please define "working their assess off"
they either invented something revolutionary or they tapped into a market that simply didn’t exist at the time.
Both things are becoming EXTREAMLY difficult in the modern age because of:
1. Patent laws: try to invent something that hasn’t been invented. Even if you think of something that’s not out on the market doesn’t mean the rights to the production of something similar aren’t stored in some vault. Try to build something anyway and get a nice C&D letter in the mail
2. Economies of scale. Laws, those in the US in particular, have been rectified and enacted that fuck over small businesses. It is becoming increasingly difficult to enter any worth-while industry and even HOPE of competing. Most fail. Those that survive or make it through aren’t gold mines by any means.
So while your folks may have worked hard, I can guarantee you that should they put in the same effort TODAY as they did back then, they’d most likely fail.
Which IS THE ARGUMENT.
Hard work is no longer enough.
Working hard will not provide you with a nest egg
Working hard will provide you with a barely average lifestyle, and that’s with TWO people working. And if you don’t own property, you won’t until you reach retirement age.
Being a shitty worker is no longer enough to even provide a shitty lifestyle. Shitty workers now must hold 2 or 3 shitty jobs to BARELY SURVIVE. Far as I’m concerned that’s slave labour.
The only thing that will generate vast amount of capital in today’s economy is vast amounts of capital. Hard Work is only good to keep you afloat.
The only way to break through is to start your own business. But aside from the two VERY STRONG deterrents I mentioned earlier, the other is the simple fact that not everyone is an entrepreneur
This is a social fact that EVERYONE who calls us “commies” chooses to BLINDLY ignore. Not everyone wants to be a boss. Not everyone wants to deal with other people. Just like not everyone is cut out to be a pilot or a scientist.
Does that mean that these people don’t deserve a chance at leaving a single-income life where they can support a normal mortgage and put a child or two through college?
This used to be NORMAL, today this is LUXURY.
Before people could pick a profession and work for someone else. They never made millions but they made enough to live a happy life.
So quit talking about what people USED TO DO, because the reality of today’s world is radically different.
All argument aside, if your family is in the top 2%, can you please donate a few grand to TD and keep us afloat for the next 5 years? Thanks.
"Working their asses off"
My dad works 8:30-5:30 as a divisional manager for a company and he is in charge of purchasing all the materials (billions) that the company will need to keep making their products and just because he gets off at 5:30 and comes home doesn't mean hes done. His job doesn't stop because he deals with India (what a giant shit hole India is, he's got some good stories there. One family he took a picture with because they never saw a white man before and I just had to mention the moped with a family of 6 on it and there was a little baby on it as well), China, Taiwan, Germany, Mexico, Australia, and like 10 states here in the U.S. He's on the phone more than anyone I know. He travels for weeks at a time. He has had to fire quite a few people in the last week just to try and boost the stock prices especially because of the way the economy is right now in his industry. All he has is 2 years of college, no degrees and all experience and results of his past and current job.
It's not that my dad has to work really hard, it's a lot of work don't get me wrong but he's just really fucking good at his job. He's a car salesman's worst nightmare or any salesman in general. My mom and I have literally walked out of stores because of how embarrassed we get when my dad talks/negotiates when buying furniture or anything over a couple grand, you just have to experience it for yourself. He makes the majority of the money in our house.
I also had to add this story because he actually just got back from India a few days ago and told us this one. Him and his boss and a few other VP's go out to dinner in India because their hotel had given them a driver for 4 hours. As they were leaving the restaurant this guy comes running up to the car and says you have to pay 10 rupees ($0.16) to park there at the restaurant and the driver didn't have that money and he was being such a dick to their driver so my dad offered to pay it. So he handed him 20 rupees and the guy starts walking off and my dad raises his voice so he could hear him, "hey I want change" and the guy gets even more pissed that he's gotta give him the rest of the money ($0.16) and my dads Boss and other VP's were like god damn "insert name here" I'm glad your our purchaser (he's gotta keep prices down and save a certain % each year). So yeah that pretty much sums up how my dad is, and he was like it's not the money it's the principle.
My mom is as high as she can go in her area as an IT analyst for the state, last amount of money I knew she made was over 100k. She works with idiots and complains about it all the time. She hates unions because she has to pick up everyone's slack.
The problem is most people are content with just living and don't possess the drive in a dog eat dog world.