Hacker News new | ask | show | jobs
by charlesdm 3098 days ago
Wealth != salary. Most wealthy people who got wealthy didn't get there by making a large salary, they (at some point) booked capital gains on something.

Nothing is stopping you from venturing out into the world and setting up a business, and making your way into the 1%.

Most work is commodity work. And in a lot of cases, you have a significant amount of people who can solve a problem. This results in a race to the bottom in terms of compensation.
2 comments
Can_Not 3096 days ago
> Nothing is stopping you from venturing out into the world and setting up a business, and making your way into the 1%.

Nothing except the 1%-ers who are pulling up every ladder behind them they can.

link
justicezyx 3097 days ago
> Nothing is stopping you from venturing out into the world and setting up a business, and making your way into the 1%.

Well, that's the issue we were discussing: Is there a system that can move the society in a rate that is at least as good as what we have now, but at the same time does not result into the 0.1% problem.

link