Failkids and failgrandkids seem to be root cause of half the big, systemic problems in the world. Seems to take till the 4th generation to get to “ordinary”
Conversation
Ironic that 2/3 of new-wealth America now has debilitating woke derangement syndrome and can’t think straight… and it’s almost entirely due to kids/grandkids of older wealth dominating slacktivist sinecures
Their own kids/grandkids will definitely do similar things in 10-20y
Replying to
Failchild Communism: Negative political externalities in kin-selected trustafarian economies by I. Ronic
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To be fair i don’t think the children of self-made wealthy are any more or less likely to be screwed up than children of normies. They can just do a lot more damage when they are because they are not just propped up but enabled.
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Or rather, easy money/curse of resources drives expressions of fuck-up potential that would otherwise go unexpressed.
I’d probably have done a lot of damage if I’d had a big trust fund or an easy-money slacktivist sinecure like ESG job in a parental hedge fund.
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