I would go on to say is that levels of trust, for the mutual economic and social benefit, need to be dramatically decreased across the board. No credit card chargebacks, no ACH, use of escrow for all non-trivial transactions, improved methods for identity verification, and overall teaching people that they should not try to "build reputation" or rely too much on someone's reputation: reputation is just a metric, and every metric is a hackable metric. Relying on it only makes you a victim of someone who is better at gaming the system.
Survey shows people no longer believe working hard will lead to a better life
321–330 of 715 posts
Re: Survey shows people no longer believe working hard will lead to a better life
#322Earlier quoted context omitted.
The immigrants who come to the US are, by and large, already relatively wealthy. Especially if they come here with the capital to start a small business, or to send their children to medical school.
Can you provide stats to back this up? Many come here as refugees or cross the border illegally from very poor countries.
Re: Survey shows people no longer believe working hard will lead to a better life
#323I have a small company, dealing with high tech stuff, and yeah...
If i got thaxed at the same rate as eg. Amazon is, i'd be totally rich... like really really reach... currently i make about as much as an engineer in a 'better' startup here.
We have large companies that don't pay taxes at all, and owe the government millions, and nothing... we hear about them on the news, there are talks... If I don't pay taxes one month, I get a reminder, the next day, they take away their money from my bank account, and if they can't, they leave my accounts closed, so I can't do business.
Covid help? Good luck.
...
There are many many cases, where hard workers and small business owners (i'm talking about mom-and-pop businesses, not 100+ people) would have a better life, if they were treated the same as facebook/amazon/... are. But the governments let the "big players" get away with murder, and then bother the small businesses, because their automatic hand sanitizer dispenser has a too-small label with sanitizer specifications/contents, even though the label was literally ripped off the hand-pump bottle, which would be ok if it was still on the bottle instead of the automatic one.
Re: Survey shows people no longer believe working hard will lead to a better life
#324Earlier quoted context omitted.
>> What would you tell this to someone who wasn't born into wealth or opportunity? You're pretty much screwed, don't bother? I think it's better to be realistic about your chances and it may help to drive the political discourse into the right direction as well. After all this is a political issue. In the end as others have said here it's more important to have a balanced, happy life and good health than to chase the…
> After all this is a political issue. It's really not. Hard work does lead to a better life. It's fulfilling in its own right, at least for me. That's why I go to the gym and push myself regularly. If I loaf around all day, I don't feel well. I find meaning and satisfaction from being productive or putting in effort. It's not only societal but biological. Things are harder for some people, sure. But for children, th…
Re: Survey shows people no longer believe working hard will lead to a better life
#325Earlier quoted context omitted.
Working as a plumber, an electrician, or a carpenter can be quite lucrative, and they are certainly things that society needs. I hear this kind of thing, but I have to say it is less than convincing when most of the people saying it don't seem to be sending their kids to trade school.
Well, my logic is: if you go to university (ideally STEM) and have a modicum of practical skills, how hard really is it to become a plumber later in life? I'd imagine plumbing studies are shorter, some stuff you can probably transfer over from your university studies and you can probably apprentice reasonably easily somewhere.
Re: Survey shows people no longer believe working hard will lead to a better life
#326Earlier quoted context omitted.
Post-scarcity cannot come fast enough; the (external) need to work hard should just die in a fire.
It never actually seems to come though. I wouldn't count on it. I believe that getting something for nothing is usually not sustainable. Just because you serve no purpose to those giving the things away for free. Something will give (some type of resource constraint will arise, even if it is just competitive/alternatives) and it will fail if you are not providing value.
Re: Survey shows people no longer believe working hard will lead to a better life
#327Starting conditions (where one was born, levels of wealth and opportunity there, one's parents' education and jobs) are shockingly predictive about an individual's future. Hard work leading to social mobility has always been the exception, not the rule. Most will not beat the odds since if they did, those wouldn't BE the odds. A lot of us are just so deluded by survivorship bias borne of listening only to success sto…
How much social mobility we talking? Statistically nobody goes from trailer park to billionare by working hard. You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. edit: I'm only talking about the US
My hypothesis is that working hard can move you a few deciles on the income ladder (and position your children to start from higher up the ladder than yourself).
I also think though that people misestimate the slope of the income curve at various points, and that it becomes exponentially harder to get up the curve in the top quartile (I.e. going from a ~$30k (~25th percentile) to ~$60k (~50th percentile) to ~$120k (~75th percentile) to ~$500k (~99th percentile))
Lastly, I generally don’t see people that are not hard workers advancing (perhaps they might not advance as much as they should or would like) but I definitely see them make marginal progress vs people who haven’t worked as hard
Re: Survey shows people no longer believe working hard will lead to a better life
#328At the same time opportunities are getting more and more scarce as wealth is getting distributed between a smaller set of people.
People can be fooled, but not all the time.
Re: Survey shows people no longer believe working hard will lead to a better life
#329Earlier quoted context omitted.
> has been built upon slavery, colonialism and/or cheap imported labour As far as I understand, this is actually a myth - at least the first two. It's a common cynical refrain that the current level of abundance would be impossible without slavery. There are many many places where there has been slavery throughout the years, and they have not ended up richer for it. The American South, where slavery was more prevalen…
Slavery engenders a culture of self-righteous laziness and entitlement in the slave owners and cynicism and internalized oppression (a “chip on their shoulder”) in the slaves. Both of these persist for many generations post slavery. We are still dealing with them in the form of everything from police violence to far right and far left performative extremist ideologies re-enacting the drama. I disagree with the people…
Re: Survey shows people no longer believe working hard will lead to a better life
#330Earlier quoted context omitted.
> You have very, very, good odds of doing better than your parents if you manage to get to age 25 without incurring a felony record, addiction to something that will likely kill you or too many child support payments. That is a laughably low bar, and it is unlikely for the trend you are describing to continue past the move from poor to lower middle class. In a fair society, with equality of opportunity, it should be…
>>In a fair society, with equality of opportunity, it should be equally likely for a child born in a trailer park to become high income earner as it is for Bill Gate's child. That is the normal social mobility we should expect in a democratic society with no class structure. We are so laughably far off from this everywhere in the world... Every time I make this argument on HN I'm met with two responses 1) I worked my…
Hardly anyone who has done well wants to accept this reality. They would have to change their perception not just of the world, but of themselves. They might feel very guilty, and people don't like that feeling.