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The problem with the ultra-rich is not that it's hard to get there, but rather that it is possible. Nobody is personally worth billions, period. The fact that s
by palata 2y ago
The problem with the ultra-rich is not that it's hard to get there, but rather that it is possible. Nobody is personally worth billions, period. The fact that some individuals get there shows a flaw in the system.
The second thing that I wanted to say is that even though there are examples of originally not ultra-rich people becoming ultra-rich in the US (e.g. Zuckerberg and Besos), the likelihood of this happening is almost zero. Why is it that people keep hoping that it may happen to them? We should not build a system for a handful to become ultra-rich, but for most to live as well as possible.
- fragmede 2y agoThe underlying emotionally driven question is what did they do to deserve it. For all of the faults of Mark Zuckerberg or Jeff Bezos, I don't think I've ever heard of them being called lazy. Someone else getting ahead when they don't deserve it is universal. We get told life isn't fair and just accept it but I don't think I'm alone in never actually accepting it. So unfairness matters.