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.
Pick any of those 8 billion. Have them work half as hard. Have them have half as much talent. Do their outcomes remain the same , get better, or get worse?
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.
Can anyone benefit from working 10% harder or smarter? Undoubtedly. But success isn’t linear. It’s clear from the zeitgeist that the ultra-rich and powerful—past or present—aren’t working a million percent harder or smarter; their positions are more accurately explained by structural advantages. The first million might be 95% hard work and talent. The next million, probably a bit less so.
> It’s clear from the zeitgeist that the ultra-rich and powerful—past or present—aren’t working a million percent harder or smarter; their positions are more accurately explained by structural advantages.
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.
Point is that wealth is a pretty minor part here compared to luck and skill, as otherwise people born wealthy would dominate the startup world. Instead its people born to upper-middle class families that dominates it.
> otherwise people born wealthy would dominate the startup world. Instead its people born to upper-middle class families that dominates it.
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.
I broadly agree with your point, but you’re overlooking a critical dimension: once someone successfully identifies and exploits a niche (through a combination of skill and luck), the subsequent growth >can< often become largely independent of further skill or luck. At that stage, wealth through some basic intelligence compounds itself, regulatory capture can then occur, monopolistic behaviors can emerge—none of which are necessarily admirable traits in a society. But we're talking about different parts of an elephant and I don't think we disagree, but stepping back what we may disagree about is my opinion that ultra wealth (I'm not talking about millionaires or low level billionaires) but the wealth of Musk/Bezos/Zuck is a bug of the system, not a feature.
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.
This is a basic feature of capitalism and every other acquisitive social system.
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.
I imagine first you’d have to define success in a way others might agree with. And talent, for that matter—most notable talents can’t be easily exploited by capital.
But, I do know for sure that being wealthy is correlated to neither skill nor hard work, but savvy leverage of the skill and hard work of others. That shit has to end. You should make proportional to the work you put in. Shareholders and investors are even worse.
But whatever. I do not expect the world to improve at this point. We’re just stuck in a shitty place (as humanity) and asked to be grateful for the insight of the rich.
>You should make proportional to the work you put in.
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.
To play devil's advocate: Free will not existing doesn't mean that your environment doesn't affect your outcomes. On the contrary, in fact. So convincing you means that I am the environment that affects you.
Circumstances and luck are hugely important, but you have agency even if you don't have full control.
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.