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Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by aeternum on Thursday July 29, 2021 @01:06PM (#27998724)
Marketing matters a lot, and NKLA was quite popular or even infamous there. A known brand does have value, even according to 'real economics'.

Most investors seem to have been valuing that aspect and completely discounting the engineering/tech.

Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by yup00 on Thursday July 29, 2021 @01:11PM (#27998781)
It helps me to think in terms of particles and waves.

A person is a particle and their influence is a wave.

I’m not so sure light is both, but our cognition enables seeing it as both.

Mirror neurons fire when we engage a behavior or see it performed.

Our culture is built upon a meme repeating protectionist like chants for the rich, deflation for the middle class, and stagnation of the poor.

Repeat, fire mirror neurons.

It’s not perfect mind control though cause once you know how the sausage is made, why give that particle (rich person) reverence?

Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by aeternum on Thursday July 29, 2021 @07:22PM (#28002726)
People choose to exchange money for goods and services that improve their life. Rich people generally became rich by directly or indirectly providing goods and services that improved the lives of a great many people.
Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by rhizome on Thursday July 29, 2021 @10:22PM (#28003757)
Rich people generally became rich by inheriting lots of money.

https://ips-dc.org/the_self-made_hallucination_of_americas_r...

Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by aeternum on Friday July 30, 2021 @11:10PM (#28014925)
Providing for one's children can be a powerful motivator. How long does that generational wealth last on avg?
Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by rhizome on Monday August 02, 2021 @05:42PM (#28043069)
I don't have it at hand, but in finding that other page I came across something saying, I think, 3-5 generations. It's googlable.
Re:Grand jury indicts Trevor Milton, Nikola founder, on thre... by aeternum on Wednesday August 04, 2021 @02:09PM (#28064265)
That seems somewhat reasonable. Work hard, do exceptionally well, and you can benefit your grandchildren but not very far beyond that.