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NancyLebovitz comments on Don't rely on the system to guarantee you life satisfaction - Less Wrong Discussion
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There are certainly a lot of people who followed the standard advice about school, work, and home-buying, and ended up badly burnt.
I'm not sure what it would take to understand when a system is failing so that you should avoid being dependent on it, or what a good approach is to acquiring enough flexibility to do well in the face of large social changes.