| > You get too caught up in the meaning of "hard work", as if your only purpose it to use its pedantic definition as a gotcha. No, I personally don't use the phrase myself in normal conversation and would be glad if it simply disappeared entirely. I'm only responding to the people who use the phrase to justify massive inequality of wealth, so I'd like to hear what you think it means, and how it justifies that inequality. > The anti-Musk sentiment is now at cult-like levels and I'm afraid that rational conversation is not on the table anymore. The submitted article is about the "Five richest men", of which Musk is one, so it's not like I'm bringing up his name out of context. He is the context here. > yet still you'd argue that he doesn't work hard I didn't argue that. I don't even know what "hard work" is supposed to mean here, which is why I'm asking you. You're the one who said, "I don't understand why people refuse to accept that some people are smarter, work harder..." Yet you seemingly refuse to say what you mean by that. If manual labor isn't hard work, then what is hard work, exactly? > is basically just lucky He is lucky. You don't think the following is a lucky set of circumstances to get a massive payoff? https://en.wikipedia.org/wiki/Elon_Musk#X.com_and_PayPal "Even though Musk founded the company, investors regarded him as inexperienced and replaced him with Intuit CEO Bill Harris by the end of the year. In 2000, X.com merged with online bank Confinity to avoid competition, as the latter's money-transfer service PayPal was more popular than X.com's service. Musk then returned as CEO of the merged company. His preference for Microsoft over Unix-based software caused a rift among the company's employees, and eventually led Confinity co-founder Peter Thiel to resign. With the company suffering from compounding technological issues and the lack of a cohesive business model, the board ousted Musk and replaced him with Thiel in September 2000. Under Thiel, the company focused on the money-transfer service and was renamed PayPal in 2001. In 2002, PayPal was acquired by eBay for $1.5 billion in stock, of which Musk—PayPal's largest shareholder with 11.72% of shares—received $175.8 million." Without that lucky jackpot, none of your "revolutionary companies" would exist. > Whatever makes you feel better about yourself. I don't really care. I'm not a "failed billionaire". I've never in my life even aspired to wealth. It's not among my priorities. What I do care about is the disproportionate political power exercised by the ultra-wealthy, and how it makes our whole society worse. > If the guy who created SpaceX is not impressive to you, then I'm not sure who is. A lot of people are impressive to me, but I don't give a damn about SpaceX. I don't believe in the Mars fairy tale that's been sold to space nerds, and I wouldn't bat an eyelash if SpaceX folded and stopped operating tomorrow. Furthermore, I think there are too many rocket launches polluting the atmosphere and too many satellites being put in orbit. I'm not a fan. |
> I'm only responding to the people who use the phrase to justify massive inequality of wealth, so I'd like to hear what you think it means, and how it justifies that inequality.
I do think that there is probably too much inequality for it to be healthy for society, but I am not of the opinion that "billionaires should not exist" or that anyone rich is some version of evil.
I believe fundamentally that two workers who have different productivity and/or different work ethics should be compensated differently. Elon Musk (and many rich people) have, on average, better work ethic and considerably better output. Just by the fact that Elon has been involved in so many successful ventures at a global level, that is by definition proof that he is doing something better than virtually all of us.
> I don't even know what "hard work" is supposed to mean here
In previous replies you associated hard work with physically strenuous work. I think they are orthogonal concerns. Working hard means making progress on problems at the edge of your abilities. By your definition, someone shovelling bricks for 8 hours is working harder than someone working 8h in an office. By mine, that is not necessarily true.
Also, even if your definition was true, paying someone purely on how 'hard' they work would still not be a good idea.
> Without that lucky jackpot, none of your "revolutionary companies" would exist.
This sentence does not sound as good as you think it does.
Sure, loads of people end up with the biggest percentage of shares in a company like PayPal and then also continue with other extremely impactful ventures, one after the other at the edge of technology. Repeated moonshots is "lucky".
> I don't believe in the Mars fairy tale that's been sold to space nerds
Me neither, but have a look at how many launches have happened each year before and after SpaceX, in a field entirely dominated by national agencies. No matter which way you cut it, SpaceX has ushered in a new era in space exploration. I won't even bother arguing more about this, this is honestly ridiculous.