See: casino capitalism, the takeover of speculative activities as dominant in the dynamics of money and wealth. Hard work and dedication is replaced by luck pot

See: casino capitalism, the takeover of speculative activities as dominant in the dynamics of money and wealth. Hard work and dedication is replaced by luck potentiated by diversification of investment portfolios. The analogy isn't perfect, since the system as a whole literally creates money so that you're actually playing on the house's side. But it gets at how the social, economic, and political forces drove us to where we are now. https://www.foreignaffairs.com/reviews/capsule-review/1986-12-01/casino-capitalism https://www.foreignaffairs.com/reviews/capsule-review/1986-1...