alt Hacker NewsThe premise of this article initially appears to be that counter to common opinion, work is profitable and it's not all about investment / entrepreneurship.
But then through the course of tedious and somewhat pompous paragraphs (I only read 5 before I started skimming so let me know if I missed something) the point seems to bend towards "work hard to get a foothold so you can own stuff and then you'll make real money" .
It did nothing to change my opinion of our system where labor earns a pittance and all real wealth comes from the lottery of birthright, corruption, picking the right stock, or getting lucky in entrepreneurship.
(What's all this stuff about grades??? Does somebody think grades matter??? Maybe I'm out of touch because I got my PhD before really starting the career grind.)
> It did nothing to change my opinion of our system where labor earns a pittance and all real wealth comes from the lottery of birthright, corruption, picking the right stock, or getting lucky in entrepreneurship.
What is real wealth in this scenario? I had no birthright, involvement in government corruption, nor did I pick the right stock or start a company. Just boring old S&P 500 and not blowing money on really dumb stuff or making mistakes. Which is harder than it looks, but if your perception is real wealth = multi-digit millions then yes sure you have to get lucky. What is surprising or interesting about that? Rare thing is rare, else it wouldn’t be of value.