You’re arguing that there are other factors that also influence outcomes (and that those other factors are stronger forces).
I agree with that point, but that’s not a refutation to the notion that the coefficients on talent and hard work are positive, nor a convincing argument that success is unrelated to those two factors.
Millions of people had an equal or better starting condition than Mark Zuckerberg so we aren't really lacking privileged people, but vanishingly few of those do become ultra wealthy.
Those are just two different points on the "wealthy" scale. If you zoom out on a global level, they are not very far apart.
The kind of upper-middle class family that produces startup founders tends to be from the rich countries.
It makes perfect sense that it's the pretty wealthy and not the super-wealthy. There's more of the UMC, and they only need a certain amount of social/economic capital to roll the dice.
Humorous analogy: Imagine you’re playing a video game where, through a mix of skill and luck, you stumble upon an incredibly overpowered weapon. With even minimal competence, this weapon lets you easily acquire even more powerful gear, initiating a self-reinforcing loop that rapidly propels you to dominance. Soon enough, your advantage reshapes the entire game—limiting access to similar weapons for other players. The game stops being fun, or as some might put it, it becomes fundamentally unfair.
Without forced redistribution of wealth/power that set hard limits you're going to get a runaway, and the whole thing melts down.
This won't happen if the people with wealth/power care about consequences and have the wisdom to model outcomes accurately. But the kinds of people who care about consequences in capitalism are unlikely to be chasing huge wealth in the first place.
The system cannot work. It's fundamentally manic depressive, alternating between irrationally exuberant booms and catastrophic crashes, and consuming talent and raw materials for self-defeating ends.
Throughout the 20th century we have seen what such a social structure leads to: millions of deaths from hunger. And always, without exception: the transition to work-based economy - and in the next decade the population becomes many times poorer and a huge percentage of the population dies of starvation.
So no thanks. Between shareholders and investors, and starvation, I choose shareholders and investors.
It's complex.
This is the thread GP was supposed to be a reply to:
> > Does anyone actually believe that hard work and talent are either zero or negatively correlated to success?
> I do.
Any of us could get hit by a meteor or drop dead at any minute, but working harder towards goals in aggregate moves us towards those goals, so I don't understand how this logic works?
108 Billion humans have ever lived on planet earth. 8 billion-ish currently.
Most of them live lives that in no way reflected on their hard work and talent, but rather their circumstances, starting with where and when they were born but encompassing a million different contingencies outside the control of their hard work or talent.
So do you think you have talent and hard work greater than 99% of those many billions? If you're posting on HN you've probably got "success" in that extreme even if you've never applied yourself or excelled in anything of any note.