Re:Random computer simulation produces wealth distribution s...
by fatjokes on Thursday March 01, 2018 @05:40PM
(#16497077)
I thought it was established that it wasn't chance, that it was basically family wealth? I.e., your family is rich, therefore you can afford to take risks and fail, therefore you're more likely to make it big.
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Re:Random computer simulation produces wealth distribution s...
by Reedx on Thursday March 01, 2018 @06:43PM
(#16497463)
Where and when you're born is chance and certainly has an impact on prospects.
But being born into wealth doesn't mean you'll keep it either, especially into the 3rd generation[1]. Those kids are too far removed from the work that got there. Ever hear the saying, "shirtsleeves to shirtsleeves in three generations"?
[1] http://money.cnn.com/2014/06/25/luxury/family-wealth/index.h...
Re:Random computer simulation produces wealth distribution s...
by wruza on Thursday March 01, 2018 @07:27PM
(#16497723)
I though that ‘chance’ in topic is something happening in lifetime, not at its start. Can being talented also be called a chance of genes or cultural environment then?
Re:Random computer simulation produces wealth distribution s...
by smt88 on Thursday March 01, 2018 @05:57PM
(#16497187)
I consider family wealth to be chance as well. You don't choose which family you're born into, after all.
Re:Random computer simulation produces wealth distribution s...
by nybble41 on Friday March 02, 2018 @06:02PM
(#16506571)
You don't choose which family you're born into, after all.
You couldn't have been born into any other family—a child born into a different family would be a different person entirely. Is it still chance when there is only one possible outcome?