Would you care to provide an estimate as to what percentage of people with $1+ million net worths are criminals? Order of magnitude is fine. 30%? 3%? 0.3%? 0.03%?
$1M net worth in many areas is effectively someone who bought a house 40 years ago and paid off the mortgage. A million bucks ain't what it used to be.
In the U.S., the incarceration rate is about 0.7%. So as a point of fact it seems likely that dentists do not outnumber criminals. :) They do probably outnumber white collar/big money criminals though.
Can you rephrase this in terms of a positive claim about reality which is rigorous enough to be falsifiable? I'll falsify it for you.
We are bullshitting about the incidence of criminality among the wealthy out of some crabs-pulling-down-crabs-leaving-the-bucket class warfare. This is not instrumentally useful on HN; many HNers will find themselves wealthy, some sooner and some later, and others should not self-limit on their chances of ending up there by adopting discourses which suggest that wealth is necessarily stolen.
Come again? You do realize you don’t have to be wealthy to leave something behind to your children. It could be something as simple as the house or car you had before dying.
I really don’t understand why there’s so much disdain for something every parent aspires to do for their children. Such jaded and cynical types here, sheesh.
I think poster was recognizing the differences between those that start off life with enough to fully fund a reasonable life without effort vs. those that do not.
Agree. The unspoken tenet in my family has always been you enjoy enormous advantage; your responsibility is to leave the next generation better off than where you started.
The nerve of people wanting their life's contribution to be a net positive for those they love dearly....
Wealth continues to concentrate upwards, and if you can’t easily find information on your own, I’d be happy to provide sources that show that social mobility is low, and a good predictor of your class is that of your parents. Please don’t set up this straw man. There’s nothing wrong with leaving things to your kids, but maybe you don’t need $50 billion to be distributed to three or four individuals.
