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0 pointsdhruval3y ago0 comments

1. Sure, I think there are degrees of consent

- people enthusiastically lining up to get the latest sneaker / iPhone.

- mildly enthusiastic grocery shopping.

- overpriced medical drugs due to a monopoly.

- taxation.

- outright theft at gunpoint

2. Insightful, thanks. I think one variable the model doesn’t account for is time (which is not multiplicative and scarce).

Money and power can be multiplicative so maybe most of us are playing the non-multiplicative game of spending our time to make money, while the rich are leveraged time to play multiplicative games where they spend money to make more money and happened to win a bunch of times.

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solarmist3y ago

2.) Pretty much. That's the way I see it. They also take risks with their time in order to find multiplicative or even exponential results. Such as starting a business that might go nowhere.

Similarly, (from comment [1]) paraphrasing an idea from Victor Wooten's video. If you grow up around people that do interesting things with money then you'll learn to do interesting things with money too. (He said people who grow up around people who speak music naturally learn to speak music quickly and easily too.)

[1] https://news.ycombinator.com/item?id=34094950

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