Preferential attachment is a well-documented economic phenomenon, for example: https://en.wikipedia.org/wiki/Preferential_attachment
In our system, capital tends to concentrate and flow to people who are good stewards of it.
Many of the rich train their children to provide value and allocate capital efficiently. This is somehow a bad thing?
The comment I responded to was the typical collage freshman “eat the rich” bs which is rooted in communistic ideation. Those ideas are generally worthless and go down a shitty path for both the individual and society. Those ideas result in misery literally every time we try them.
The comment I responded to was the typical collage freshman “eat the rich” bs which is rooted in communistic ideation.
Then you should have directed your remarks to the person who wrote that instead of to me.
This is a disturbing viewpoint to see on HN.
We already went down this path (a few times) and it resulted in >100 million deaths in the 20th century.