Basically, this is what Elizabeth Warren and her followers don't get:pic.twitter.com/hjVrd7EHZl
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Interesting alternative version of the graph I posted. We can debate the slope of the line but it's probably more accurate than the original.https://twitter.com/DanielCluley/status/1192822645575835648?s=19 …
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Is Steve Jobs an righteous entrepreneur or a predator of harsh working condition cheap Chinese labor? Is a lawyer a honest earner or a parasite on the system? Are most doctors doing good for society or profiting off of unnecessary prescriptions and procedures? It's not clear.
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It seems crazy to claim that 90% of 'rich' people are cronies. I'd be curious to know this person's definition of rich.
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More likely, given the varying degrees of opportunity. Also, time of life is probably relevant, and broad sweep of history.
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Obviously, neither of these graphics represent reality. The original poster created a simplified graphical representation of a concept. I created a similar exaggerated graphical representation of an alternative concept.
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Neither of these were meant to be accurate representations of actual data. . . Just look at the fact that there are no x/y scales, yet, you intuitively thought that there were, and that increasing wealth could cause increasing % of cronyism or corruption.
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