capitalisn is a strawman. America is a classital liberal society. Much of capitalism follows from that, but the message of freedom is where it starts. Marix didn't dare argue against freedom ever though that was his goal so he invented capitalism as a strawman he can knock down.
Oh no is a real thing! Capitalism is a mode of production; that is a way to organise the productive forces of a society around specific social relations. It is so real it has been observed well before Marx himself. Ricardo and Smith studied its developments. It even had a beginning, back then with Italian city-states, and hopefully it will have an end, just like slavery and feudalism before. I recommend "Why socialism" by Albert Einstein as a good introduction :)
Because you ask it to improve things and so it produces slightly better than average results - the average person can find things wrong with something, and fix it as well. Then you feed that improved result back in and generate a model where the average is better.
often the real value of writing a book is you can convince people to pay you to speak. I've had several classes at work where they gave me a book that had everything in the class.
By working and investing. More successfully at some points than others. But you’re totally right that different people are better set up and more or less inclined to move on from a job than others.
The larger message is young people cannot get passive income in a short time. Sure there are a few born rich, and a tiny handful who by luck and skill (both are needed) get rich quick. However for the vast majority passive income is a long slog of saving a little here and there. (there is a third option - really lower your standard of living so you need almost nothing to live - get a good job but live in a tent city with the poor, cooking on a camp stove - everything you own fits in a backpack). The idea that you can in a few years get enough invested to live on a beach for the rest of your life is a fantasy that sells books but doesn't otherwise exist.
I agree with all that. I've known a couple of people (at least one was out of investment banking--think both were) who pretty much fully retired in their forties, which of course isn't really that young. Some people hit the startup or some other lottery early on and, even if you get a million dropped on you at 25 or 30, you should probably think long and hard about whether you can really just not work any longer. Gives you a lot of breathing room but isn't really a huge pile.
Certainly, there are degrees of frugality. I could probably spend more than I do but don't have a real interest in doing so and generally avoid expensive things that might give me some incremental pleasure but prefer to arrange things so that increment is pretty small and doesn't revolve around "stuff."
A LOT of Millenials were born rich. They may not have realized it, but now that boomers are dying off, it is stratifying Millennials through inheritance.
A lot of them have and continue to receive massive wealth transfers from their boomer parents through free-ish rent, gifts (aka pay for your down payment on a house), etc, etc.
Hard to keep up with what generations are supposedly uniquely disadvantaged. For Millennials specifically, houses would seem to be rather late in the game as they're probably mostly buying in their 30s maybe if they're buying at all and probably haven't been living with their parents for most of that period before.
At least amway has real product. You are expected to sell to make money in the early years. In 30 years of real work you get a passive income retirement plan - but you need to put in real work selling things to get there.
when you look at the real business model of those who have had success they are still selling the soap in retirement. It is not going to get you rich, but it isn't too bad a life.
well it was - the only people I know in amway are in their 80s and so it may be different.
amway deserves the hate. Truth is it isn't as easy as they tell you.
I think I'm more able to stay on task - when there is something hard I don't want to do I just tell the AI to figure it out. Previously I would find any excuse to procrastinate. For that matter while the AI is "thinking" I can read a book (unrelated fiction), but I'm still on task because the work is getting done.
It predates LLMs though. It's after work and you're hanging out with friends, and someone asked about that one actress from that one thing. Do you struggle and think real hard and pull a name out of your brain with a bunch of effort, or do you just look it up in IMDB?
How far below is the question. It could level out at 60% - that is believable. However it can't level out at 99% - Somewhere around 95% major sites will decide IPv4 isn't worth supporting and they will just ignore that final 5% of customers, which will force them to upgrade - which in turn will give others confidence to remove their final 4% of customers - until IPv4 dies.
There are also still Telex and X.25 networks around there, not to forget the whole public telephone network!
But at some point, getting a native connection to all of these started becoming increasingly rare, and now these are largely emulated/tunneled on top of IP. The same can happen for IPv4.
That was always the plan for "the future". That is get everyone to IPv6 and then get rid of IPv4. IPv4's days are numbered - but the number looks really big.
I'd make it required that ipv6 for all customers has a higher service guarentee than anyone ipv4. If you don't support ipv6 you can't guarentee anything. give two years to to implement it.
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