Re:I’m not saving ninety percent of my income for myself
by luckylion on Saturday June 08, 2019 @12:57PM
(#20133486)
> Many people I know can't start a business or do risky things because of food, shelter, medical insurance/premiums.
I believe that's a personal thing, some people would, but most wouldn't. Some people would get hyper productive if everything was taken care off, others would barely leave their flat.
> I know I'd jump if I knew that if/when I failed, I wouldn't be destitute.
You wouldn't be in Western Europe. Yet, very few people jump and take a chance. I don't think that the effect is that large, if it exists at all - don't forget that social safety nets come at a price: (very) high taxes, lots of regulation, entrepreneurship isn't looked at the same way, the systems are rather static.
I find that a very sad view. Many people I know can't start a business or do risky things because of food, shelter, medical insurance/premiums. I know I'd jump if I knew that if/when I failed, I wouldn't be destitute.
Right now, doing such is primarily relegated to inheritance, familial money, or miraculously winning it 'big' (Horatio Alger stories). They have the cushion. They can fall back to safety within family money. They have connections.
We don't have any of those things going for us. But then again, people also think we're just too lazy or unmeaningful. No, we just know what's being risked, and we can't make that choice with the threat of destitution.
The bottom goes pretty deep in the US.