[csomar]

Wealth is largely distributed by luck, though it has become more concentrated over the last 30 years or so. Most wealthy people aren't particularly smart in the intellectual sense but they tend to think they are, because what other explanation do they have?

Admitting you were just lucky, rather than exceptionally hardworking or talented, is something very few people are willing to do. In all my years, I've met almost no one who genuinely attributes what they have to luck rather than their own effort.

> Shit, even the cynical people that think their wealth is going to protect them are probably ignoring that if unemployment hits 50+%, society is just going to stay stable and they're going to be safe?

Most people can't see two steps ahead. Most people believe the mainstream narrative and think they are outsmarting everyone else in the process. See how Trump tweets still work despite proving time and again that he's full of s**. These people will keep doing what they were doing until they are completely emptied out.