Comment by simonhorlick
8 days ago
It's motivated by the ideology of wanting a meritocracy - the idea that if you work hard you can reap rewards. Having some people in society that can sit at home and watch the S&P increase while some have to work 50-hour weeks to make ends meet is seen as problematic.
And your influence, merit and worth are what you're paid in salary. That sounds sane.
It wasn't a judgement remark, "earned income" is what you call that which is not passive income
What does the “to be fair” part of your sentence mean then?
I see this as a goal in life, not a problem
> the ideology of wanting a meritocracy - the idea that if you work hard you can reap rewards.
and of those hard earned rewards investing them and then sitting at home and watching the S&P increase you mean?
oh wait that’s problematic … let’s take those rewards away for “fairness” .. opps no incentives no meritocracy no prosperity