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A high-paying job in finance or tech is not what rich means. Rich means ownership and rent-seeking. It means dominating some part of your culture to the extent
by TheOtherHobbes 3y ago
A high-paying job in finance or tech is not what rich means.
Rich means ownership and rent-seeking. It means dominating some part of your culture to the extent that you can force your will and desires on significant numbers of people - often against their personal interests.
One of the best examples is the health insurance industry, which bankrupts half a million Americans every year - usually people who have been paying insurance premiums for decades, but their money is somehow channelled to shareholders instead of providing care when they need it.
If you're not profiting from an operation like this on a mass scale, you're not truly rich.
- trollerator23 3y ago> A high-paying job in finance or tech is not what rich means. > Rich means ownership and rent-seeking. Huh? No it doesn't.
- Neil44 3y agoRich is a subjective term but your definition of it is strangely unusual and specific.
- PH95VuimJjqBqy 3y agomost likely because they resemble the more general understanding of the word rich.
- tekla 3y agoMaybe on Hacker News, but not in the real world.