this post was submitted on 24 Sep 2023
732 points (94.3% liked)
Showerthoughts
29855 readers
224 users here now
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. A showerthought should offer a unique perspective on an ordinary part of life.
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- Avoid politics
- 3.1) NEW RULE as of 5 Nov 2024, trying it out
- 3.2) Political posts often end up being circle jerks (not offering unique perspective) or enflaming (too much work for mods).
- 3.3) Try c/politicaldiscussion, volunteer as a mod here, or start your own community.
- Posts must be original/unique
- Adhere to Lemmy's Code of Conduct
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Isn't this the plot to elysium?
In all seriousness, its not impossible to go from the bottom to the top, but its definitely improbable. Anyone can do middle class. Just do middle class.
If you really want to go wild, sacrifice your pleasantries in order to save a bit and give it to your child a chance. Ill give you an example.
Jeff Bezos mother Jackie and father Tim when were 16 and 18 respectively when she was pregnant with Jeff. Jeffs first dad was a drunk asshole and they got divored. She met a Cuban Refugee named Miguel Bezos, who adopted Jeff. Jeff went and got himself into Princeton, where he graduated and started working for a financial tech company.
Now Miguel got his degree and was working for exxon. Thats how he was able to save up the $254k that he and Jackie loaned to Jeff. With that, he made an online bookstore called amazon.com. From there Jeff became the multi billionaire he is now. Oh, Jackie and Miguel got 6% each so they're billionaires too.
Now that's the American Dream. Even so, I think the question is, how rich is too rich?
I had a teacher who won the lotto. I don't take investment advice from her.
The odds of winning the lotto are better than being a billionaire off a business plan.
But imagine a world where if you capped over say, 1 billion, your excess would be funnelled into your employees.
You're right, with careful planning and hard work it's possible to better your situation or those of your children. (Though it doesn't always work) Even in our current system, statistically, some people will become billionaires. Do we think those billionaires lives are significantly better than if they were millionaires? If anything, judging by their behavior becoming ultra rich seems psychologically damaging.
On the other hand, we have millions of people who struggle to have enough food, to have a place to live, to get healthcare, to gain an education. Without a healthy environmental we face disaster that will cost many lives. I'd like to build a system where everyone has those modern rights. We need a systemic solution, personal effort is important but not sufficient.