3 ms·
You're right that the hero worship doesn't make much sense as the economy for successful megaenterprise is a bit of a lottery. However, you very well could buil
by cosmojg 3y ago
You're right that the hero worship doesn't make much sense as the economy for successful megaenterprise is a bit of a lottery. However, you very well could build the next big thing today. We're literally having this discussion on a website owned and operated by a startup accelerator, the entire purpose of which is to provide a network for making business connections and accessing capital. Like Bezos and Musk, however, you're going to have to risk some of your own time and money if you want to get anywhere, and like their thousands of contemporaries who were trying to accomplish the same things they did, you're more likely to fail than succeed. It is truly a lottery, but that isn't what makes it unfair.
> In today's society, previous capital is the best predictor of success there is. Not intelligence. Not hard work.
Absolutely! However, those latter two things help a lot with generating the former, if not for yourself, then maybe for your children. Who knows, you might raise the next Bezos or Musk! Probably not, but maybe! At the very least, you'll throw money away helping your kid do something they enjoy.
Alas, it is inescapably true that money begets money, but that's why I emphasize a tax on zero-sum harm and hoarding (e.g., burning coal, buying land) to the benefit of positive-sum productive investment (e.g., taking risks, paying salaries).