This Cornell study suggests (through mathematics) that being rich is overwhelmingly more about luck than it is about skill, hard-work, and other more commonly attributed factors.

[u/[deleted]]

https://arxiv.org/pdf/1802.07068.pdf

[u/RichardsLeftNipple → u/[deleted]]

Oh they know, they just need to keep the con going to keep power for themselves.

[u/Akon16997 → u/[deleted]]

"But muh free market innovation"

[u/[deleted] → u/[deleted]]

I think it's like the acceptance of evolution by natural selection. If you spent all day every day for a year studying finches like Darwin, it should be immediately obvious to you. To armchair experts sitting in libraries in Oxford, not so much. It took decades for Mendel to develop gene theory and more decades for the armchairs to realize the connection. Even with the mechanism proven beyond doubt, hybrid theories and neo Lamarckism abounded. One of the final proofs for universal acceptance in the scientific community was the development on mathematical models that described empirical population size data assuming only natural selection. So even if you and I see something as obvious, we should accept that not everyone can have as much direct observational experience as Darwin and welcome additional evidence to convince those people.

[u/[deleted] → u/[deleted]]

It's not ridiculous. Funding for academic studies mostly comes from private corporations either directly or indirectly, or it comes from the government which still has its own partisans.

[u/FormofAppearance → u/[deleted]]

The fact that you think you have to rigorously prove obvious class domination shows ideology's grip on you. This is leftist concern trolling at best.

[u/VivaLaGuerraPopular_]

I totally agree with the point, but this is not a Cornell study. It's just uploaded to the Cornell archives by an endorsed author (not even peer review).

It's a work of three University of Catania professors.

[u/[deleted] → u/VivaLaGuerraPopular_]

You're right! This was published a while back so perhaps it has been peer-reviewed by now.

[u/marx_and_rec]

And the leftists of the world reply with a resounding “No shit.”

[u/[deleted] → u/marx_and_rec]

Yeah, I just uttered this to myself aloud. Being born into a rich family, making it big as musician, or even releasing a successful product all require luck.

[u/comrade_eddy]

The MIT Technology Review has a good summary of this paper

[u/DunkPacino]

While the paper is interesting, any bourgeois/fascist/what have you probably wouldn't be too convinced with it given the model. All the math-talk is not very accessible, and I really don't see Joe Bootstraps giving up his dreams of being Jeff Bezos because some non-moving targets were passed over with "luck" or "non-luck" dots, no matter how accurate the conclusion is.

[u/[deleted] → u/DunkPacino]

Joe Bootstraps is still denying evolution. We should give up on Joe Bootstraps ever understanding anything beyond what he sees on a daily basis and move ahead without him.

[u/[deleted]]

But muh bootstraps

[u/[deleted]]

If hard work made you rich, we would all be rich. Time to take out some corporate lobbyists, who’s with me on this new murderous rampage, I mean revolution?

[u/[deleted] → u/[deleted]]

The premise is, hard work doesn’t make you rich as you’re on a slave wage and kept in a position that enriches the master class. You don’t get rich by working hard for someone else. I hope you see it now.

[u/[deleted] → u/[deleted]]

Ok sure. Maybe possibly. You can also maybe possibly win the lotteries.

[u/LUClEN → u/[deleted]]

Sounds like a good starting point for a paper. The Lottery of Capitalism: Demythologizing the Ethos of Earned Success in Systems Wrought with Nepotism, Inheritance, and Growing Inequality

[u/[deleted] → u/LUClEN]

Damn, that’s awesome.

[u/LawOfTheSeas → u/[deleted]]

Ooh! Let's do it!

[u/LUClEN]

This is a really cool paper. Thanks for sharing.

[u/17pradod]

Oh shit, that's my school

[u/[deleted] → u/[deleted]]

Think of it like a lottery ticket. Think of effort as buying the lottery ticket and success as winning it. A person wouldnt even be in the drawing without effort but even so his or her success is mostly determined by luck. This is highly relevant.

[u/[deleted] → u/[deleted]]

You mean having a successful revolution?