of the other talents. Wealth has always played a role in our selection process. Smarts, at some point, lead to an accumulation of wealth. Wealth signals, a lot more often than not, good genetic material that was awarded in previous iterations. Wealth offers the carriers of this material a better chance at survival, even if the current generation has regressed to the no-good-frat-boy mean. And if the chances are not availed, wealth is squandered in a few generations. The idea that the wealthy, but dumb get a free ride, ultimately jeopardizing the entire system is foolish. There will always be smart people around to either guide them and their finances for a percentage, or fleece them and penalize them for their ignorance. Enron filtered aggressively for morons. A fat lot of good it did them. A society is only a larger collection of vested interests.
  - mwerty 18y ago
    The author may bemoan it and may secretly (or openly) want all the unfair advantages he can get but that has nothing to do with the point he is making regarding meritocracy. It may be completely unfair that you are born super-capable but society does better when you get ahead in life because of it.
    - ChaitanyaSai 18y ago
      "It may be completely unfair that you are born super-capable but society does better when you get ahead in life because of it." I agree, and say the same about being rich and providing capital to the smart, or passing it on to your own progeny who stand a relatively better chance of ending up with the "good, success determining, bouquet of traits.
      - MaysonL 18y ago
        Ah - but the argument is that society would be better off with a real meritocracy rather than the current wealth-distorted one. Not to speak of a society where everyone was given the opportunity to succeed as thoroughly as possible. "No Child Left Behind" - really.
  - prospero 18y ago
    Money hasn't existed long enough for it to have any hand in human evolution. Social and economic Darwinism don't describe the real world, they describe how some people feel the real world should operate. Furthermore, the fact that inherited wealth is a longstanding tradition isn't a qualitative judgment one way or another, post facto rationalizations notwithstanding. Not everything that's existed for a long time is necessarily some happy equilibrium that benefits all sides.
    - ChaitanyaSai 18y ago
      Money is a proxy for other evolutionary factors. Is there are a good reason to disagree with this? Money by itself does not promote the well being of its holders, the underlying factors do. Lottery winners squander theirs within a few years, let alone a generation. Observing that money is a proxy for many desirable traits, and helps, and has helped, in bettering survival chances is not social Darwinism. To assume that the unintelligent wealthy are somehow more lucky, and that morons must be filtered out is. Inherited wealth is much a tradition in the same way gestating your young (outside of the womb) is. Happy equilibrium or not, that is the way culture and nature have co-transformed, and determining the causative reasons is not necessarily blind Darwinism. Here's a statement: On average, the wealthy are smarter, prettier, and taller, than the not-wealthy. Do you disagree with that? Or do you agree, but attribute the correlation to happenstance?
      - MaysonL 18y ago
        I agree, but the correlation also applies to adopted children of the wealthy. Would you attribute that to happenstance, or dispute it? The children of the wealthy are also richer than the rest of the population. Would you dispute that?
      - prospero 18y ago
        Money is a proxy for other evolutionary factors. Is there are a good reason to disagree with this? Yes, there is: wealth doesn't imply a greater number of offspring. Survival is a relatively low economic hurdle, as is raising and nurturing children. By asserting any real similarity, you're conflating survival with some modern concept of success. Here's a statement: On average, the wealthy are smarter, prettier, and taller, than the not-wealthy. Do you disagree with that? I agree that wealth is a social signal. It might even imply things that aren't immediately apparent (though you'll know someone is tall and attractive before you'll know they're rich, most of the time). But even the facile comparison of a peacock's feathers and a rich person's designer clothing doesn't really hold water in my mind. I think a lot of our evolutionary urges might be sublimated in our struggles for success, but that doesn't make them the same things.
  - trevelyan 18y ago
    Most social organizations filter for other criteria, and tell successful applicants they are screening for intelligence. No different than looking for "rock stars" and telling them they're genuises.
prospero 18y ago
Intelligence is a capacity, not a trait. You don't get opportunities in life simply because you're smart, you get them because you've built upon your intelligence, applied it, and in some way proven yourself. Inherited wealth exists irrespective of effort.
- ChaitanyaSai 18y ago
  "Inherited wealth exists irrespective of effort." I look at it from a pan-generational perspective. If the correlation of your habits/traits/capacities with those of your progeny was purely random, then yes, your progeny has lucked into wealth. What if I assume a significantly greater-than-chance correlation? Then, your offspring can be considered to be minor perturbations of yourself, now attempting to continue success in the same or other fields. If, you agree, that these capacities are inherited, then you must answer why giving these lucky offspring an advantage is bad.
- nihilocrat 18y ago
  > You don't get opportunities in life simply because you're smart, I really wish I knew this earlier. For a significant part of my adolescence, even through part of college, I believed intelligence alone would prove your worth. Now, I feel like people think you're actually dumb if you don't have a list of major accomplishments in your wake; you tend to get that feeling when interviewing for a job.
  - davi 18y ago
    Sounds like you're getting to an age where people expect your intelligence to have panned out productively in some way or another.

mwerty 18y ago

Luck has nothing to do with it. The point was that we'll have a better society when we filter aggressively for morons. Wealth playing a role in the selection process weakens our ability to do that.

