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> EU should maybe focus on like not having titled nobility and monarchy In Europe we have titles for show, in the US you don't have the titles but you still ha

> EU should maybe focus on like not having titled nobility and monarchy In Europe we have titles for show, in the US you don't have the titles but you still have the lords

whimsicalism 2y ago
In Europe, you have ultrawealthy families that have been wealthy for centuries - from the actual nobility days. The US doesn’t really have that at all, although our estate tax could certainly be much higher but it is still higher than in practice in Europe.
- lm28469 2y ago
  > In Europe, you have ultrawealthy families that have been wealthy for centuries - from the actual nobility days. > The US doesn’t really have that at all Of course, my local pub is older than your country, generational wealth isn't a thing in the US, as is generational anything What you have is multi billionaires buying their way into politics and getting in the government while no one ever voted for them
  - tmnvdb 2y ago
    This is such a weird stereotype. The US was declared in 1776. Obviously it has generational wealth. Unless you think everybody lives to be 300 years old.
- tmnvdb 2y ago
  This is a bit of a myth, most countries in Europe have better social mobility then the US, where people of different social classes are quite segregated. (Though as always, there is a lot of variation between countries.)
nickpp 2y ago
The "lords" in US (not all, but the great majority) are self-made and in the process of making themselves they created significantly more value for the society, which ended up benefitting most of us. The titles in EU are inherited or bought with inherited money.
- Tadpole9181 2y ago
  Are you seriously implying Donald Trump is self made? Seriously?
  - filoleg 2y ago
    One singular anecdote doesn’t say much about the overall state of things. I don’t think anyone in their right mind would claim in present day that Donald Trump became wealthy without receiving significant financial help/inheritance from his family.Of course there will be some people who are rich due to the wealth they inherited from their parents, that number will not be zero anywhere. There are multiple studies on this, but they all seem to converge on the number of around 80% of current millionaires in the US being first generation/self-made[0]. That is, the ones who didn’t receive an inheritance from their parents or other family members. It also shows some other interesting stats, such as “only 8% of those in the study attended prestigious private schools, with 62% attending state schools.” 0. https://finance.yahoo.com/news/79-millionaires-self-made-lessons-160025947.html https://finance.yahoo.com/news/79-millionaires-self-made-les...
  - nickpp 2y ago
    Of course not, not every single US billionaire is self made, just the great majority of them.
- tmnvdb 2y ago
  With all due respect, your idea of Europe seems to be about a 100 years out of date and based on period dramas.
  - HelloNurse 2y ago
    Their idea of USA seems even more out of date, and based on self-serving capitalist myths.
  - nickpp 2y ago
    Actually my idea of Europe is based on living in it (Eastern side, to be precise) and building and running startups here. My idea of US is based on living and working there (a while ago though) and (for the last 20+ years) watching powerlessly how more and more of the products and services I interact with and use every day are designed there (and often build in China) while the EU is becoming less and less relevant.

> EU should maybe focus on like not having titled nobility and monarchy In Europe we have titles for show, in the US you don't have the titles but you still have the lords

whimsicalism 2y ago

In Europe, you have ultrawealthy families that have been wealthy for centuries - from the actual nobility days. The US doesn’t really have that at all, although our estate tax could certainly be much higher but it is still higher than in practice in Europe.

lm28469 2y ago
> In Europe, you have ultrawealthy families that have been wealthy for centuries - from the actual nobility days. > The US doesn’t really have that at all Of course, my local pub is older than your country, generational wealth isn't a thing in the US, as is generational anything What you have is multi billionaires buying their way into politics and getting in the government while no one ever voted for them
- tmnvdb 2y ago
  This is such a weird stereotype. The US was declared in 1776. Obviously it has generational wealth. Unless you think everybody lives to be 300 years old.
tmnvdb 2y ago
This is a bit of a myth, most countries in Europe have better social mobility then the US, where people of different social classes are quite segregated. (Though as always, there is a lot of variation between countries.)

nickpp 2y ago

The "lords" in US (not all, but the great majority) are self-made and in the process of making themselves they created significantly more value for the society, which ended up benefitting most of us. The titles in EU are inherited or bought with inherited money.

Tadpole9181 2y ago
Are you seriously implying Donald Trump is self made? Seriously?
- filoleg 2y ago
  One singular anecdote doesn’t say much about the overall state of things. I don’t think anyone in their right mind would claim in present day that Donald Trump became wealthy without receiving significant financial help/inheritance from his family.Of course there will be some people who are rich due to the wealth they inherited from their parents, that number will not be zero anywhere. There are multiple studies on this, but they all seem to converge on the number of around 80% of current millionaires in the US being first generation/self-made[0]. That is, the ones who didn’t receive an inheritance from their parents or other family members. It also shows some other interesting stats, such as “only 8% of those in the study attended prestigious private schools, with 62% attending state schools.” 0. https://finance.yahoo.com/news/79-millionaires-self-made-lessons-160025947.html https://finance.yahoo.com/news/79-millionaires-self-made-les...
- nickpp 2y ago
  Of course not, not every single US billionaire is self made, just the great majority of them.
tmnvdb 2y ago
With all due respect, your idea of Europe seems to be about a 100 years out of date and based on period dramas.
- HelloNurse 2y ago
  Their idea of USA seems even more out of date, and based on self-serving capitalist myths.
- nickpp 2y ago
  Actually my idea of Europe is based on living in it (Eastern side, to be precise) and building and running startups here. My idea of US is based on living and working there (a while ago though) and (for the last 20+ years) watching powerlessly how more and more of the products and services I interact with and use every day are designed there (and often build in China) while the EU is becoming less and less relevant.