billionaires arnt actually smart, they had a silver spoon since thier birth, so they have expensive education. even soros merely took advantage of favorable conditions at his disposal.
plus they come out of school enititled and elitist from private schools, which is not indicative intelligence.
So a lottery winner is guilty of crimes? There are ways to “win the lottery” inside capitalism without breaking any rules. Sure, the amassing of wealth is in itself unethical in a country where many kids can’t eat nutritious meals, but you don’t necessarily have to be a backstabbing thief to become rich. You can just luck out and have an idea like online banking take off at the same time the technology becomes mature enough for something like online banking to be feasible.
They’re routinely the victims of them. Lottery winners are a scam target rich environment. North of 5% of lottery winners go bankrupt within five years, far above the national average.
You can just luck out and have an idea like online banking take off
Utterly clueless if you believe the advent of online banking was Peter Thiel’s idea. I seriously doubt you understand how banks form or function.
billionaires arnt actually smart, they had a silver spoon since thier birth, so they have expensive education. even soros merely took advantage of favorable conditions at his disposal.
plus they come out of school enititled and elitist from private schools, which is not indicative intelligence.
Inheritance is only one way the ultra-wealthy gained their status. There’s also exploitation, luck, predatory business practices, corruption, …
Some gained wealth legitimately, but they usually fall under the luck category and should have been taxed at a higher rate for decades.
Nobody gets truly rich by playing within the rules. Show me a billionaire and I’ll show you a list of crimes.
So a lottery winner is guilty of crimes? There are ways to “win the lottery” inside capitalism without breaking any rules. Sure, the amassing of wealth is in itself unethical in a country where many kids can’t eat nutritious meals, but you don’t necessarily have to be a backstabbing thief to become rich. You can just luck out and have an idea like online banking take off at the same time the technology becomes mature enough for something like online banking to be feasible.
They’re routinely the victims of them. Lottery winners are a scam target rich environment. North of 5% of lottery winners go bankrupt within five years, far above the national average.
Utterly clueless if you believe the advent of online banking was Peter Thiel’s idea. I seriously doubt you understand how banks form or function.
Gonna throw a ball and just see where it lands… Azim Premji.