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Why Don't Rich People Just Stop Working?

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Re: Why Don't Rich People Just Stop Working?

#141

Earlier quoted context omitted.

If people stayed fit after getting in shape one time I think most would stop, your metaphor only works if we made some kind of capital gains scenario for fitness.

No, I really don't think they would. The gym is a lot of people's "third place[0]". Not to mention that exercise in particular releases happy chemicals independent of whether or not it is making/keeping you fit. 0. https://en.wikipedia.org/wiki/Third_place

[deleted]

Re: Why Don't Rich People Just Stop Working?

#143

Because being somewhat of a workaholic or craving power / money / achievement is how they got to be wealthy in the first place. This is roughly akin to asking "why don't strong and fit people stop going to the gym?"

If people stayed fit after getting in shape one time I think most would stop, your metaphor only works if we made some kind of capital gains scenario for fitness.

I'm a lifetime "fitness person" and I know for myself and quite a few others like me that being fit is a side effect of exercise not the primary goal.

Re: Why Don't Rich People Just Stop Working?

#144
post #114

Another suggestion not mentioned in the article...maybe the fact that they can afford to use their own free time for anything they want leads them to doing exactly that? Bill Gates leaving Microsoft to focus on the foundation? - AKA, he wants to focus on making the world a better place Elon used all that Paypal money and started SpaceX and Tesla? - Also, wants to focus on making the world a better place If I were Zuc…

Elon didn't start Tesla.

And Eberhard and Tarpenning just copied Coconni and Gage’s tzero from AC propulsion.

Re: Why Don't Rich People Just Stop Working?

#145
post #114

Earlier quoted context omitted.

Elon didn't start Tesla.

And Eberhard and Tarpenning just copied Coconni and Gage’s tzero from AC propulsion.

Initially through a licensing deal for the powertrain and charging system until redesigned.

Re: Why Don't Rich People Just Stop Working?

#146
post #136

Earlier quoted context omitted.

Sort of. If everyone does what they want - who does the jobs no one wants?

Automation and/or higher pay tends to make that not a problem.

automation is just going to take jobs and the higher level jobs will be unobtainable by the working class who won't have the income or childhood stability to afford obtain the education necessary for the jobs not taken by automation.

people talk about UBI (which i used to be for, but upon deeper investigation I feel is problematic) and about living wages for the lowest of jobs, but the USA is wholly captured by capital. We have two right wing parties that are controlled by industry. Neither of these things will never come unless its to hold off a violent revolution.

Re: Why Don't Rich People Just Stop Working?

#147
post #5

Because it's not working that sucks. It's having to work that sucks.

If i could take care of my retirement, medical care, my kid's future, etc.... i'd work a very different job if i could. I'd probably work more than i do now. I'd love to run a simple restaurant like a BBQ restaurant or something like that. And i'd never sit at a desk ever again as part of my daily tasks. And i'd fuck-off on HackerNews and Reddit a lot less. I just got a job where I make more than double my last role.…

You sound like the same person that I am. I could almost print your comment out and put it on my fridge.

The only difference is you're almost certainly a better developer than me, I'm scared out of my mind to switch jobs because I despise being put on the spot during interviews. I hate it, and in my real work I'm searching online all the time and that looks bad. I don't have a child either but part of me wants to end my lineage just because it increases my own slavery.

I have no better way of making money. And to think I used to want to do this. Sometimes at night when thinking about the next day and my constantly-angry coworkers, I spontaneously envision shooting myself or hanging myself. I'd never do that, because I'm not giving the world that satisfaction, but it sums up how I feel. I'd bet there's a lot here on the same page. I think a large part of this situation for a born and raised US citizen is the outsourcing. Not only is the pay suppressed, but the treatment isn't nearly as good as it would be if companies weren't allowed to outsource costs through visas and remote hires.

These companies didn't care about keeping jobs in the US, so we shouldn't care about them either, and unionize with our international colleagues. Then the treatment and respect would go through the roof, and having the dignity of putting red tape in their way for once would probably increase worker satisfaction. I'd certainly get a good chuckle watching them being forced to pay my Indian colleagues the same as I make, and I'd be happy to do that to any employer that embraces outsourcing.

Re: Why Don't Rich People Just Stop Working?

#148

Earlier quoted context omitted.

If i could take care of my retirement, medical care, my kid's future, etc.... i'd work a very different job if i could. I'd probably work more than i do now. I'd love to run a simple restaurant like a BBQ restaurant or something like that. And i'd never sit at a desk ever again as part of my daily tasks. And i'd fuck-off on HackerNews and Reddit a lot less. I just got a job where I make more than double my last role.…

Im about to make the same leap as you and I know it'll be the same. What's your plan? I think it would be worse to inflate your lifestyle with all the nice things and still have to work at that new big tech place for decades more

i'm basically paying off my car, my (and my wife's) student loans, etc.

I would say about 5-10% of the money will go to increased creature comforts or better vacations. But beyond that it's been invested in college savings for my kid, our retirement and such.

The reality is, I'm trapped in my role. The only thing to do is continue and enjoy life to the best of my ability outside of work and to use the money i get for the best life i can have.

I have a financial opportunity here most people never get. I'm burnt out and disengaged and have only been here a month, but I will continue to work against my attitude and try to make the best of it.

I have to.

Re: Why Don't Rich People Just Stop Working?

#149

Earlier quoted context omitted.

If people stayed fit after getting in shape one time I think most would stop, your metaphor only works if we made some kind of capital gains scenario for fitness.

I'm a lifetime "fitness person" and I know for myself and quite a few others like me that being fit is a side effect of exercise not the primary goal.

I can understand hiking, soccer, whatever fun types of exercise. But you would keep lifting weights and doing cardio workouts when you could no longer make gains and it had no impact on your health/mood? Getting/staying strong is a pretty huge part of working out for me.

Re: Why Don't Rich People Just Stop Working?

#150

Earlier quoted context omitted.

Im about to make the same leap as you and I know it'll be the same. What's your plan? I think it would be worse to inflate your lifestyle with all the nice things and still have to work at that new big tech place for decades more

i'm basically paying off my car, my (and my wife's) student loans, etc. I would say about 5-10% of the money will go to increased creature comforts or better vacations. But beyond that it's been invested in college savings for my kid, our retirement and such. The reality is, I'm trapped in my role. The only thing to do is continue and enjoy life to the best of my ability outside of work and to use the money i get for…

Yeah seriously it's an amazing thing. I think you could get to a point where you're doing like 3-4 hours work a day max, and making like 300k+. Ridic. But it's so pointless.

Having a family definitely sticks you in more.

Maybe you can grind and save up enough that you can take only few month stints or contracted jobs once in awhile. Live in a lower cost of living place and enjoy a simpler life.

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