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by slt2021 1182 days ago
everybody gets same results regardless of input, merit, or effort
3 comments
alexandre_m 1182 days ago
Everybody at the bottom of the state pyramid. The elites at the top get everything.
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barneygale 1182 days ago
So like rich kids with generational wealth under capitalism? Sign me up!
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slt2021 1182 days ago
According to statistics - rich kids squander ALL of their wealth in ~ 2 generations, so dont worry about rich kids. Stupid ones (of which there are a majority) wont be rich for long.

"Approximately 70% of wealthy families lose their wealth by the next generation, with 90% losing it the generation after that." [1]

1: https://fortune.com/recommends/investing/generational-wealth...

in the end only smart ones will have $$$, everything according to their merits/efforts

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barneygale 1181 days ago
> According to statistics - rich kids squander ALL of their wealth in ~ 2 generations, so dont worry about rich kids. Stupid ones (of which there are a majority) wont be rich for long.

So it's not a meritocracy - it's an inter-generational relay race. A meritocracy involves a level playing field. A 100% inheritance tax would help.

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camdat 1182 days ago
And how is that communism?
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