You need to re-evaluate, based on what you just received as feedback. They’re valid points.StCapps wrote: ↑Wed Nov 13, 2019 6:24 amThis why citing things on an internet forum is pointless. No one changes their mind, and they will reach for all kind of excuses to ignore data and stick to their confirmation bias. StA is the prime example. The heirs do not account for a 71% turnover rate at all, and StA is being a complete clown to suggest that is the case, with no data to back up that baseless assumption.Speaker to Animals wrote: ↑Wed Nov 13, 2019 6:21 am"and their heirs"StCapps wrote: ↑Wed Nov 13, 2019 6:11 amYou read the post, I included a data point based on net worth to show the phenomenon wasn't just about income, there is big turnover in capital too. You just can't fucking read.
Here it is again dumbass:
Would you like to keep pretending it's me who can't read instead of you? Or do you want to stop making yourself look like even more of a moron?
That is another tactic I already mentioned. When a hugely successful industrialist dies and his will divides the assets to four or five adult children, the family collectively might retain the wealth, but the stats only look at the families of the individual adult inheritors, which is obviously around 1/4 or lower, depending on the number of children.
That is not a burnout.
Citations don't change minds, they just result in cognitive dissonance out the whazoo from those who disagree.
Also, looking only at the top 400 out of 300 million isn’t a valid statement on the state of free market capitalism.