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by heurist
2961 days ago
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The remaining 20-30% is related to childhood nutrition, education, opportunities to play, learning from peer groups... all of which are heavily impacted by wealth/poverty. And 20-30% is A LOT. Luck plays as much of a role in wealth as intelligence, so to assume that wealthy are more intelligent from genetic reasons and therefore poor families will remain poor is myopic. Unstructured wealth transfer will never happen (except in cryptocurrencies) so I don't think you need to worry about that. The current effort is to get hardheaded free-marketers to recognize that equal opportunity is a myth. |
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Basic income is arguably that, and there’s some hope that it will happen in the not so far future (or rather, there’s a reasonable fear that without it, and with the structural changes to the job market due to advanced automation, we’d be f#cked).