inequality is a necessary side effect of the capitalist system that has lifted more people out of poverty than anything else.
I would not call it as being a necessary side effect...I would call it as an inevitable consequence of the system.
The obvious flaw in such simplistic reasoning there being no linear or even monotonic relationship between effort and income.
inequality is a necessary side effect of the capitalist system that has lifted more people out of poverty than anything else.
That's some impressive PC/SnowFlake talk right there.
We live in a world, where Donald Trump has a job working in a corner store, which is just mind blowing, if he at his age can do that, think what a normal not disabled, not suffering with acute dementia 20+ year old could do, if not for the cripping anxiety and depression ofcourse and all the time you spend on facebook word shaming people.
Yeah, I'd be the first to admit that I somewhat generalized Snusk's post.
He is right, in that effort <> success. It's one of many factors, and yes ... luck is part of it. Which is why, just like trading? You have to grind out an iteration of events / opportunities.
Effort, as he said, will always skew an outcome just a tad higher. But it's not just about effort. The number of people I know in the industry, that are dumber than a rock, and just happened to make out due to place of birth, family connections, fortunate happenstance ... not getting hit with a bad run, etc ... is incredible.
Which is why I figure ... Effort + An Iteration of Opportunity Events will yield an incredible result.
Not effort alone.