ChaitanyaSai 18y ago
The author bemoans the fact that he was handicapped in his early life by his unlucky (un-wealthy) circumstances. Being born into money, or with a good intellect, sporting ability, or looks (to name a few other valued traits), that isn't luck? Being born into money is somehow different from the others? Wealth is a proxy for one of the other talents. Wealth has always played a role in our selection process. Smarts, at some point, lead to an accumulation of wealth. Wealth signals, a lot more often than not, good genetic material that was awarded in previous iterations. Wealth offers the carriers of this material a better chance at survival, even if the current generation has regressed to the no-good-frat-boy mean. And if the chances are not availed, wealth is squandered in a few generations. The idea that the wealthy, but dumb get a free ride, ultimately jeopardizing the entire system is foolish. There will always be smart people around to either guide them and their finances for a percentage, or fleece them and penalize them for their ignorance. Enron filtered aggressively for morons. A fat lot of good it did them. A society is only a larger collection of vested interests.
- mwerty 18y ago
  The author may bemoan it and may secretly (or openly) want all the unfair advantages he can get but that has nothing to do with the point he is making regarding meritocracy. It may be completely unfair that you are born super-capable but society does better when you get ahead in life because of it.
  - ChaitanyaSai 18y ago
    "It may be completely unfair that you are born super-capable but society does better when you get ahead in life because of it." I agree, and say the same about being rich and providing capital to the smart, or passing it on to your own progeny who stand a relatively better chance of ending up with the "good, success determining, bouquet of traits.
    - MaysonL 18y ago
      Ah - but the argument is that society would be better off with a real meritocracy rather than the current wealth-distorted one. Not to speak of a society where everyone was given the opportunity to succeed as thoroughly as possible. "No Child Left Behind" - really.
- prospero 18y ago
  Money hasn't existed long enough for it to have any hand in human evolution. Social and economic Darwinism don't describe the real world, they describe how some people feel the real world should operate. Furthermore, the fact that inherited wealth is a longstanding tradition isn't a qualitative judgment one way or another, post facto rationalizations notwithstanding. Not everything that's existed for a long time is necessarily some happy equilibrium that benefits all sides.
  - ChaitanyaSai 18y ago
    Money is a proxy for other evolutionary factors. Is there are a good reason to disagree with this? Money by itself does not promote the well being of its holders, the underlying factors do. Lottery winners squander theirs within a few years, let alone a generation. Observing that money is a proxy for many desirable traits, and helps, and has helped, in bettering survival chances is not social Darwinism. To assume that the unintelligent wealthy are somehow more lucky, and that morons must be filtered out is. Inherited wealth is much a tradition in the same way gestating your young (outside of the womb) is. Happy equilibrium or not, that is the way culture and nature have co-transformed, and determining the causative reasons is not necessarily blind Darwinism. Here's a statement: On average, the wealthy are smarter, prettier, and taller, than the not-wealthy. Do you disagree with that? Or do you agree, but attribute the correlation to happenstance?
    - MaysonL 18y ago
      I agree, but the correlation also applies to adopted children of the wealthy. Would you attribute that to happenstance, or dispute it? The children of the wealthy are also richer than the rest of the population. Would you dispute that?
    - prospero 18y ago
      Money is a proxy for other evolutionary factors. Is there are a good reason to disagree with this? Yes, there is: wealth doesn't imply a greater number of offspring. Survival is a relatively low economic hurdle, as is raising and nurturing children. By asserting any real similarity, you're conflating survival with some modern concept of success. Here's a statement: On average, the wealthy are smarter, prettier, and taller, than the not-wealthy. Do you disagree with that? I agree that wealth is a social signal. It might even imply things that aren't immediately apparent (though you'll know someone is tall and attractive before you'll know they're rich, most of the time). But even the facile comparison of a peacock's feathers and a rich person's designer clothing doesn't really hold water in my mind. I think a lot of our evolutionary urges might be sublimated in our struggles for success, but that doesn't make them the same things.
- trevelyan 18y ago
  Most social organizations filter for other criteria, and tell successful applicants they are screening for intelligence. No different than looking for "rock stars" and telling them they're genuises.

prospero 18y ago

Intelligence is a capacity, not a trait. You don't get opportunities in life simply because you're smart, you get them because you've built upon your intelligence, applied it, and in some way proven yourself. Inherited wealth exists irrespective of effort.

ChaitanyaSai 18y ago
"Inherited wealth exists irrespective of effort." I look at it from a pan-generational perspective. If the correlation of your habits/traits/capacities with those of your progeny was purely random, then yes, your progeny has lucked into wealth. What if I assume a significantly greater-than-chance correlation? Then, your offspring can be considered to be minor perturbations of yourself, now attempting to continue success in the same or other fields. If, you agree, that these capacities are inherited, then you must answer why giving these lucky offspring an advantage is bad.
nihilocrat 18y ago
> You don't get opportunities in life simply because you're smart, I really wish I knew this earlier. For a significant part of my adolescence, even through part of college, I believed intelligence alone would prove your worth. Now, I feel like people think you're actually dumb if you don't have a list of major accomplishments in your wake; you tend to get that feeling when interviewing for a job.
- davi 18y ago
  Sounds like you're getting to an age where people expect your intelligence to have panned out productively in some way or another.