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Culture War Roundup for the week of October 2, 2023

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Just got back from month long vacation # 3 this year, perspective fully changed: Working for money is fucking stupid. Wow, is it stupid.

I've met dozens of people who travel full time from property and investment income from their grandparents; and I am probably a couple years from fully supporting myself purely from passive income (though I'll probably keep working just to get the number higher; maybe pile up some burnable cash to buy more investment property during the next crash).

The switch was sudden and totally unrelated to anything specific I had done; it is just a result of two generations of skin flint behavior and interest rates. If your family line can get together mid six figures of money in investments and assets and sit on it for 1.5 generations without anyone buying penis compensation trucks or boats or developing a gambling addiction or fentanyl addition; you can just be fucking set. (Said in the tone of a joke, but actually a big ask according to the facts.)

The people talking about class war are 100% right; I can say that for a fact now that I've experienced it from both ends. It's really nice to be on the winning side for once. I just watch the money I float in my checking accounts go up 70k every couple months and most of it goes into investments that will only be dinged if the government of the USA collapses; recission proof and inflation proof and 98% risk free. It is so fucking easy to live solely off the sweat of other peoples brows; no wonder these dudes who were born into it start thinking they can't possibly fail.

All this to say: What the fuck do we do about the fact that owning shit and renting shit is just flat out better in every way than doing shit or making shit?

It's easier, it's safer, it's more sustainable over the course of your life, and you can pass it down to your kids locked away in trust so even the frailest son can't fuck it up.

I know that my solution (radical wealth redistribution, red-black shit at large, etc and so forth) isn't popular here; but even conservatives have got to recognize there is a problem.

How do you solve it without the revolution? Is that question even coherent?

I'm not clear what the problem is. Do you feel that it's just viscerally unfair that some people need to work and some people don't? That people who have wealth should have it confiscated until they're in a position of needing to work again? I promise, I'm not being deliberately obtuse here. Designing policies with the goal of enabling anyone willing to work to have a reasonably decent life seems like a good starting point to me, but that doesn't suggest that there wouldn't be or shouldn't be capital-holders that have arrived at a position where personal labor is no longer necessary for them to draw their living. If the problem is the unsustainability of the rate of return on capital, tweaking some of the more audacious tax policies seems like a plausible approach, but I would need to know what exactly we're trying to fix and what the goal is before really undertaking a discussion of where to go.

In the most pithy form - is retirement just plain immoral?

In the most pithy form - is retirement just plain immoral?

If you're retiring in your prime, maybe. More Boxer less Napoleon.

The path of least resistance for talented people is DINKing your way to FIRE at 40 and maybe getting a golden retriever or a couple of cats. Playing video games, smoking weed, phoning it in at your job (if you have to work) and taking a couple months of vacation a year.* I know an unfortunately large number of people who fall into this bin.

This is very much not the behavior we want to incentivize. We need people to do the hard work of having children and raising them well - or perhaps more realistically, decreasing the financial and social burden, but that's another story. We'd all be poorer if Elon Musk had spent his 20s/30s blitzed in Ibiza doing lines of coke off hookers, or whatever it is fun people do at raves. The American frontier wasn't tamed by childless, unemployed scions of wealthy families, good times create weak men, insert your preferred aphorism about rich, lazy fucks here.

*I'm not so tedious as to argue that vacation itself is immoral, but c'mon. Everyone should try to accomplish something worthwhile with their lives, everyone should see what their body is physically capable of in their prime and we need to cultivate a sense of ambition and civic responsibility.

We'd all be poorer if Elon Musk had spent his 20s/30s blitzed in Ibiza doing lines of coke off hookers, or whatever it is fun people do at raves.

I think the popular sentiment is that if Elon hadn't been around to ramp up Tesla, SpaceX, and whatever else he's dipping fingers in, some other capable person could have done the exact same thing. Because apparently profitable business ideas grow on trees, and just need to be plucked and driven to success.

I don't agree with the idea that Elon is that easily replaceable on the individual company level, and I don't think people grasp how insane it is for ONE GUY to be pushing this much wealth around in so many different companies, AND staying at least a step or two in front of his various competitors who ALSO have a lot of wealth to throw around.

It's the famous 'his engineers do all the work' argument, to which I respond 'why not just sack all of NASA's engineers and hire new ones'? If the effectiveness of a company is decided by the skills and efficiency of its rank and file employees, then it follows that NASA struggling to get back to the Moon is due to the incompetence of its workforce, not problems with leadership and management.

The above is silly, good engineers and researchers are necessary but not sufficient for top-tier, cost-efficient space capabilities.

We'd all be poorer if Elon Musk had spent his 20s/30s blitzed in Ibiza doing lines of coke off hookers, or whatever it is fun people do at raves.

Absolutely. And as a reminder to those people who keep saying that Elon got his wealth handed to him by his parents and so what he has achieved isn't a big deal, the fact that he chose to do what he did rather than doing coke off hookers is a point in favour of him being someone to respect. You don't show character by working hard if the alternative is that you die to starvation, but you do show character if you work hard when the alternative is endless blackjack and hookers for the rest of your life.