Comment by ThunderSizzle
9 hours ago
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If you have a cushy job where you don't really work, and you make a lot of money (doesn't mean you have capital), how does that translate to being suited to becoming an entrepreneur with the money they are no longer earning with the effort capacity they apparently don't have?
> (doesn't mean you have capital)
Then they’re not going to be doing any significant lobbying so they’re not covered by GP’s comment, which was selecting for “people who have political capital”.
Yes, there are other forms of political capital besides money, but it’s still mostly just money, especially when they’re part of the tiny voter block of “people who make a lot of money and dont do much work and dont have wealth”.
Also I talked with the employees at my local McDonald’s last week. Not one of them had any idea who the owner was. I showed them a photo of the owner and they had never seem them. So apparently that could be an option for people who were overpaid and still want to pretend-work while making money.
Don’t dismiss the other forms of political capital so quickly. Sure, the people who are independently wealthy can independently influence political decisions, but there are so many situations in history where the once conditions worsen for the upper middle class, there is impetus to make political change, overthrow governments, etc. It’s usually when the scholar/merchant class gets annoyed that laws change.