Posted: Jan 03, 2012 4:03 am
by UtilityMonster
NineOneFour wrote:
UtilityMonster wrote:
Seabass wrote:
These same individuals may have gotten rich enough from their inventions to be able to afford their own private art collections. Good for them, I say.


You mean they inherited wealth from their robber baron ancestors. That is the only explanation for why there are rich people.


Actually, that's true of the vast majority, yes.


Have any statistics to back that up? I am genuinely interested to know if that is the case.

I think a more accurate explanation takes into account that, rather than simply inheriting millions or billions of dollars, the children of the wealthy have better access to education, nutrition, genes and a more nurturing and loving home, and are thus more likely to prosper in their professions as a result. This doesn't particularly bother me, as I think that people who work to earn money should be allowed to spend most of it as they please, and if that means spending it on their childrens' welfare, then so be it. Do you disagree?