2497

nuff said

you are viewing a single comment's thread
view the rest of the comments
[-] Landrin201@lemmy.ml 21 points 1 year ago

I think they're just brainwashed by our capitalist system which says that if a person is wealthy it's because they worked for it and we're successful. We are indoctrinated from very young ages to believe that capitalism is a strict meritocracy where only the best, most intelligent, most deserving people become wealthy.

In reality most wealthy people inherited some or most of their wealth, and used that inherited wealth to create more wealth- because it turns out that once you are wealthy it's really easy to get more wealthy. They aren't wealthy because they are skillful or intelligent or good at business. Most of them are good at precisely one thing: giving some of their money to a professional who knows how to grow it so that they will never run out.

Then they throw money at whatever catches their eye, and when you have billions to throw around you can cast a very wide net that will almost certainly catch something.

this post was submitted on 15 Jul 2023
2497 points (97.9% liked)

Technology

59861 readers
2940 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS