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[-] Vinstaal0@feddit.nl 3 points 1 week ago

That depends a bit on the situation, I have seen some people from rich companies who learned things like in the quote from Sir Terry Pratchett, aka the cheapest is not always the best option.

Some people also got rich in the first place because they either studied hard and got to be a specialist earning hundreds of thousands a year for their job and others just came with the right invention in the right time, and we overpaid for it. You see that especially in tech where the costs where generally pretty low (especially bookkeeping wise since the original owner's hours are generally not added in the bookkeeping) and they sold it for a lot.

[-] brendansimms@lemmy.world 6 points 1 week ago

Its worth making the distinction between the 'rich' and the 'super-rich'. The top 10% (in terms of wealth) own 70% of all US wealth, but then the top 1% owns half of that! So, relatively speaking, the 'rich' are poor compared to the 'super-rich'. No one makes it to that 1% without exploiting fellow human beings. Numbers source: Capital in the 21st Century - Thomas Piketty.

this post was submitted on 27 May 2025
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