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tut comments on Open Thread, January 4-10, 2016 - Less Wrong Discussion

5 Post author: polymathwannabe 04 January 2016 01:06PM

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Comment author: TheAncientGeek 05 January 2016 01:26:11PM 4 points [-]

"More specifically, after reading the essay Economic Inequality by Paul Graham, I would say that the really simplified version is that there are essentially two different ways how people get rich. (1) By creating value; and today individuals are able to create incredible amounts of value thanks to technology. (2) By taking value from other people, using force or fraud in a wider meaning of the word; sometimes perfectly legally; often using the wealth they already have as a weapon."

Which one is inheritance?

Comment author: tut 05 January 2016 03:00:58PM 3 points [-]

I think it would be counted as whichever way was used by whoever you got the inheritance from.