Just Be Rich
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Just Be Rich
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Re: Just Be Rich
#2The author says that middle-class incomes have dropped since the 1980s, but the associated graph:
(1) is pertaining to wealth, not income.
(2) shows that middle-class wealth has increased since the 1980s, not "decreased"
Re: Just Be Rich
#3What's the solution then?
Re: Just Be Rich
#4A very well thought out and articulated essay. Essential to get the billionaires of the pedestal that they have perched on.
Put your money where your mouth is and fund the wealth tax.
Personally, I vehemently disagree with the 10x programmer narrative in IT. It fuels " management provides more value than replaceable workers". If there were no workers, then management is just sitting there coming up with random ideas. Everything else is management lingo which is fine and good but we all have 24 hours in a day. One thing doesn't make you more valuable than the rest.
Re: Just Be Rich
#5What's the solution then?
Although the author is being sarcastic, but the solution is to "just be rich, already"
Re: Just Be Rich
#6The author says that middle-class incomes have dropped since the 1980s, but the associated graph: (1) is pertaining to wealth, not income. (2) shows that middle-class wealth has increased since the 1980s, not "decreased"
I read that graph very differently than you.
Re: Just Be Rich
#7A lot of people who are just as smart and motived as Elon Musk or Steve Jobs will never be able to start their own companies and get rich.
Because they have family obligations that take priority.
Because they live outside high-income countries.
Because they have no access to support network, so when they fail, they fall all the way to bottom.
Because they may have made a crippling mistake in their pasts that now prevents them from reaching their full potential.
And so on and on. While I would still recommend everyone to pursue the dreams over never trying to do so - being poor is the single most powerful force that prevents people from doing that.
Re: Just Be Rich
#8The author says that middle-class incomes have dropped since the 1980s, but the associated graph: (1) is pertaining to wealth, not income. (2) shows that middle-class wealth has increased since the 1980s, not "decreased"
Good attempt to use semantic confusion to distract from the point, but his main thesis that 'the rich are getting richer and the poor are getting poorer' stands up to your points.
Re: Just Be Rich
#9> Of course the Gini coefficient is increasing. With more people starting more valuable companies, how could it not be?
By taxing people properly?