201–210 of 245 posts
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Career prospects are another axis I would say.
That's just money with extra steps.
Say you go broke or get divorced or whatever, the experience and connections help you get back on your feet.
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Ok, so capitalism isn't your thing. Fair enough. I wonder where the limits are though. What if I save up and take a month off? Is that immoral? What about 6 months? A year? Or do I have to have some justification for it that you find acceptable (like having kids or mental health, etc?) Or is it just immoral to not be constantly working while other people are working?
To a first approximation, you work for one hour, you get to consume stuff that requires one hour of work to produce. I don't care if you work your ass off for some time and then retire early or if you work very little or very much as long as your consume at most a proportional amount.
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Want to know something weird? A convenience store or liquor store is much more likely to be robbed than a bank.
That isn’t weird at all. A residential home is also more likely to be robbed than Fort Knox. It goes back to the required preparedness of the robbers. Either way, I wasn’t the one who picked the example. Seth didn’t ask “should a liquor store employee be payed more than a bank teller”. Which wouldn’t be a good example either, as we’d be comparing too many different axis.
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I would have paid double my taxes over my career if the US would spend it on elevating the poor. But asking me to not retire, to give away my savings to very few people? What, that’s not ethical. What if I made a lot, but spend very little? Shouldn’t that weigh in, if your issue is consumption level? What if in my early retirement, I go around lifting people up in non-monetary ways? What if my job earned me a lot of…
My point is very simple and we do not have to discuss all the edge cases. Working x hours and consuming stuff that took y hours to produce where y is much larger than x is unjust. All the rest are details.
I've finished my machine, and it can make 16 widgets in 8 hours as long as I turn the crank. So I sit and turn the crank for 8 hours a day and make 16 widgets. Am I immoral yet? I just doubled my productivity for the same amount of work.
Now I pay someone to turn the crank for me. They work 8 hours and I give them 8 widgets, and I keep the other 8. They are doing the same 8 hours of work that I was doing, and I do nothing but make sure they keep turning the crank.
Am I immoral now? Why? I built the machine and I get 8 widgets a day out of it, the same amount I got when I was building them by hand. The crank turner also gets 8 widgets in 8 hours, the same amount I was producing by hand.
So the crank turner does less work for the same output, I do no work for the same output. But both of us have the same resources as my competitor who makes 8 widgets by hand.
Is it moral for the crank turner to exchange their 8 widgets for his? What about me?
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My point is very simple and we do not have to discuss all the edge cases. Working x hours and consuming stuff that took y hours to produce where y is much larger than x is unjust. All the rest are details.
I make widgets. I work 8 hours and make 8 widgets. In my spare time I make a machine to make widgets for me. I've finished my machine, and it can make 16 widgets in 8 hours as long as I turn the crank. So I sit and turn the crank for 8 hours a day and make 16 widgets. Am I immoral yet? I just doubled my productivity for the same amount of work. Now I pay someone to turn the crank for me. They work 8 hours and I give…
Great that you reduced the need to work. You are a hero to society.
Not great to use that as a reason to control others.
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I make widgets. I work 8 hours and make 8 widgets. In my spare time I make a machine to make widgets for me. I've finished my machine, and it can make 16 widgets in 8 hours as long as I turn the crank. So I sit and turn the crank for 8 hours a day and make 16 widgets. Am I immoral yet? I just doubled my productivity for the same amount of work. Now I pay someone to turn the crank for me. They work 8 hours and I give…
In the first case no, in the second yes. Great that you reduced the need to work. You are a hero to society. Not great to use that as a reason to control others.
This article is pretty shallow and sounds a lot like the people on Reddit calling for the removal of billionaires and how its the fault of the rich that they are struggling without acknowledging the amount of work it takes to become rich. The same people that minimize what people like Musk have accomplished. If I get paid more, I work harder. There is obviously a realistic limit on how hard I can work. The longer I s…
> The same people that minimize what people like Musk have accomplished. Oof, I agree in general with what you're saying but Musk is a bad example. His companies have been successful in spite of him, rather than because of him.
Even if Neuralink and Boring company are not profitable, the sheer scale and potential of the ideas are incredible. I understand why people don't like Musks opinion on many things but to infer that he has somehow become the richest man in the world by accident is disingenuous.
I thoroughly dislike Trump as a person and know that much of what he accomplished was given to him. Even with that said, the guy is successful and became the 45th president of the United States and has a cult like following in a good portion of the US. I have no issue acknowledging his success despite my personal objection to him in general.
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Thanks! It looks like I can safely retire in `null` years! I'll put the champagne on ice.
It looks to be inflation adjusted, so null means never since your safe withdrawal rate will always be less than expenses.
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Likely this is a summer at sleep away camp. Although tbh I've usually seen something closer to ~10k for a summer away. Presumably you could pay more for spending a summer in an immersive camp experience or do multiple high end camps spread over the summer.
The private chefs and specialized tutors for niche subjects add up (I wish I was joking, not that I ever sent any of my kids to one).